Welcome to our dedicated page for TXNM Energy SEC filings (Ticker: TXNM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TXNM Energy, Inc. (NYSE: TXNM) SEC filings page on Stock Titan provides access to the company’s regulatory documents as filed with the U.S. Securities and Exchange Commission. TXNM Energy is an Albuquerque, New Mexico-based energy utility holding company that delivers electricity to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).
Through this page, readers can review annual reports on Form 10-K, quarterly reports on Form 10-Q and a wide range of current reports on Form 8-K. For a regulated electric utility group like TXNM Energy, these filings are central to understanding segment performance, rate mechanisms, capital investment plans and risk factors. The company’s 8-K filings detail material events such as new credit agreements, amendments to revolving credit facilities, issuance of first mortgage bonds by TNMP, term loans at PNM, and junior subordinated notes issued by TXNM Energy.
Recent 8-K filings also describe the Agreement and Plan of Merger with Troy ParentCo LLC and Troy Merger Sub Inc., affiliates of Blackstone Infrastructure Partners L.P., under which TXNM Energy would become a wholly owned subsidiary if the merger is consummated. These filings outline the agreed cash consideration per share, shareholder approval of the merger, and the regulatory approvals required from the New Mexico Public Regulation Commission, Public Utility Commission of Texas, Federal Energy Regulatory Commission and other federal agencies.
Investors can use the filings page to follow debt and capital structure disclosures, including the terms of TXNM Energy’s junior subordinated convertible notes, fixed-to-fixed reset rate junior subordinated notes, and TNMP’s first mortgage bonds. Filings also provide information on non-GAAP “ongoing” earnings measures, reconciliations to GAAP results and explanations of how management evaluates operating performance.
Stock Titan enhances these documents with AI-powered summaries that highlight key terms, covenants and events in lengthy filings. Real-time updates from EDGAR help users quickly identify new 10-K, 10-Q and 8-K submissions, while insider transaction reports on Form 4 and proxy statements on Schedule 14A can be used to analyze executive compensation and ownership changes. This makes the TXNM Energy filings page a focused resource for understanding the company’s regulatory, financial and transactional history.
TXNM Energy, Inc., together with Public Service Company of New Mexico and Texas‑New Mexico Power Company, furnished an 8‑K announcing results for the three and nine months ended September 30, 2025. The results were released via a press release furnished as Exhibit 99.1.
The companies also described their use of non‑GAAP measures such as ongoing earnings and ongoing diluted EPS, which exclude specified items like unrealized mark‑to‑market impacts on economic hedges, changes in unrealized gains and losses on investment securities, pension expense from a previously disposed gas distribution business, and certain non‑recurring or infrequent items. The information was furnished under Item 2.02 and is not deemed filed under the Exchange Act.
Brian Iverson, listed as General Counsel and SVP Regulatory & Public Policy of TXNM Energy Inc. (TXNM), reported transactions dated 09/16/2025. On that date 4,650 restricted stock rights vested, each representing one share, and the reporting person acquired 4,650 shares with a $0 price basis on vesting. The company withheld 1,407 shares$56.63 per share, leaving the reporting person with 6,736 shares09/18/2025. The filing explains the companys modified share withholding procedure and that restricted units vest in three equal annual installments.
TXNM Energy, Inc. has fully repaid and terminated its $500 million 2023 term loan agreement. The company settled the outstanding balance with the lenders on August 29, 2025, and the loan was ended in accordance with its existing terms. This filing simply records the payoff and conclusion of a previously disclosed material debt agreement with Wells Fargo Bank, National Association, acting as administrative agent.
TXNM Energy, Inc. shareholders approved a merger agreement with affiliates of Blackstone Infrastructure Partners L.P. The record date for the special meeting was July 17, 2025, when TXNM had 105,378,979 shares outstanding. At the special meeting held August 28, 2025, 93,339,040 shares (about 88.6% of outstanding shares) were represented in person or by proxy. The company reported it did not receive notice that any shareholder intended to seek dissenter's rights under New Mexico law. The filing notes that abstentions count as votes against under state law and refers readers to the definitive proxy materials for full details.
Patricia K. Collawn, Executive Chair and Director of TXNM Energy, Inc. (TXNM), reported acquisition of 657 phantom stock shares under the TXNM Energy, Inc. Executive Savings Plan II via notational dividend reinvestment on August 22, 2025. These phantom shares convert to common stock on a one-for-one basis and are recorded as indirectly owning an aggregate of 95,815 common stock equivalents held in the TXNM Common Stock Fund - Executive Savings Plan II. The phantom shares will settle upon the Reporting Person's retirement or other termination of service.
The Form 4 was signed by a power of attorney on behalf of Ms. Collawn on August 25, 2025. No cash price was paid for the phantom shares (reported price $0), and the filing reflects a routine plan-based reinvestment rather than an open-market trade.
TXNM Energy entered into a distribution arrangement allowing up to $200,000,000 of its common stock to be sold into the market through appointed sales agents. The company may sell shares in at-the-market offerings on the NYSE, to market makers, via electronic networks or in privately negotiated transactions. The program also contemplates forward purchase agreements where forward purchasers borrow and sell shares to hedge, and the company expects to receive cash proceeds only upon physical settlement of those forwards, subject to adjustments. The company may elect cash or net-share settlement in limited circumstances, which could result in no proceeds or obligations to pay cash or deliver shares. Sales under the plan will incur commissions up to 2% of gross proceeds and reimbursements of certain expenses, and the agreement may be terminated by either party.
TXNM Energy, Inc. describes a flexible shelf prospectus for offering common stock, debt securities, warrants and other instruments and discloses mechanics and risks of sales, including "at the market" offerings and forward sale agreements. Forward sale agreements may result in physical settlement (company receives proceeds equal to initial forward sale price times shares delivered) or cash/net share settlement (company may receive no proceeds and could owe cash or shares). Forward purchasers can accelerate settlement under specified events, and forward sale prices adjust daily by a federal funds rate factor less a spread and for expected dividends. Sales agents/forward sellers receive commissions up to 2%. The filing warns of share price volatility, dilution risk from issuances and convertible securities, and automatic termination of forward agreements in bankruptcy. Key reported facts include NYSE ticker TXNM, last sale price on August 14, 2025 of $56.94, 92,659,335 common shares outstanding as of December 31, 2024, and $555 million of TXNM standalone debt outstanding as of that date. The prospectus incorporates numerous reports and discloses corporate governance, dividend and capital structure basics.
T. Rowe Price Investment Management reports beneficial ownership of 4,424,589 shares of TXNM Energy common stock, equal to 4.8% of the class. The filer indicates sole voting power for 4,408,963 shares and sole dispositive power for 4,424,589 shares, with no shared voting or dispositive power. The statement identifies T. Rowe Price as an investment adviser organized in Maryland and affirms the position is held in the ordinary course of business and not for the purpose of changing control. This filing is a routine passive ownership disclosure under Schedule 13G/A.
TXNM Energy, Inc. filed a Form S-3 shelf registration to register the resale of up to 3,615,003 shares of common stock previously issued in a private placement under a June 24, 2025 Purchase Agreement. The selling shareholders may sell these shares from time to time in public or private transactions and TXNM will not receive any proceeds from their sales. The company’s common stock trades on the NYSE under the symbol TXNM and the filing cites a closing price of $57.07 on August 7, 2025. The prospectus states 105,378,979 shares outstanding as of July 17, 2025.
TXNM is a holding company for two regulated utilities, Public Service Company of New Mexico and Texas-New Mexico Power Company, serving approximately 839,000 customers. The prospectus reiterates corporate objectives including earning authorized regulated returns, targeting industry-average or better long-term earnings growth, maintaining a dividend payout ratio of 50–60% of earnings, and preserving investment-grade credit ratings. It discloses Series A Preferred (convertible 1:10) exists in charter but none outstanding and that selling shareholders hold $95,022,000 aggregate principal of 5.75% Convertible Notes, convertible into up to ~2.5 million shares (not currently convertible).
The filing incorporates extensive risk factors, notably a pending merger contemplated by an Agreement dated May 18, 2025 with Troy ParentCo LLC and Merger Sub (affiliate of Blackstone Infrastructure Partners), and describes risks tied to regulatory approvals, financing, cost recovery in regulated jurisdictions, decommissioning and environmental costs, fuel and counterparty risks, and potential operational and market impacts while the transaction is pending.