Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 17, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 18, 2025
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001624359-25-000008
Filed / recorded
Dec 18, 2025, 8:57 PM UTC
Added to OQRO
Oct 6, 2026, 9:11 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
TXNM ENERGY INC
Issuer CIK
1108426
Ticker
TXNM
Reporting person
Brian Iverson
Relationship
Officer
Officer title
Gen Couns, SVP Reg-Pub Policy
Security
Common Stock
Table
Non-derivative (Table I)
Transaction date
Dec 17, 2025
Transaction code
M
Shares / units
2,344
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
9,080
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents vesting of performance shares earned for the 2023 - 2025 performance period based on preliminary results of achievement of applicable performance measures.