X0508 4 2024-12-02 false 0001108426 TXNM ENERGY INC TXNM 0001637037 TARRY JOSEPH DON CORPORATE HEADQUARTERS MS1275 ALBUQUERQUE NM 87158-1275 true true false false President and COO false Common Stock 2024-12-02 4 M false 6617.00 0.00 A 38171.00 D Common Stock 2024-12-02 4 F false 2995.00 49.05 D 35176.00 D Restricted Stock Rights 2024-12-02 4 M false 6617.00 0.00 D Common Stock 6617.00 24698.00 D Represents the portion of previous awards of restricted stock rights that vested effective as of December 2, 2024. Represents shares withheld by TXNM Energy, Inc. (the "Company") to satisfy the tax withholding obligations arising in connection with the settlement of equity awards. The Company utilizes a modified "share withholding" approach in connection with settling equity awards, in which it (i) withholds (in cash) an amount to satisfy tax withholding obligations and remits such amount to the relevant tax authorities, and (ii) directs a designated broker to purchase on the open market the number of shares of the Company's common stock that can be acquired with the after-tax value of equity awards at the prevailing market price. Only these "net shares" are delivered to the recipient of the equity awards. Each restricted stock right represents a contingent right to receive one share of common stock of the Company. On May 3, 2024, the reporting person was granted 19,851 restricted stock rights, one third of which vested on December 2, 2024 and the remaining two-thirds of which will vest on December 1, 2025, subject to the reporting person's continued employment through such vesting date. /s/ Angela L. Pino, POA for Joseph Don Tarry 2024-12-04