COLLAWN PATRICIA K (EXECUTIVE CHAIR) exercised options at TXNM ENERGY INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

COLLAWN PATRICIA K

Filed: 3/10/2025ACC: 0001562180-25-002250

InsiderCOLLAWN PATRICIA KCIK 1083786

→

IssuerTXNM ENERGY INCCIK 1108426

DirectorOfficer· EXECUTIVE CHAIR

Since Mar 2026

-9.31K

Net shares

Net seller

$444.6K

Total sold

Open market trades

0B · 0S

Total transactions

20.56K acquired · 29.87K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+8.57K

Price / share

—

Trade value

—

% of position

1.2%

3/7/2025

738.30K→746.88K

Common Stock

Direct

F · Tax Withholding

−3.88K

Price / share

$47.78

Trade value

$185.43K

% of position

0.5%

3/7/2025

746.88K→743K

Common Stock

Direct

M · Option Exercise

+6.02K

Price / share

—

Trade value

—

% of position

0.8%

3/7/2025

743K→749.01K

Common Stock

Direct

F · Tax Withholding

−2.72K

Price / share

$47.78

Trade value

$130.15K

% of position

0.4%

3/7/2025

749.01K→746.29K

Common Stock

Direct

M · Option Exercise

+5.97K

Price / share

—

Trade value

—

% of position

0.8%

3/7/2025

746.29K→752.26K

Common Stock

Direct

F · Tax Withholding

−2.70K

Price / share

$47.78

Trade value

$129.05K

% of position

0.4%

3/7/2025

752.26K→749.56K

Total

Net shares

+11.26K

Net value

-$444.64K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2025	M · Option Exercise	+8.57K	—	—	1.2%	738.30K	746.88K
Common Stock Direct	3/7/2025	F · Tax Withholding	−3.88K	$47.78	$185.43K	0.5%	746.88K	743K
Common Stock Direct	3/7/2025	M · Option Exercise	+6.02K	—	—	0.8%	743K	749.01K
Common Stock Direct	3/7/2025	F · Tax Withholding	−2.72K	$47.78	$130.15K	0.4%	749.01K	746.29K
Common Stock Direct	3/7/2025	M · Option Exercise	+5.97K	—	—	0.8%	746.29K	752.26K
Common Stock Direct	3/7/2025	F · Tax Withholding	−2.70K	$47.78	$129.05K	0.4%	752.26K	749.56K
Total			+11.26K		-$444.64K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

8.57K shares

−8.57K

Strike price

Held after

57.12K

Exercisable

—

3/7/2025

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

6.02K shares

−6.02K

Strike price

Held after

51.10K

Exercisable

—

3/7/2025

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

5.97K shares

−5.97K

Strike price

Held after

45.13K

Exercisable

—

3/7/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock8.57K shares	3/7/2025	M · Option Exercise	−8.57K	—	57.12K
Restricted Stock Rights Direct	Common Stock6.02K shares	3/7/2025	M · Option Exercise	−6.02K	—	51.10K
Restricted Stock Rights Direct	Common Stock5.97K shares	3/7/2025	M · Option Exercise	−5.97K	—	45.13K