DARNELL RONALD N. (SVP, PUBLIC POLICY) exercised options at TXNM ENERGY INC

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

M · 3 exercises

DARNELL RONALD N.

Filed: 3/8/2023ACC: 0001562180-23-002625

InsiderDARNELL RONALD N.CIK 1536511

→

IssuerTXNM ENERGY INCCIK 1108426

Officer· SVP, PUBLIC POLICY

Since Mar 2019

-743.00

Net shares

Net seller

$36.3K

Total sold

Open market trades

0B · 0S

Total transactions

1.64K acquired · 2.38K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+508.00

Price / share

—

Trade value

—

% of position

1.2%

3/7/2023

41.76K→42.27K

Common Stock

Direct

F · Tax Withholding

−230.00

Price / share

$48.80

Trade value

$11.22K

% of position

0.5%

3/7/2023

42.27K→42.04K

Common Stock

Direct

M · Option Exercise

+543.00

Price / share

—

Trade value

—

% of position

1.3%

3/7/2023

42.04K→42.58K

Common Stock

Direct

F · Tax Withholding

−246.00

Price / share

$48.80

Trade value

$12K

% of position

0.6%

3/7/2023

42.58K→42.34K

Common Stock

Direct

M · Option Exercise

+590.00

Price / share

—

Trade value

—

% of position

1.4%

3/7/2023

42.34K→42.92K

Common Stock

Direct

F · Tax Withholding

−267.00

Price / share

$48.80

Trade value

$13.03K

% of position

0.6%

3/7/2023

42.92K→42.66K

Total

Net shares

+898.00

Net value

-$36.26K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2023	M · Option Exercise	+508.00	—	—	1.2%	41.76K	42.27K
Common Stock Direct	3/7/2023	F · Tax Withholding	−230.00	$48.80	$11.22K	0.5%	42.27K	42.04K
Common Stock Direct	3/7/2023	M · Option Exercise	+543.00	—	—	1.3%	42.04K	42.58K
Common Stock Direct	3/7/2023	F · Tax Withholding	−246.00	$48.80	$12K	0.6%	42.58K	42.34K
Common Stock Direct	3/7/2023	M · Option Exercise	+590.00	—	—	1.4%	42.34K	42.92K
Common Stock Direct	3/7/2023	F · Tax Withholding	−267.00	$48.80	$13.03K	0.6%	42.92K	42.66K
Total			+898.00		-$36.26K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

508.00 shares

−508.00

Strike price

Held after

4.52K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

543.00 shares

−543.00

Strike price

Held after

3.98K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

590.00 shares

−590.00

Strike price

Held after

3.39K

Exercisable

—

3/7/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock508.00 shares	3/7/2023	M · Option Exercise	−508.00	—	4.52K
Restricted Stock Rights Direct	Common Stock543.00 shares	3/7/2023	M · Option Exercise	−543.00	—	3.98K
Restricted Stock Rights Direct	Common Stock590.00 shares	3/7/2023	M · Option Exercise	−590.00	—	3.39K