TARRY JOSEPH DON (President and CEO) exercised options at TXNM ENERGY INC

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

M · 3 exercises

TARRY JOSEPH DON

Filed: 3/8/2023ACC: 0001562180-23-002622

InsiderTARRY JOSEPH DONCIK 1637037

→

IssuerTXNM ENERGY INCCIK 1108426

DirectorOfficer· President and CEO

Since Mar 2026

-845.00

Net shares

Net seller

$41.2K

Total sold

Open market trades

0B · 0S

Total transactions

1.86K acquired · 2.71K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+387.00

Price / share

—

Trade value

—

% of position

1.6%

3/7/2023

24.46K→24.85K

Common Stock

Direct

F · Tax Withholding

−176.00

Price / share

$48.80

Trade value

$8.59K

% of position

0.7%

3/7/2023

24.85K→24.68K

Common Stock

Direct

M · Option Exercise

+681.00

Price / share

—

Trade value

—

% of position

2.8%

3/7/2023

24.68K→25.36K

Common Stock

Direct

F · Tax Withholding

−309.00

Price / share

$48.80

Trade value

$15.08K

% of position

1.2%

3/7/2023

25.36K→25.05K

Common Stock

Direct

M · Option Exercise

+795.00

Price / share

—

Trade value

—

% of position

3.2%

3/7/2023

25.05K→25.84K

Common Stock

Direct

F · Tax Withholding

−360.00

Price / share

$48.80

Trade value

$17.57K

% of position

1.4%

3/7/2023

25.84K→25.48K

Total

Net shares

+1.02K

Net value

-$41.24K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2023	M · Option Exercise	+387.00	—	—	1.6%	24.46K	24.85K
Common Stock Direct	3/7/2023	F · Tax Withholding	−176.00	$48.80	$8.59K	0.7%	24.85K	24.68K
Common Stock Direct	3/7/2023	M · Option Exercise	+681.00	—	—	2.8%	24.68K	25.36K
Common Stock Direct	3/7/2023	F · Tax Withholding	−309.00	$48.80	$15.08K	1.2%	25.36K	25.05K
Common Stock Direct	3/7/2023	M · Option Exercise	+795.00	—	—	3.2%	25.05K	25.84K
Common Stock Direct	3/7/2023	F · Tax Withholding	−360.00	$48.80	$17.57K	1.4%	25.84K	25.48K
Total			+1.02K		-$41.24K

Derivative Transactions3

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

387.00 shares

−387.00

Strike price

Held after

8.85K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

681.00 shares

−681.00

Strike price

Held after

8.17K

Exercisable

—

3/7/2023

Restricted Stock Rights

Direct

M · Option Exercise

Converts to

Common Stock

795.00 shares

−795.00

Strike price

Held after

7.37K

Exercisable

—

3/7/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Rights Direct	Common Stock387.00 shares	3/7/2023	M · Option Exercise	−387.00	—	8.85K
Restricted Stock Rights Direct	Common Stock681.00 shares	3/7/2023	M · Option Exercise	−681.00	—	8.17K
Restricted Stock Rights Direct	Common Stock795.00 shares	3/7/2023	M · Option Exercise	−795.00	—	7.37K