Transaction Details

Footnotes

The security converts to common stock on a one-for-one basis. | Reflects the amount of phantom shares acquired under the TXNM Energy, Inc. Executive Savings Plan II through notational dividend reinvestment on the cash dividend payment date of February 14, 2025. | The phantom stock shares were acquired under the TXNM Energy, Inc. Executive Savings Plan II, and will settle upon the Reporting Person's retirement or other termination of service. | Due to a system error of a third party administrator, the reporting person's Form 4 filed on February 18, 2025 inadvertently excluded 93,732 phantom stock shares that the reporting person held prior to her acquisition of 710 phantom stock shares as previously reported under such Form 4.