Form 4: TXNM Energy SVP & CFO Elisabeth Eden Reports Stock Transactions

Elisabeth Eden, SVP & CFO of TXNM Energy, reports the vesting and subsequent tax withholding of shares related to restricted stock rights.

Summary

• Elisabeth Eden, SVP & CFO of TXNM Energy Inc., filed a Form 4 detailing changes in beneficial ownership of company stock on March 10, 2025.
• The reported transactions occurred on March 7, 2025, and involve the vesting of restricted stock rights and the subsequent withholding of shares to cover tax obligations.
• Eden acquired 651, 357, and 926 shares of common stock through the vesting of restricted stock rights at a price of $0.00.
• She then disposed of 295, 162, and 420 shares of common stock at a price of $47.78 to satisfy tax withholding obligations.
• Following these transactions, Eden directly owns 21,921 shares of common stock and 4,723 restricted stock rights.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions, and does not contain information that would significantly impact sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders due to the change in the CFO's holdings.
• Employees who hold similar equity awards may be interested in the details of the vesting and tax withholding process.

Key Dates