{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-23-000059","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2023-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.246570+00:00","generated_at":"2026-06-07T16:48:11.452589+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PNM Resources appoints new controller; retention bonuses for CEO, President, and GC tied to Avangrid merger","bullets":["Henry Monroy stepped down as VP and Corporate Controller (principal accounting officer), stays as VP of regulatory at utility subsidiary; no disagreement.","Gerald Bischoff appointed VP and Controller (principal accounting officer); joined PNM in 2005, most recently Director of SEC Reporting.","CEO Collawn gets $375K cash plus 26,766 RSUs; GC Apodaca gets $125K plus 8,922 RSUs; President Tarry gets $1M cash with staggered vesting.","Retention bonuses vest at earliest of 24 months, Avangrid merger close, or 6 months after deal abandonment; to retain executives during pending transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-23-000059","json":"https://secwatch.observer/filing/0001108426-23-000059.json","markdown":"https://secwatch.observer/filing/0001108426-23-000059.md","text":"https://secwatch.observer/filing/0001108426-23-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000059/0001108426-23-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000059/pnm-20231206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:48:11.452589+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12588ed0e1","claim":"Henry E. Monroy departed as Vice President and Corporate Controller at TXNM ENERGY INC.","evidence_excerpt":"On December 5, 2023, Henry E. Monroy, Vice President and Corporate Controller of PNM Resources, Inc. (the “Company”) stepped down from his role as the Company’s Vice President and Corporate Controller, which includes serving as the Company’s principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000059/0001108426-23-000059-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Vice President and Corporate Controller"}],"fact_type":"executive_change"},{"claim_id":"ed1fa3cb18","claim":"Gerald Robert Bischoff was appointed as Vice President and Controller at TXNM ENERGY INC.","evidence_excerpt":"On December 5, 2023, the Company appointed Gerald Robert Bischoff to succeed Mr. Monroy as its Vice President and Controller, which includes serving as the Company’s principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000059/0001108426-23-000059-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice President and Controller"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}