{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-24-000087","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.196238+00:00","generated_at":"2026-05-31T09:57:19.536910+00:00","sec_items":["5.02","8.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"TXNM Energy names Brian Iverson as General Counsel to succeed retiring Patrick Apodaca","bullets":["Iverson to assume role as General Counsel, SVP Regulatory & Public Policy, and Corporate Secretary no later than Sept 16, 2024.","Apodaca's retirement effective on Iverson's start date; succession previously disclosed in March 2024.","Iverson brings 20 years at Black Hills Corp, most recently as SVP, General Counsel and Chief Compliance Officer.","Compensation: $450K base, 70% target cash bonus, 135% LTIP, $30K sign-on cash, $400K sign-on equity (half vests immediately).","Iverson also eligible for relocation lump sum equal to two months base salary under relocation program."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-24-000087","json":"https://secwatch.observer/filing/0001108426-24-000087.json","markdown":"https://secwatch.observer/filing/0001108426-24-000087.md","text":"https://secwatch.observer/filing/0001108426-24-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000087/0001108426-24-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000087/pnm-20240812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:57:19.536910+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":"3d7529d84e","claim":"Patrick Apodaca retired as Senior Vice President and General Counsel at TXNM ENERGY INC.","evidence_excerpt":"Having identified Mr. Iverson as Mr. Apodaca’s successor, Mr. Apodaca’s retirement will be effective as of the Start Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000087/0001108426-24-000087-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Senior Vice President and General Counsel"}],"fact_type":"executive_change"},{"claim_id":"ca0ff24eff","claim":"Brian G. Iverson was appointed as General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary at TXNM ENERGY INC.","evidence_excerpt":"On August 12, 2024, the Company appointed Brian G. Iverson to succeed Patrick Apodaca as its General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary, effective upon his commencement of employment with the Company, which is anticipated to be no later than September 16, 2024 (the “Start Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842624000087/0001108426-24-000087-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}