{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-25-000010","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.948697+00:00","generated_at":"2026-05-26T01:01:11.185559+00:00","sec_items":["5.02"],"event_type":"other","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"TXNM Energy approves 2025 executive comp plans, changes LTIP grant timing","bullets":["CEO annual bonus opportunity: 57.5%-230% of base salary; COO: 45%-180%.","2025 LTIP: 70% performance shares (earnings, TSR, FFO/Debt ratio goals) and 30% time-vested RSRs.","Time-vested RSRs granted Feb 26, 2025, vest over 3 years in 33%/34%/33% tranches; past practice differed.","Amended 2023 and 2024 LTIPs to exclude extraordinary events from FFO/Debt Ratio Goal calculation.","No 2022 LTIP time-vested RSR component granted due to timing change."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-25-000010","json":"https://secwatch.observer/filing/0001108426-25-000010.json","markdown":"https://secwatch.observer/filing/0001108426-25-000010.md","text":"https://secwatch.observer/filing/0001108426-25-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000010/0001108426-25-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842625000010/pnm-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:01:11.185559+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}