{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-26-000012","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2026-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.548572+00:00","generated_at":"2026-05-15T21:59:46.619071+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 2026 executive incentive plans with bonus and LTIP ranges","bullets":["2026 Annual Incentive Plan: cash bonuses based on Incentive EPS threshold; CEO/Exec Chair bonus range 57.5%-230% of salary.","2026 LTIP: 70% performance shares (Earnings Growth + FFO/Debt goals) and 30% time-vested RSRs; CEO performance share range 122.5%-490% of salary.","Other NEOs: GC, SVP Regulatory & Public Policy, CFO bonus ranges 35%-140%; LTIP performance share ranges 47.25%-189% (GC), 42%-168% (CFO).","Time-vested RSR vesting: 33% on Mar 7, 2027; 34% Mar 7, 2028; 33% Mar 7, 2029.","Incentive EPS threshold must be met for any annual bonus; awards paid by Mar 15, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-26-000012","json":"https://secwatch.observer/filing/0001108426-26-000012.json","markdown":"https://secwatch.observer/filing/0001108426-26-000012.md","text":"https://secwatch.observer/filing/0001108426-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842626000012/0001108426-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842626000012/pnm-20260303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T21:59:46.619071+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"}