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Home / Companies / TXNM Energy, Inc. / 4 Jun 2024

Meeting · year to 30 June 2024450 filers reporting

TXNM Energy, Inc.: meeting of 4 Jun 2024

Votes reported on Form N-PX, item by item

450 Form N-PX filers reported votes at the TXNM Energy, Inc. meeting of 4 Jun 2024. Their records fall into 8 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

1

DIRECTOR ELECTIONSIssuer

Director elections

10 nominees; 97.9% of reported votes for; 18 filers withheld from or voted against at least one nominee.

3,201 vote records from 154 filers. 1 of the 153 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

98.1% for0.0% against1.9% other0.7% against management154 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

658 vote records from 433 filers. 105 of the 420 filers that marked the item either way voted against management. 13 filers reported this item without a management mark.

72.5% for24.0% against3.5% other25.0% against management433 filers87.7% for12.3% against0.0% other12.3% against management88,433,765 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

320 vote records from 153 filers. 2 of the 152 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

98.0% for0.7% against1.3% other1.3% against management153 filers100.0% for0.0% against0.0% other0.0% against management39,714,574 reported shares
4

INVESTMENT COMPANY MATTERSIssuer

INVESTMENT COMPANY MATTERS: management items

Management items in this category are shown together; filers word and number them differently.

10 vote records from 10 filers. 0 of the 10 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management10 filers100.0% for0.0% against0.0% against management663,523 reported shares, counted once per item in this group
5

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

310 vote records from 143 filers. 5 of the 142 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

95.8% for3.5% against0.7% other3.5% against management143 filers99.6% for0.4% against0.4% against management39,051,051 reported shares, counted once per item in this group
6

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

18 vote records from 16 filers. 1 of the 16 filers that marked the item either way voted against management.

81.3% for12.5% against6.3% other6.3% against management16 filers92.1% for7.9% against0.4% against management862,677 reported shares, counted once per item in this group
7

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

320 vote records from 153 filers. 1 of the 152 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

98.7% for0.0% against1.3% other0.7% against management153 filers100.0% for0.0% against0.0% other0.0% against management39,705,788 reported shares, counted once per item in this group
8

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

4 vote records from 1 filers. 0 of the 1 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management1 filers100.0% for0.0% against0.0% against management1,896 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor
VanguardForForFor
BlackRock and iSharesForForFor
FidelityForForFor
DimensionalForAgainst *For
State Street and SPDRForForFor
American CenturyForAgainst *For
Franklin TempletonForForFor
InvescoForForFor
EquitableForForFor
Charles SchwabForForFor
Nuveen and TIAAForForFor
ProShares and ProFundsForForFor
John Hancock and ManulifeForForFor
Morgan Stanley, Eaton Vance and CalvertForForFor
J.P. MorganForForFor
Goldman SachsForForFor
WisdomTreeForForFor
PGIM and PrudentialForAgainst *For
Jackson National fundsForForFor
Northern Trust and FlexSharesForForFor
SEIForAgainst *For
T. Rowe PriceForForFor
ThriventForForFor
Lincoln FinancialForForFor
VoyaForForFor
First TrustForForFor
Russell InvestmentsForAgainst *For
NationwideForForFor
Victory CapitalForForFor
Brighthouse FundsForForFor
Guggenheim and RydexForForFor
Columbia ThreadneedleForForFor
BNY MellonForForFor
PrincipalForForFor
Pacific Life fundsForForFor
Global XForAgainst *For
TransamericaForForFor
Federated HermesNo reportAgainst *No report
AllianceBernsteinNo reportForNo report
DWSForForFor
PIMCOForForAgainst *
MassMutualForForFor
Macquarie and Delaware FundsNo reportForNo report
Janus HendersonNo reportForNo report
Neuberger BermanForForFor
American BeaconForForFor
Natixis and Loomis SaylesNo reportAgainst *No report
Cohen & SteersNo reportForNo report
BairdNo reportForNo report

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the TXNM Energy, Inc. meeting?

450 Form N-PX filers reported votes at the meeting of 4 Jun 2024. On say-on-pay, 105 of 420 voted against management (25.0%). The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by TXNM Energy, Inc. on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for TXNM Energy, Inc.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing TXNM Energy, Inc. with a meeting date within three days of 4 Jun 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.