PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

Polar Asset Management Partners Inc.'s Holding History (CIK: 0001326389)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 134,355 Value ($000) $7,911 Avg Close $57.71 Range $56.50 - $59.12

Q3 2025

Shares 35,000 Value ($000) $1,979 Avg Close $56.75 Range $56.17 - $57.42

Q2 2025

Shares 185,000 Value ($000) $10,419 Avg Close $54.45 Range $47.69 - $57.29

Q4 2023

Shares 15,000 Value ($000) $624 Avg Close $42.83 Range $41.44 - $44.87

Q3 2023

Shares 15,000 Value ($000) $669 Avg Close $44.66 Range $42.75 - $45.94

Q2 2023

Shares 32,500 Value ($000) $1,466 Avg Close $47.06 Range $44.35 - $49.08

Q4 2020

Shares 12,245 Value ($000) $594 Avg Close $48.23 Range $40.32 - $50.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	134,355	$7,911	$57.71	$56.50 - $59.12
Q3 2025	35,000	$1,979	$56.75	$56.17 - $57.42
Q2 2025	185,000	$10,419	$54.45	$47.69 - $57.29
Q4 2023	15,000	$624	$42.83	$41.44 - $44.87
Q3 2023	15,000	$669	$44.66	$42.75 - $45.94
Q2 2023	32,500	$1,466	$47.06	$44.35 - $49.08
Q4 2020	12,245	$594	$48.23	$40.32 - $50.25