Robert Edgar Smith - 18 Mar 2025 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP, CLO, and CDO
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
18 Mar 2025
Net transactions value
-$815,114
Form type
4
Filing time
20 Mar 2025, 14:41:26 UTC
Previous filing
12 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +17,898 +195% $0.000000 27,057 18 Mar 2025 Direct F1
transaction PNW Common Stock Disposed to Issuer $211,132 -2,261 -8.4% $93.38 24,796 18 Mar 2025 Direct F2
transaction PNW Common Stock Tax liability $603,982 -6,468 -26% $93.38 18,328 18 Mar 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon the vesting of the performance shares granted in 2022 that were tied to the following: total shareholder return performance; earnings per share growth; clean megawatts installed metrics; and performance shares received in connection with dividend equivalent rights.
F2 Represents the cash settlement of performance shares received in connection with the settlement of dividend equivalent rights.
F3 Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.