Robert Edgar Smith - 20 Feb 2025 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Feb 2025, 16:55:49 UTC
Prior SEC filing
20 Feb 2025
Next SEC filing
12 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Diane Wood, Attorney-in-Fact

Key filing fact

Robert Edgar Smith filed Form 4 for PINNACLE WEST CAPITAL CORP (PNW) on 24 Feb 2025.

Key facts

  • This page summarizes Robert Edgar Smith's Form 4 filing for PINNACLE WEST CAPITAL CORP (PNW).
  • 19 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 24 Feb 2025, 16:55.

Change

  • Previous filing in this sequence was filed on 20 Feb 2025.
  • Current net transaction value: -$218,393.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+477
Change %
+6%
Price
Shares after
8,427
Date
20 Feb 2025
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$43,297
Shares
-477
Change %
-5.7%
Price
$90.77
Shares after
7,950
Date
20 Feb 2025
Ownership
Direct
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+477
Change %
+6%
Price
Shares after
8,427
Date
20 Feb 2025
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Tax liability

Transaction value
$20,242
Shares
-223
Change %
-2.6%
Price
$90.77
Shares after
8,204
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,027
Change %
+13%
Price
Shares after
9,231
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$11,619
Shares
-128
Change %
-1.4%
Price
$90.77
Shares after
9,103
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$33,766
Shares
-372
Change %
-4.1%
Price
$90.77
Shares after
8,731
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,135
Change %
+13%
Price
Shares after
9,866
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$8,895
Shares
-98
Change %
-0.99%
Price
$90.77
Shares after
9,768
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$38,940
Shares
-429
Change %
-4.4%
Price
$90.77
Shares after
9,339
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,472
Change %
+16%
Price
Shares after
10,811
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$5,537
Shares
-61
Change %
-0.56%
Price
$90.77
Shares after
10,750
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$53,010
Shares
-584
Change %
-5.4%
Price
$90.77
Shares after
10,166
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Award

Transaction value
Shares
+80
Change %
+0.79%
Price
Shares after
10,246
Date
20 Feb 2025
Ownership
Direct
Footnotes
F5
PNW transaction

Common Stock

Tax liability

Transaction value
$3,086
Shares
-34
Change %
-0.33%
Price
$90.77
Shares after
10,212
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-954
Change %
-100%
Price
Shares after
0
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
954
Exercise price
Footnotes
F1, F6
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,027
Change %
-50%
Price
Shares after
1,031
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,027
Exercise price
Footnotes
F3, F7, F8, F9
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,135
Change %
-33%
Price
Shares after
2,262
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,135
Exercise price
Footnotes
F3, F10, F11, F12
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,472
Change %
-25%
Price
Shares after
4,415
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,472
Exercise price
Footnotes
F3, F13, F14, F15
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 15 footnotes

Footnote F1

Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock. The Restricted Stock Units will be settled, at the reporting person's election, in 100% shares of common stock, 50% in common stock and 50% in cash, or 100% in cash.

Footnote F2

Shares retained by the Company for purpose of meeting tax withholding requirements. The recipient retained all other shares.

Footnote F3

Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock. The Restricted Stock Units will be settled in 100% shares of common stock.

Footnote F4

Represents the cash settlement of Restricted Stock Units received in connection with the settlement of dividend equivalent rights

Footnote F5

Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2021 Restricted Stock Unit grant.

Footnote F6

The Restricted Stock Units award was granted and was effective in February 2021, and vests and be settled in four equal, annual installments beginning on February 20, 2022.

Footnote F7

The number of derivative securities in Column 5 includes 128 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.

Footnote F8

The Restricted Stock Units award was granted and was effective in February 2022, and vests in four equal, annual installments beginning on February 20, 2023.

Footnote F9

Includes 132 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F10

The number of derivative securities in Column 5 includes 98 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.

Footnote F11

The Restricted Stock Units award was granted and was effective in February 2023, and vests in four equal, annual installments beginning on February 20, 2024.

Footnote F12

Includes 188 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F13

The number of derivative securities in Column 5 includes 61 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.

Footnote F14

The Restricted Stock Units award was granted and was effective in February 2024, and vests in four equal, annual installments beginning on February 20, 2025.

Footnote F15

Includes 182 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

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