Jeffrey B. Guldner - 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, 16:59:05 UTC
Prior SEC filing
24 Oct 2024
Next SEC filing
20 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Diane Wood, Attorney-in-Fact

Key filing fact

Jeffrey B. Guldner filed Form 4 for PINNACLE WEST CAPITAL CORP (PNW) on 24 Feb 2025.

Key facts

  • This page summarizes Jeffrey B. Guldner's Form 4 filing for PINNACLE WEST CAPITAL CORP (PNW).
  • 17 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 24 Feb 2025, 16:59.

Change

  • Previous filing in this sequence was filed on 24 Oct 2024.
  • Current net transaction value: -$912,602.

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
+3,838
Change %
+4.9%
Price
Shares after
82,238
Date
20 Feb 2025
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Tax liability

Transaction value
$141,147
Shares
-1,555
Change %
-1.9%
Price
$90.77
Shares after
80,683
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,401
Change %
+6.7%
Price
Shares after
86,084
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$61,905
Shares
-682
Change %
-0.79%
Price
$90.77
Shares after
85,402
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$173,552
Shares
-1,912
Change %
-2.2%
Price
$90.77
Shares after
83,490
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,396
Change %
+6.5%
Price
Shares after
88,886
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$41,210
Shares
-454
Change %
-0.51%
Price
$90.77
Shares after
88,432
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$192,251
Shares
-2,118
Change %
-2.4%
Price
$90.77
Shares after
86,314
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+6,760
Change %
+7.8%
Price
Shares after
93,074
Date
20 Feb 2025
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$25,416
Shares
-280
Change %
-0.3%
Price
$90.77
Shares after
92,794
Date
20 Feb 2025
Ownership
Direct
Footnotes
F4
PNW transaction

Common Stock

Tax liability

Transaction value
$252,068
Shares
-2,777
Change %
-3%
Price
$90.77
Shares after
90,017
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Award

Transaction value
Shares
+642
Change %
+0.71%
Price
Shares after
90,659
Date
20 Feb 2025
Ownership
Direct
Footnotes
F5
PNW transaction

Common Stock

Tax liability

Transaction value
$25,053
Shares
-276
Change %
-0.3%
Price
$90.77
Shares after
90,383
Date
20 Feb 2025
Ownership
Direct
Footnotes
F2
PNW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
132
Date
20 Feb 2025
Ownership
by 401(k)

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
-3,838
Change %
-100%
Price
Shares after
0
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,838
Exercise price
Footnotes
F1, F6
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-5,401
Change %
-50%
Price
Shares after
5,399
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,401
Exercise price
Footnotes
F3, F7, F8, F9
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-5,396
Change %
-33%
Price
Shares after
10,789
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,396
Exercise price
Footnotes
F3, F10, F11, F12
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-6,760
Change %
-25%
Price
Shares after
20,279
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,760
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 682 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 680 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F10

The number of derivative securities in Column 5 includes 454 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 905 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F13

The number of derivative securities in Column 5 includes 280 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 839 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

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