Elizabeth A. Blankenship - 20 Feb 2026 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 2026, 18:10:45 UTC
Prior SEC filing
19 Feb 2026
Next SEC filing
20 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Melissa Sallee, Attorney-in-Fact

Key filing fact

Elizabeth A. Blankenship filed Form 4 for PINNACLE WEST CAPITAL CORP (PNW) on 24 Feb 2026.

Key facts

  • This page summarizes Elizabeth A. Blankenship's Form 4 filing for PINNACLE WEST CAPITAL CORP (PNW).
  • 16 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 24 Feb 2026, 18:10.

Change

  • Previous filing in this sequence was filed on 19 Feb 2026.
  • Current net transaction value: -$72,378.

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

Reporting Owners (1)

CIK 0001780676 Primary reporting owner

Blankenship Elizabeth A

Relationship
VP, Controller and CAO
Address
400 N. 5TH STREET, PHOENIX
Signature
/s/ Melissa Sallee, Attorney-in-Fact
Signature date
24 Feb 2026

Reported non-derivative transactions

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

PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+490
Change %
+5.7%
Price
Shares after
9,111
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$7,966
Shares
-81
Change %
-0.89%
Price
$98.34
Shares after
9,030
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$12,981
Shares
-132
Change %
-1.5%
Price
$98.34
Shares after
8,898
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+476
Change %
+5.3%
Price
Shares after
9,374
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$5,310
Shares
-54
Change %
-0.58%
Price
$98.34
Shares after
9,320
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$13,374
Shares
-136
Change %
-1.5%
Price
$98.34
Shares after
9,184
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+589
Change %
+6.4%
Price
Shares after
9,773
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$4,524
Shares
-46
Change %
-0.47%
Price
$98.34
Shares after
9,727
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$15,538
Shares
-158
Change %
-1.6%
Price
$98.34
Shares after
9,569
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+434
Change %
+4.5%
Price
Shares after
10,003
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$1,573
Shares
-16
Change %
-0.16%
Price
$98.34
Shares after
9,987
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$11,112
Shares
-113
Change %
-1.1%
Price
$98.34
Shares after
9,874
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
54
Date
20 Feb 2026
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
+490
Change %
Price
Shares after
0
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
490
Exercise price
Footnotes
F1, F4, F5
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
+476
Change %
+7933%
Price
Shares after
482
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
476
Exercise price
Footnotes
F1, F6, F7, F8
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
+589
Change %
+100%
Price
Shares after
1,177
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
589
Exercise price
Footnotes
F1, F9, F10, F11
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
+434
Change %
+50%
Price
Shares after
1,305
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
434
Exercise price
Footnotes
F1, F12, F13, F14
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 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 in 100% shares of common stock.

Footnote F2

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

Footnote F3

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

Footnote F4

The number of derivative securities in Column 5 includes 81 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 F5

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 F6

The number of derivative securities in Column 5 includes 54 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 F7

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 F8

Includes 60 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F9

The number of derivative securities in Column 5 includes 46 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 F10

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 F11

Includes 91 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F12

The number of derivative securities in Column 5 includes 16 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 F13

The Restricted Stock Units award was granted and was effective in February 2025, and vests in four equal, annual installments beginning on February 20, 2026.

Footnote F14

Includes 51 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

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