Jose Luis Esparza Jr. - 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, 19:55:54 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

Jose Luis Esparza Jr. filed Form 4 for PINNACLE WEST CAPITAL CORP (PNW) on 24 Feb 2026.

Key facts

  • This page summarizes Jose Luis Esparza Jr.'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, 19:55.

Change

  • Previous filing in this sequence was filed on 19 Feb 2026.
  • Current net transaction value: -$94,210.

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 0001781598 Primary reporting owner

Esparza Jose Luis Jr

Relationship
SVP Public Policy APS
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
+491
Change %
+13%
Price
Shares after
4,331
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$8,457
Shares
-86
Change %
-2%
Price
$98.34
Shares after
4,245
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$19,275
Shares
-196
Change %
-4.6%
Price
$98.34
Shares after
4,049
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+379
Change %
+9.4%
Price
Shares after
4,428
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$4,032
Shares
-41
Change %
-0.93%
Price
$98.34
Shares after
4,387
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$16,029
Shares
-163
Change %
-3.7%
Price
$98.34
Shares after
4,224
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+473
Change %
+11%
Price
Shares after
4,697
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$3,737
Shares
-38
Change %
-0.81%
Price
$98.34
Shares after
4,659
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$19,570
Shares
-199
Change %
-4.3%
Price
$98.34
Shares after
4,460
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3
PNW transaction

Common Stock

Options Exercise

Transaction value
Shares
+521
Change %
+12%
Price
Shares after
4,981
Date
20 Feb 2026
Ownership
Direct
Footnotes
F1
PNW transaction

Common Stock

Disposed to Issuer

Transaction value
$1,967
Shares
-20
Change %
-0.4%
Price
$98.34
Shares after
4,961
Date
20 Feb 2026
Ownership
Direct
Footnotes
F2
PNW transaction

Common Stock

Tax liability

Transaction value
$21,143
Shares
-215
Change %
-4.3%
Price
$98.34
Shares after
4,746
Date
20 Feb 2026
Ownership
Direct
Footnotes
F3

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
+491
Change %
Price
Shares after
0
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
491
Exercise price
Footnotes
F1, F4, F5
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
+379
Change %
+4738%
Price
Shares after
387
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
379
Exercise price
Footnotes
F1, F6, F7, F8
PNW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
+473
Change %
+101%
Price
Shares after
943
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
473
Exercise price
Footnotes
F1, F9, F10, F11
PNW transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+521
Change %
+50%
Price
Shares after
1,563
Date
20 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
521
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 86 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 January 2022, and vests in four equal, annual installments beginning on February 20, 2023.

Footnote F6

The number of derivative securities in Column 5 includes 41 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 49 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F9

The number of derivative securities in Column 5 includes 38 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 73 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

Footnote F12

The number of derivative securities in Column 5 includes 20 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 60 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.

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