Form 4 for PNW Pinnacle West Capital
Accepted 2025-02-24 00:00:00 ET · period of report 2025-02-20 · accession 0001628280-25-007409 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-24 | 2025-02-20 | PNW | Heflin Adam C | EVP, CNO, APS | F - Tax | $90.77 | -3,035 | 9,995 | -23% | -$275.5K |
| DM | 2025-02-24 | 2025-02-20 | PNW | Heflin Adam C | EVP, CNO, APS | D - Sale to Iss | $90.77 | -755 | 10.6K | -7% | -$68.5K |
| DM | 2025-02-24 | 2025-02-20 | PNW | Heflin Adam C | EVP, CNO, APS | M - OptEx | — | +7,837 | 10.7K | +278% | — |
| DM | 2025-02-24 | 2025-02-20 | PNW | Heflin Adam C | EVP, CNO, APS | M - OptEx | — | -7,837 | 4,415 | -64% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-20 | F | D | 1,371 | $90.77 | 8,437 | D | — | — | |
| 2 | Common | Common Stock | 2025-02-20 | D | D | 420 | $90.77 | 9,808 | D | — | — | |
| 3 | Common | Common Stock | 2025-02-20 | M | A | 3,622 | — | 10,228 | D | — | — | (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. |
| 4 | Common | Common Stock | 2025-02-20 | F | D | 495 | $90.77 | 6,606 | D | — | — | |
| 5 | Common | Common Stock | 2025-02-20 | D | D | 153 | $90.77 | 7,101 | D | — | — | |
| 6 | Common | Common Stock | 2025-02-20 | M | A | 1,306 | — | 7,254 | D | — | — | (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. |
| 7 | Common | Common Stock | 2025-02-20 | M | A | 1,437 | — | 9,874 | D | — | — | (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. |
| 8 | Common | Common Stock | 2025-02-20 | D | D | 121 | $90.77 | 9,753 | D | — | — | |
| 9 | Common | Common Stock | 2025-02-20 | F | D | 564 | $90.77 | 9,189 | D | — | — | |
| 10 | Common | Common Stock | 2025-02-20 | F | D | 605 | $90.77 | 9,995 | D | — | — | |
| 11 | Common | Common Stock | 2025-02-20 | D | D | 61 | $90.77 | 10,600 | D | — | — | |
| 12 | Common | Common Stock | 2025-02-20 | M | A | 1,472 | — | 10,661 | D | — | — | (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. |
| 13 | Derivative | Restricted Stock Units | 2025-02-20 | M | D | 1,306 | — | 1,301 | D | — · — to — | 1,306 Common Stock | (F4) The number of derivative securities in Column 5 includes 153 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. (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. (F6) Includes 148 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F5) The Restricted Stock Units award was granted and was effective in June 2022, and vests in four equal, annual installments beginning on February 20, 2023. |
| 14 | Derivative | Restricted Stock Units | 2025-02-20 | M | D | 3,622 | — | 3,620 | D | — · — to — | 3,622 Common Stock | (F7) The number of derivative securities in Column 5 includes 420 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. (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. (F8) Includes 418 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F5) The Restricted Stock Units award was granted and was effective in June 2022, and vests in four equal, annual installments beginning on February 20, 2023. |
| 15 | Derivative | Restricted Stock Units | 2025-02-20 | M | D | 1,437 | — | 2,873 | D | — · — to — | 1,437 Common Stock | (F9) The number of derivative securities in Column 5 includes 121 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. (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. (F11) Includes 241 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F10) 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. |
| 16 | Derivative | Restricted Stock Units | 2025-02-20 | M | D | 1,472 | — | 4,415 | D | — · — to — | 1,472 Common Stock | (F12) 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. (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. (F14) Includes 182 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F13) 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. |