Form 4 for PNW Pinnacle West Capital
Accepted 2026-02-24 00:00:00 ET · period of report 2026-02-20 · accession 0001628280-26-011299 · 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 | 2026-02-24 | 2026-02-20 | PNW | Baum Shirley A | SVP, GC | F - Tax | $98.34 | -928 | 3,967 | -19% | -$91.3K |
| DM | 2026-02-24 | 2026-02-20 | PNW | Baum Shirley A | SVP, GC | M - OptEx | — | +2,258 | 4,836 | +88% | — |
| DM | 2026-02-24 | 2026-02-20 | PNW | Baum Shirley A | SVP, GC | D - Sale to Iss | $98.34 | -197 | 4,802 | -4% | -$19.4K |
| DM | 2026-02-24 | 2026-02-20 | PNW | Baum Shirley A | SVP, GC | M - OptEx | — | +2,258 | 430 | New | — |
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 Sock | 2026-02-20 | F | D | 66 | $98.34 | 3,382 | D | — | — | |
| 2 | Common | Common Sock | 2026-02-20 | M | A | 198 | — | 3,580 | 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. |
| 3 | Common | Common Sock | 2026-02-20 | D | D | 32 | $98.34 | 3,548 | D | — | — | |
| 4 | Common | Common Sock | 2026-02-20 | F | D | 80 | $98.34 | 3,468 | D | — | — | |
| 5 | Common | Common Sock | 2026-02-20 | M | A | 433 | — | 3,901 | 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. |
| 6 | Common | Common Sock | 2026-02-20 | D | D | 53 | $98.34 | 3,848 | D | — | — | |
| 7 | Common | Common Sock | 2026-02-20 | F | D | 183 | $98.34 | 3,665 | D | — | — | |
| 8 | Common | Common Sock | 2026-02-20 | D | D | 32 | $98.34 | 3,448 | D | — | — | |
| 9 | Common | Common Sock | 2026-02-20 | M | A | 169 | — | 3,480 | 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. |
| 10 | Common | Common Sock | 2026-02-20 | F | D | 358 | $98.34 | 4,444 | D | — | — | |
| 11 | Common | Common Sock | 2026-02-20 | M | A | 589 | — | 4,254 | 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. |
| 12 | Common | Common Sock | 2026-02-20 | M | A | 869 | — | 4,836 | 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 | Common | Common Sock | 2026-02-20 | F | D | 241 | $98.34 | 3,967 | D | — | — | |
| 14 | Common | Common Sock | 2026-02-20 | D | D | 46 | $98.34 | 4,208 | D | — | — | |
| 15 | Common | Common Sock | 2026-02-20 | D | D | 34 | $98.34 | 4,802 | D | — | — | |
| 16 | Derivative | Restricted Stock Unit | 2026-02-20 | M | A | 169 | — | 0 | D | — · — to — | 169 Common Stock | (F4) The number of derivative securities in Column 5 includes 32 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. (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. |
| 17 | Derivative | Restricted Stock Unit | 2026-02-20 | M | A | 198 | — | 0 | D | — · — to — | 198 Common Stock | (F4) The number of derivative securities in Column 5 includes 32 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) The Restricted Stock Units award was granted and was effective in Mach 2022, and vests in four equal, annual installments beginning on February 20, 2023. |
| 18 | Derivative | Restricted Stock Unit | 2026-02-20 | M | A | 869 | — | 2,605 | D | — · — to — | 869 Common Stock | (F13) The number of derivative securities in Column 5 includes 34 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. (F15) Includes 100 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F14) 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. |
| 19 | Derivative | Restricted Stock Unit | 2026-02-20 | M | A | 589 | — | 1,177 | D | — · — to — | 589 Common Stock | (F10) 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. (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. (F12) Includes 91 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F11) 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. |
| 20 | Derivative | Restricted Stock Unit | 2026-02-20 | M | A | 433 | — | 430 | D | — · — to — | 433 Common Stock | (F7) The number of derivative securities in Column 5 includes 53 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. (F9) Includes 50 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. (F8) 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. |