Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company. | Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company. | Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company. | Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
Post-Transaction Holdings
Butler Ronald Jr
Security
Shares
Change
Stock Units
1.67K
+1.67K
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-14
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: PINNACLE WEST CAPITAL CORP (PNW)
CIK: 0000764622
--- Reporting Owner ---
Name: Butler Ronald Jr
CIK: 0002010249
Role: Director
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Units
Date: 2026-05-14 | Code: A (Grant or award)
Shares: +1,665
Shares Owned After: 1,665 | Ownership: D (Direct)
Footnotes:
[F1] Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
[F1] Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
[F1] Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
[F1] Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
--- Footnotes (Complete Index) ---
F1: Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 14, 2026 and will be settled in shares of common stock. The reporting person elected to defer settlement until the second anniversary in which the reporting person separates from service from the Company.
--- Signature ---
/s/ /s/ Melissa Sallee, Attorney-in-Fact (2026-05-18)
