Welcome to our dedicated page for Pinnacl West Cap SEC filings (Ticker: PNW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Pinnacle West Capital Corporation (NYSE: PNW) files detailed reports with the U.S. Securities and Exchange Commission that describe its operations as an energy holding company and the activities of its principal subsidiary, Arizona Public Service Company (APS). On this SEC filings page, Stock Titan connects you to Pinnacle West’s regulatory disclosures and layers AI-powered summaries on top of the raw documents to make them easier to understand.
For Pinnacle West, core filings such as the annual report on Form 10-K and quarterly reports on Form 10-Q provide information on its regulated electric utility business, consolidated assets, generating capacity, risk factors and regulatory environment. Current reports on Form 8-K, several of which are excerpted in the data above, are used to furnish earnings press releases, investor presentation slides, material financing agreements and other significant events, including note offerings and amendments to forward sale agreements.
Investors can also use SEC filings to track Pinnacle West’s capital structure, such as the issuance of notes under supplemental indentures, and the registration of its common stock on the New York Stock Exchange under the symbol PNW. These documents outline how the company funds its infrastructure investments in generation, transmission and distribution, and how it communicates financial guidance and outlook changes.
Stock Titan’s interface is designed to surface key points from long filings, highlighting sections that discuss APS’s resource mix, clean energy and carbon-neutral goals, regulatory proceedings, and risk disclosures related to nuclear operations, fuel and water supply, weather and climate, and Arizona’s economic conditions. Users can quickly locate earnings-related 8-Ks, periodic reports and exhibits, while AI-generated explanations help clarify technical language and cross-references within the filings.
In addition, this page provides access to any future Forms 4 and proxy-related materials that may be filed, allowing users to review insider transactions and governance information in the same streamlined environment. Together, these tools help readers interpret Pinnacle West’s SEC record without having to parse every page manually.
Pinnacle West Capital Corporation and its utility subsidiary Arizona Public Service Company (APS) have strengthened their liquidity by replacing and expanding their revolving credit facilities and extending their maturities to February 18, 2031.
Pinnacle West entered into a third amended and restated unsecured revolving credit facility of up to $300 million, replacing a prior $200 million facility that would have expired in 2028. APS entered into an amended and restated unsecured revolving credit facility of up to $1.7 billion, up from $1.25 billion. Both facilities support general corporate purposes, including backing commercial paper and issuing letters of credit, and carry interest rates tied to each borrower’s senior unsecured debt ratings. The agreements include customary covenants on leverage, liens, ownership, and change of control, with standard default remedies.
The filing also details 2026 annual incentive plans for key executives, with target awards ranging from 70% to 125% of base salary and maximum opportunities up to 250%, all tied to APS earnings and business unit performance metrics such as safety, customer experience, financial health, reliability, and nuclear operations, and subject to clawback.
Tetlow Jacob reported acquisition or exercise transactions in this Form 4 filing.
Pinnacle West Capital executive Jacob Tetlow received an equity award in the form of 5,464 Restricted Stock Units on February 17, 2026. Each unit represents the economic equivalent of one share of common stock and will be settled in stock when it vests.
The award vests in four equal annual installments beginning on February 20, 2027, providing long-term incentive compensation. From the grant date until vesting, Tetlow will also receive dividend equivalents as additional Restricted Stock Units, which, once vested, will be paid in cash.
Heflin Adam C reported acquisition or exercise transactions in this Form 4 filing.
Pinnacle West Capital reported that EVP & Chief Nuclear Officer of APS, Adam C. Heflin, received a grant of 4,552 Restricted Stock Units on February 17, 2026. Each unit represents the right to receive the economic equivalent of one share of common stock, to be settled in stock when vested.
The award vests in four equal annual installments beginning on February 20, 2027. The grant also includes related dividend equivalent rights, which accrue additional units during the vesting period and are paid in cash when those dividend-related units vest.
Pinnacle West Capital Chairman, CEO and President Theodore N. Geisler reported an equity compensation award. On February 17, 2026, he acquired 18,204 Restricted Stock Units (RSUs), each representing the economic equivalent of one share of common stock and to be settled in common stock.
The award vests in four equal annual installments beginning on February 20, 2027. From the grant date until vesting, he will also be credited with additional RSUs as dividend equivalents whenever the company pays cash dividends. RSUs earned as dividend equivalents will be paid in cash when they vest.
Blankenship Elizabeth A reported acquisition or exercise transactions in this Form 4 filing.
Pinnacle West Capital reported that VP, Controller and CAO Elizabeth A. Blankenship received a grant of 1,772 Restricted Stock Units on February 17, 2026. Each unit represents the economic equivalent of one share of common stock and will be settled in common stock when vested.
The award, effective in February 2026, vests in four equal annual installments beginning on February 20, 2027. From grant date until vesting, cash dividends declared on the stock will generate additional Restricted Stock Units as dividend equivalents, which will be paid in cash when those related units vest.
Pinnacle West Capital reported that VP and Treasurer Christopher R. Bauer acquired 1,140 Restricted Stock Units as an equity award. Each unit represents the economic equivalent of one share of common stock and will be settled in common shares when vested.
The award, granted in February 2026, vests in four equal annual installments beginning on February 20, 2027. From the grant date to vesting, Bauer will also receive additional units as dividend equivalents when cash dividends are declared, with vested dividend-equivalent units paid in cash.
Esparza Jose Luis Jr reported acquisition or exercise transactions in this Form 4 filing.
PINNACLE WEST CAPITAL CORP reported that Jose Luis Esparza Jr., SVP Public Policy at APS, received a grant of 1,824 Restricted Stock Units on February 17, 2026. These units give him the right to receive the economic equivalent of one share of common stock for each unit.
The award, granted and effective in February 2026, will vest in four equal annual installments beginning on February 20, 2027. The units will be settled in common stock, and from the grant date to vesting, additional units will accrue as dividend equivalents, which will be paid in cash once vested.
Cooper Andrew D reported acquisition or exercise transactions in this Form 4 filing.
Pinnacle West Capital reported that its SVP & CFO, Andrew D. Cooper, received a grant of 8,092 Restricted Stock Units on February 17, 2026. Each unit represents the economic equivalent of one share of common stock and will ultimately be settled in common stock.
The award vests in four equal annual installments beginning on February 20, 2027, aligning Cooper’s compensation with long-term company performance. From grant until vesting, he will earn additional units through dividend equivalents, which will be paid in cash when those dividend-equivalent units vest.
Baum Shirley A reported acquisition or exercise transactions in this Form 4 filing.
Pinnacle West Capital granted Senior Vice President and General Counsel Shirley A. Baum 3,440 Restricted Stock Units (RSUs) on February 17, 2026. Each RSU represents the economic equivalent of one share of common stock and will ultimately be settled in common stock.
The award vests in four equal annual installments beginning on February 20, 2027. From the grant date until vesting, Baum will also receive dividend equivalent credits in the form of additional RSUs when the company pays cash dividends, with vested dividend-equivalent RSUs paid in cash.
Capital Research Global Investors filed an amended Schedule 13G reporting a passive ownership stake in Pinnacle West Capital Corp. common stock. The firm is deemed to beneficially own 13,466,845 shares, representing 11.3% of the outstanding common stock.
The filing notes that this percentage is based on 119,690,399 Pinnacle West shares believed to be outstanding. Capital Research Global Investors reports sole voting and sole dispositive power over all 13,466,845 shares and no shared voting or dispositive power.
The securities are stated to have been acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Pinnacle West, consistent with a passive institutional investment under Schedule 13G.