Barrow Hanley holds 7.00M PNW shares (5.78%) — institutional stake (PNW)

Rhea-AI Filing Summary

Pinnacle West Capital Corp reports that Barrow Hanley Global Investors beneficially owned 7,000,617 shares of common stock, equal to 5.78% of the class as of 03/31/2026. The filing lists 4,511,182 shares with sole voting power and 2,489,435 shares with shared voting power.

Insights

Shareholder Governance Analyst

Large passive stake disclosed by an institutional investor; governance influence possible.

Barrow Hanley Global Investors reports beneficial ownership of 7,000,617 shares (5.78%) as of 03/31/2026. The filing shows both sole and shared voting power, indicating the adviser can vote a meaningful block of shares.

Dependent on voting cohesion and engagement policy, this stake could influence corporate votes; subsequent disclosures or proxy materials will show any active governance steps.

Key Figures

Beneficial ownership: 7,000,617 shares Percent of class: 5.78% Sole voting power: 4,511,182 shares +3 more

6 metrics

Beneficial ownership 7,000,617 shares as of <date>03/31/2026</date>

Percent of class 5.78% Percent of common stock reported

Sole voting power 4,511,182 shares sole power to vote or direct the vote

Shared voting power 2,489,435 shares shared power to vote or direct the vote

Sole dispositive power 7,000,617 shares sole power to dispose or direct disposition

Filing signature date 05/13/2026 signature date on the Schedule 13G

Key Terms

Beneficially owned, Sole voting power, Sole dispositive power

3 terms

Beneficially owned financial

"Amount beneficially owned: 7,000,617"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole voting power regulatory

"Sole power to vote or to direct the vote: 4,511,182"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole dispositive power financial

"Sole power to dispose or to direct the disposition of: 7,000,617"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Pinnacle West Capital Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

723484101

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 723484101

1

Names of Reporting Persons

BARROW HANLEY MEWHINNEY & STRAUSS LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,511,182.00
6	Shared Voting Power 2,489,435.00
7	Sole Dispositive Power 7,000,617.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,000,617.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.78 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Pinnacle West Capital Corp
(b)	Address of issuer's principal executive offices: 400 North Fifth Street, PO Box 53999, Phoenix, Arizona, 85004
Item 2.
(a)	Name of person filing: Barrow Hanley Global Investors
(b)	Address or principal business office or, if none, residence: 2200 Ross Avenue, 31st Floor Dallas, TX 75201
(c)	Citizenship: Delaware LLC
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 723484101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 7,000,617
(b)	Percent of class: 5.78%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,511,182
	(ii) Shared power to vote or to direct the vote: 2,489,435
	(iii) Sole power to dispose or to direct the disposition of: 7,000,617
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BARROW HANLEY MEWHINNEY & STRAUSS LLC

Signature:	Hannah Ackels
Name/Title:	Hannah Ackels, CCO
Date:	05/13/2026

FAQ

What stake does Barrow Hanley report in Pinnacle West (PNW)?

Barrow Hanley reports 7,000,617 shares, equal to 5.78% of the common stock as of 03/31/2026. The Schedule 13G shows voting breakdowns with 4,511,182 sole votes and 2,489,435 shared votes.

Does the Schedule 13G show voting power for PNW?

Yes. The filing lists 4,511,182 shares with sole voting power and 2,489,435 shares with shared voting power as of 03/31/2026. These figures are provided directly in the ownership section.

When was the ownership percentage reported for PNW?

The ownership percentage of 5.78% is reported with an 03/31/2026 reference. The Schedule 13G identifies that date as the relevant time anchor for the beneficial ownership amount.

Who signed the Schedule 13G for Barrow Hanley on behalf of the filer?

The filing is signed by Hannah Ackels, CCO, with a signature date of 05/13/2026. The signature block appears at the end of the provided excerpt.