Form 4: Pinnacle West Capital Corp Director Bruce J. Nordstrom Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Bruce J. Nordstrom acquired 1,908 shares of Pinnacle West Capital Corp common stock at $77.77 per share on May 22, 2024.
Summary
- On May 22, 2024, Bruce J. Nordstrom, a director of Pinnacle West Capital Corp, acquired 1,908 shares of common stock.
- The purchase price was $77.77 per share.
- Following the transaction, Nordstrom directly owns 38,494 shares of Pinnacle West Capital Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction by a company director, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Bruce J. Nordstrom acquired 1,908 shares of common stock. |
| 05/23/2024 | Date of report signature. |
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