Form 4: Pinnacle West Capital Corp Director Flanagan Reports Stock Unit Acquisition

Director Susan T. Flanagan reports acquisition of 1,783 stock units of Pinnacle West Capital Corp, vesting immediately and settling later.

Summary

• On May 21, 2025, Susan T. Flanagan, a director of Pinnacle West Capital Corp, acquired 1,783 stock units.
• Each stock unit is equivalent to one share of Pinnacle West common stock.
• The stock units vested on May 21, 2025, and will be settled in shares of common stock upon separation from service from the Company.
• The reporting person elected to defer settlement until the last business day of the month following the month in which the reporting person separates from service from the Company.
• The transaction was reported on May 22, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock unit acquisition, indicating alignment between the director and the company's performance, but not necessarily a strong positive or negative signal.

Positives

• The acquisition of stock units by a director signals confidence in the company's future performance.

Future Outlook

The stock units will be settled in shares of common stock upon the director's separation from service, with settlement deferred until the end of the month following separation.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to track the buying and selling activity of individuals with privileged information about the company's prospects.

Stakeholder Impact

• The acquisition of stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Stock Units, Director, Form 4, PNW, Pinnacle West Capital Corp, Beneficial Ownership, Flanagan, Acquisition