GEISLER THEODORE N (SVP & CFO) exercised options at PINNACLE WEST CAPITAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 5 exercises

GEISLER THEODORE N

Filed: 2/24/2026ACC: 0001628280-26-011343

InsiderGEISLER THEODORE NCIK 1799703

→

IssuerPINNACLE WEST CAPITAL CORPCIK 764622

Officer· SVP & CFO

Since Jan 2020

-4.70K

Net shares

Net seller

$462.2K

Total sold

Open market trades

0B · 0S

Total transactions

15.34K acquired · 20.04K disposed

Non-Derivative Transactions17

Common Stock

Direct

M · Option Exercise

+2.25K

Price / share

—

Trade value

—

% of position

New position

2/20/2026

0.00→2.25K

Common Stock

Direct

D · Disposition

−361.00

Price / share

$98.34

Trade value

$35.50K

% of position

16.1%

2/20/2026

2.25K→1.89K

Common Stock

Direct

F · Tax Withholding

−790.00

Price / share

$98.34

Trade value

$77.69K

% of position

41.9%

2/20/2026

1.89K→1.10K

Common Stock

Direct

M · Option Exercise

+1.63K

Price / share

—

Trade value

—

% of position

149.0%

2/20/2026

1.10K→2.73K

Common Stock

Direct

D · Disposition

−192.00

Price / share

$98.34

Trade value

$18.88K

% of position

7.0%

2/20/2026

2.73K→2.54K

Common Stock

Direct

F · Tax Withholding

−604.00

Price / share

$98.34

Trade value

$59.40K

% of position

23.8%

2/20/2026

2.54K→1.94K

Common Stock

Direct

M · Option Exercise

+1.94K

Price / share

—

Trade value

—

% of position

100.4%

2/20/2026

1.94K→3.88K

Common Stock

Direct

D · Disposition

−152.00

Price / share

$98.34

Trade value

$14.95K

% of position

3.9%

2/20/2026

3.88K→3.73K

Common Stock

Direct

F · Tax Withholding

−750.00

Price / share

$98.34

Trade value

$73.75K

% of position

20.1%

2/20/2026

3.73K→2.98K

Common Stock

Direct

M · Option Exercise

+1.74K

Price / share

—

Trade value

—

% of position

58.3%

2/20/2026

2.98K→4.71K

Common Stock

Direct

D · Disposition

−67.00

Price / share

$98.34

Trade value

$6.59K

% of position

1.4%

2/20/2026

4.71K→4.64K

Common Stock

Direct

F · Tax Withholding

−699.00

Price / share

$98.34

Trade value

$68.74K

% of position

15.0%

2/20/2026

4.64K→3.95K

Common Stock

Direct

M · Option Exercise

+2.46K

Price / share

—

Trade value

—

% of position

62.3%

2/20/2026

3.95K→6.40K

Common Stock

Direct

D · Disposition

−96.00

Price / share

$98.34

Trade value

$9.44K

% of position

1.5%

2/20/2026

6.40K→6.31K

Common Stock

Direct

F · Tax Withholding

−989.00

Price / share

$98.34

Trade value

$97.26K

% of position

15.7%

2/20/2026

6.31K→5.32K

Common Stock

Direct

G · Gift

−5.32K

Price / share

—

Trade value

—

% of position

New position

2/20/2026

5.32K→0.00

Common Stock

Indirect

G · Gift

+5.32K

Price / share

—

Trade value

—

% of position

16.5%

2/20/2026

32.25K→37.57K

Total

Net shares

+5.32K

Net value

-$462.20K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/20/2026	M · Option Exercise	+2.25K	—	—	New position	0.00	2.25K
Common Stock Direct	2/20/2026	D · Disposition	−361.00	$98.34	$35.50K	16.1%	2.25K	1.89K
Common Stock Direct	2/20/2026	F · Tax Withholding	−790.00	$98.34	$77.69K	41.9%	1.89K	1.10K
Common Stock Direct	2/20/2026	M · Option Exercise	+1.63K	—	—	149.0%	1.10K	2.73K
Common Stock Direct	2/20/2026	D · Disposition	−192.00	$98.34	$18.88K	7.0%	2.73K	2.54K
Common Stock Direct	2/20/2026	F · Tax Withholding	−604.00	$98.34	$59.40K	23.8%	2.54K	1.94K
Common Stock Direct	2/20/2026	M · Option Exercise	+1.94K	—	—	100.4%	1.94K	3.88K
Common Stock Direct	2/20/2026	D · Disposition	−152.00	$98.34	$14.95K	3.9%	3.88K	3.73K
Common Stock Direct	2/20/2026	F · Tax Withholding	−750.00	$98.34	$73.75K	20.1%	3.73K	2.98K
Common Stock Direct	2/20/2026	M · Option Exercise	+1.74K	—	—	58.3%	2.98K	4.71K
Common Stock Direct	2/20/2026	D · Disposition	−67.00	$98.34	$6.59K	1.4%	4.71K	4.64K
Common Stock Direct	2/20/2026	F · Tax Withholding	−699.00	$98.34	$68.74K	15.0%	4.64K	3.95K
Common Stock Direct	2/20/2026	M · Option Exercise	+2.46K	—	—	62.3%	3.95K	6.40K
Common Stock Direct	2/20/2026	D · Disposition	−96.00	$98.34	$9.44K	1.5%	6.40K	6.31K
Common Stock Direct	2/20/2026	F · Tax Withholding	−989.00	$98.34	$97.26K	15.7%	6.31K	5.32K
Common Stock Direct	2/20/2026	G · Gift	−5.32K	—	—	New position	5.32K	0.00
Common Stock Indirect	2/20/2026	G · Gift	+5.32K	—	—	16.5%	32.25K	37.57K
Total			+5.32K		-$462.20K

Derivative Transactions5

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

2.25K shares

−2.25K

Strike price

Held after

0.00

Exercisable

—

2/20/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.63K shares

−1.63K

Strike price

Held after

1.64K

Exercisable

—

2/20/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.94K shares

−1.94K

Strike price

Held after

3.88K

Exercisable

—

2/20/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.74K shares

−1.74K

Strike price

Held after

5.21K

Exercisable

—

2/20/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

2.46K shares

−2.46K

Strike price

Held after

7.37K

Exercisable

—

2/20/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock2.25K shares	2/20/2026	M · Option Exercise	−2.25K	—	0.00
Restricted Stock Units Direct	Common Stock1.63K shares	2/20/2026	M · Option Exercise	−1.63K	—	1.64K
Restricted Stock Units Direct	Common Stock1.94K shares	2/20/2026	M · Option Exercise	−1.94K	—	3.88K
Restricted Stock Units Direct	Common Stock1.74K shares	2/20/2026	M · Option Exercise	−1.74K	—	5.21K
Restricted Stock Units Direct	Common Stock2.46K shares	2/20/2026	M · Option Exercise	−2.46K	—	7.37K