Pinnacle West Capital insider activity
What the executives and directors of Pinnacle West Capital actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$931K
net open-market flow, 12 m
0 open-market buys, 12 m
0%
of sale value on 10b5-1 plans, 12 m
777 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 67 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| May 14, 2026 | SPENCE WILLIAM H | 1,665 |
| May 14, 2026 | Sims Paula J | 1,665 |
| Mar 18, 2026 | Heflin Adam C | 31K |
| Mar 18, 2026 | Blankenship Elizabeth A | 3,831 |
| Mar 18, 2026 | Esparza Jose Luis Jr | 5,114 |
| Mar 18, 2026 | Geisler Theodore N | 58K |
| Mar 18, 2026 | Cooper Andrew D | 25K |
| Mar 18, 2026 | Tetlow Jacob | 29K |
| Mar 18, 2026 | Baum Shirley A | 3,833 |
| Feb 20, 2026 | Heflin Adam C | 12K |
| Feb 20, 2026 | Blankenship Elizabeth A | 2,528 |
| Feb 20, 2026 | Esparza Jose Luis Jr | 2,637 |
| Feb 20, 2026 | Geisler Theodore N | 24K |
| Feb 20, 2026 | Cooper Andrew D | 11K |
| Feb 20, 2026 | Tetlow Jacob | 7,113 |
| Feb 20, 2026 | Bauer Christopher R. | 733 |
| Feb 20, 2026 | Baum Shirley A | 3,186 |
| May 21, 2025 | SPENCE WILLIAM H | 1,783 |
| May 21, 2025 | TREVATHAN JAMES E JR | 1,783 |
| May 21, 2025 | FOX RICHARD P | 1,783 |
| May 21, 2025 | Sims Paula J | 1,783 |
| Mar 18, 2025 | Heflin Adam C | 31K |
| Mar 18, 2025 | GULDNER JEFFREY B. | 129K |
| Mar 18, 2025 | Smith Robert Edgar | 24K |
| Mar 18, 2025 | Blankenship Elizabeth A | 4,339 |
| Mar 18, 2025 | Esparza Jose Luis Jr | 4,369 |
| Mar 18, 2025 | Geisler Theodore N | 58K |
| Mar 18, 2025 | Cooper Andrew D | 20K |
| Mar 18, 2025 | Tetlow Jacob | 18K |
| Mar 18, 2025 | Mountain Paul J | 9,228 |
| Mar 10, 2025 | Smith Robert Edgar | 1,053 |
| Feb 20, 2025 | Heflin Adam C | 11K |
| Feb 20, 2025 | GULDNER JEFFREY B. | 31K |
| Feb 20, 2025 | Smith Robert Edgar | 5,833 |
| Feb 20, 2025 | Blankenship Elizabeth A | 2,323 |
| Feb 20, 2025 | Esparza Jose Luis Jr | 1,677 |
| Feb 20, 2025 | Geisler Theodore N | 18K |
| Feb 20, 2025 | Cooper Andrew D | 8,174 |
| Feb 20, 2025 | Tetlow Jacob | 6,037 |
| Feb 20, 2025 | Mountain Paul J | 4,281 |
| Dec 10, 2024 | Smith Robert Edgar | 826 |
| Oct 22, 2024 | GULDNER JEFFREY B. | 34K |
| Oct 22, 2024 | Smith Robert Edgar | 5,739 |
| Oct 22, 2024 | Blankenship Elizabeth A | 1,183 |
| Oct 22, 2024 | Geisler Theodore N | 14K |
| Oct 22, 2024 | Cooper Andrew D | 1,323 |
| Oct 22, 2024 | Tetlow Jacob | 4,756 |
| Oct 22, 2024 | Mountain Paul J | 2,105 |
| May 22, 2024 | NORDSTROM BRUCE J | 1,908 |
| Feb 20, 2024 | Heflin Adam C | 8,568 |
| Feb 20, 2024 | GULDNER JEFFREY B. | 41K |
| Feb 20, 2024 | Smith Robert Edgar | 7,268 |
| Feb 20, 2024 | Blankenship Elizabeth A | 2,214 |
| Feb 20, 2024 | Esparza Jose Luis Jr | 1,055 |
| Feb 20, 2024 | Geisler Theodore N | 22K |
| Feb 20, 2024 | Cooper Andrew D | 5,704 |
| Feb 20, 2024 | Tetlow Jacob | 6,897 |
| Feb 20, 2024 | Mountain Paul J | 4,334 |
| Dec 11, 2023 | Smith Robert Edgar | 690 |
| Oct 17, 2023 | GULDNER JEFFREY B. | 26K |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 98K |
| Vested / exercised | 39K |
| Withheld for tax | 64K |
| Discretionary sales | 9,347 |
| Gifts | 18K |
| Kept | 47K |
Who holds what
the 14 largest holdings of 18| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| GULDNER JEFFREY B. Chairman, President and CEO Last trade Mar 8, 2019 | CEO | 184K | – | – | Mar 8, 2019 | |
| Geisler Theodore N Chairman, CEO and President Last trade Aug 24, 2023 | CEO | 74K | – | – | Aug 24, 2023 | |
| NORDSTROM BRUCE J Last trade Mar 5, 2020 | Director | 74K | – | – | Mar 5, 2020 | |
| Heflin Adam C | Other | 50K | – | – | – | |
| Cooper Andrew D SVP & CFO | CFO | 38K | – | – | – | |
| Smith Robert Edgar EVP, CLO, and CDO Last trade Aug 9, 2024 | Officer | 27K | – | – | Aug 9, 2024 | |
| Sims Paula J | Director | 11K | – | – | – | |
| Blankenship Elizabeth A VP, Controller and CAO Last trade Aug 10, 2026 | Officer | 11K | – | $97K | net selling over the year: 0 months buying, 1 month selling | Aug 10, 2026 |
| FOX RICHARD P | Director | 11K | – | – | – | |
| Easterly Donna M Last trade Mar 14, 2019 | Other | 10K | – | – | Mar 14, 2019 | |
| Mountain Paul J VP, Finance and Planning Last trade May 6, 2025 | Officer | 7,887 | – | – | May 6, 2025 | |
| Baum Shirley A SVP and GC | Officer | 7,225 | – | – | – | |
| Tetlow Jacob Last trade May 13, 2026 | Other | 6,675 | – | $650K | net selling over the year: 0 months buying, 1 month selling | May 13, 2026 |
| SPENCE WILLIAM H | Director | 6,291 | – | – | – |
Open-market trade log
the 60 most recent of 159| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026 | Blankenship Elizabeth A (Officer) 980 shares $99.17 +2.9% since trade filed Aug 11, 2026 | Discretionary sale | 980 | $99.17 | $97K | +2.9% | Aug 11, 2026 |
| Aug 7, 2026 | Esparza Jose Luis Jr (Other) 1,800 shares $102.01 +0.0% since trade filed Aug 11, 2026 | Discretionary sale | 1,800 | $102.01 | $184K | +0.0% | Aug 11, 2026 |
| May 13, 2026 | Tetlow Jacob (Other) 41 shares $99.01 +3.0% since trade filed May 14, 2026 | Discretionary sale | 41 | $99.01 | $4K | +3.0% | May 14, 2026 |
| May 13, 2026 | Tetlow Jacob (Other) 6,526 shares $99.00 +3.0% since trade filed May 14, 2026 | Discretionary sale | 6,526 | $99.00 | $646K | +3.0% | May 14, 2026 |
| Aug 11, 2025 | Tetlow Jacob (Other) 6,496 shares $92.37 +10.4% since trade filed Aug 12, 2025 | Discretionary sale | 6,496 | $92.37 | $600K | +10.4% | Aug 12, 2025 |
| May 6, 2025 | Mountain Paul J (Officer) 592 shares $93.97 +8.6% since trade filed May 6, 2025 | Discretionary sale | 592 | $93.97 | $56K | +8.6% | May 6, 2025 |
| May 6, 2025 | Mountain Paul J (Officer) 911 shares $93.91 +8.6% since trade filed May 6, 2025 | Discretionary sale | 911 | $93.91 | $86K | +8.6% | May 6, 2025 |
| Mar 3, 2025 | Tetlow Jacob (Other) 678 shares $93.44 +9.2% since trade filed Mar 4, 2025 | Discretionary sale | 678 | $93.44 | $63K | +9.2% | Mar 4, 2025 |
| Mar 3, 2025 | Tetlow Jacob (Other) 1,594 shares $93.40 +9.2% since trade filed Mar 4, 2025 | Discretionary sale | 1,594 | $93.40 | $149K | +9.2% | Mar 4, 2025 |
| Nov 13, 2024 | Tetlow Jacob (Other) 9,474 shares $90.80 +12.4% since trade filed Nov 13, 2024 | Discretionary sale | 9,474 | $90.80 | $860K | +12.4% | Nov 13, 2024 |
| Aug 9, 2024 | Smith Robert Edgar (Officer) 4,950 shares $85.80 +18.9% since trade filed Aug 12, 2024 | Discretionary sale | 4,950 | $85.80 | $425K | +18.9% | Aug 12, 2024 |
| Aug 8, 2024 | Mountain Paul J (Officer) 2,700 shares $85.28 +19.6% since trade filed Aug 9, 2024 | Discretionary sale | 2,700 | $85.28 | $230K | +19.6% | Aug 9, 2024 |
| Aug 5, 2024 | Flanagan Susan T. (Director) 500 shares $86.54 +17.9% since trade filed Oct 24, 2024 late | Open-market buy | 500 | $86.54 | $43K | +17.9% | Oct 24, 2024 late |
| Dec 8, 2023 | Smith Robert Edgar (Officer) 1,610 shares $75.95 +34.3% since trade filed Dec 11, 2023 | Discretionary sale | 1,610 | $75.95 | $122K | +34.3% | Dec 11, 2023 |
| Aug 24, 2023 | Geisler Theodore N (Other) 1 shares $79.29 +28.7% since trade filed Aug 25, 2023 | Discretionary sale | 1 | $79.29 | $79 | +28.7% | Aug 25, 2023 |
| Aug 24, 2023 | Geisler Theodore N (Other) 6 shares $79.80 +27.8% since trade filed Aug 25, 2023 | Discretionary sale | 6 | $79.80 | $479 | +27.8% | Aug 25, 2023 |
| Aug 24, 2023 | Geisler Theodore N (Other) 1,484 shares $79.93 +27.6% since trade filed Aug 25, 2023 | Discretionary sale | 1,484 | $79.93 | $119K | +27.6% | Aug 25, 2023 |
| Dec 6, 2022 | Lockwood Barbara D (Other) 689 shares $77.88 +31.0% since trade filed Dec 8, 2022 | Discretionary sale | 689 | $77.88 | $54K | +31.0% | Dec 8, 2022 |
| May 17, 2022 | Lockwood Barbara D (Other) 3,489 shares $74.25 +37.4% since trade filed May 18, 2022 | Discretionary sale | 3,489 | $74.25 | $259K | +37.4% | May 18, 2022 |
| Nov 9, 2021 | HATFIELD JAMES R (CEO) 3,327 shares $63.76 +60.0% since trade filed Nov 10, 2021 | Discretionary sale | 3,327 | $63.76 | $212K | +60.0% | Nov 10, 2021 |
| Oct 12, 2021 | Geisler Theodore N (Other) 247 shares $67.58 +51.0% since trade filed Aug 22, 2023 late | Discretionary sale | 247 | $67.58 | $17K | +51.0% | Aug 22, 2023 late |
| Mar 5, 2020 | NORDSTROM BRUCE J (Director) 4,742 shares $98.79 filed Mar 9, 2020 | Discretionary sale | 4,742 | $98.79 | $468K | – | Mar 9, 2020 |
| Feb 26, 2020 | FROETSCHER DANIEL T (Other) 2,500 shares $98.18 filed Feb 28, 2020 | Discretionary sale | 2,500 | $98.18 | $245K | – | Feb 28, 2020 |
| Feb 25, 2020 | HATFIELD JAMES R (Officer) 2,295 shares $100.51 filed Feb 27, 2020 | Discretionary sale | 2,295 | $100.51 | $231K | – | Feb 27, 2020 |
| Feb 25, 2020 | HATFIELD JAMES R (Officer) 6,899 shares $99.91 filed Feb 27, 2020 | Discretionary sale | 6,899 | $99.91 | $689K | – | Feb 27, 2020 |
| Feb 25, 2020 | HATFIELD JAMES R (Officer) 11K shares $98.72 filed Feb 27, 2020 | Discretionary sale | 11K | $98.72 | $1.1M | – | Feb 27, 2020 |
| Feb 25, 2020 | Nickloy Lee R. (Officer) 1,628 shares $100.61 filed Feb 27, 2020 | Discretionary sale | 1,628 | $100.61 | $164K | – | Feb 27, 2020 |
| Nov 13, 2019 | Lockwood Barbara D (Other) 1,750 shares $86.19 filed Nov 15, 2019 | Discretionary sale | 1,750 | $86.19 | $151K | – | Nov 15, 2019 |
| May 13, 2019 | GALLAGHER MICHAEL L (Director) 5,000 shares $95.90 filed May 15, 2019 | Discretionary sale | 5,000 | $95.90 | $480K | – | May 15, 2019 |
| May 3, 2019 | Cortese Denis A. (Director) 3,014 shares $94.12 filed May 7, 2019 | Discretionary sale | 3,014 | $94.12 | $284K | – | May 7, 2019 |
| Mar 14, 2019 | Easterly Donna M (Other) 2,358 shares $95.67 filed Mar 18, 2019 | Discretionary sale | 2,358 | $95.67 | $226K | – | Mar 18, 2019 |
| Mar 11, 2019 | NORDSTROM BRUCE J (Director) 3,374 shares $93.44 filed Mar 13, 2019 | Discretionary sale | 3,374 | $93.44 | $315K | – | Mar 13, 2019 |
| Mar 8, 2019 | GULDNER JEFFREY B. (Officer) 1,395 shares $92.46 filed Mar 12, 2019 | Discretionary sale | 1,395 | $92.46 | $129K | – | Mar 12, 2019 |
| Feb 28, 2019 | HATFIELD JAMES R (CFO) 3,000 shares $92.89 filed Mar 4, 2019 | Discretionary sale | 3,000 | $92.89 | $279K | – | Mar 4, 2019 |
| Feb 27, 2019 | BRANDT DONALD E (CEO) 30K shares $92.85 filed Mar 1, 2019 | Discretionary sale | 30K | $92.85 | $2.8M | – | Mar 1, 2019 |
| Feb 27, 2019 | Danner Denise R (Officer) 3,278 shares $92.88 filed Mar 1, 2019 | Discretionary sale | 3,278 | $92.88 | $304K | – | Mar 1, 2019 |
| Feb 26, 2019 | Nickloy Lee R. (Officer) 1,000 shares $93.50 filed Feb 28, 2019 | Discretionary sale | 1,000 | $93.50 | $94K | – | Feb 28, 2019 |
| Dec 13, 2018 | FROETSCHER DANIEL T (Other) 2,558 shares $92.20 filed Dec 17, 2018 | Discretionary sale | 2,558 | $92.20 | $236K | – | Dec 17, 2018 |
| Dec 13, 2018 | BEMENT ROBERT S (Other) 4,700 shares $91.22 filed Dec 17, 2018 | Discretionary sale | 4,700 | $91.22 | $429K | – | Dec 17, 2018 |
| Nov 27, 2018 | Danner Denise R (Officer) 3,320 shares $88.78 filed Nov 29, 2018 | Discretionary sale | 3,320 | $88.78 | $295K | – | Nov 29, 2018 |
| Nov 14, 2018 | BRANDT DONALD E (CEO) 300 shares $89.17 filed Nov 16, 2018 | Discretionary sale | 300 | $89.17 | $27K | – | Nov 16, 2018 |
| Nov 14, 2018 | BRANDT DONALD E (CEO) 16K shares $88.58 filed Nov 16, 2018 | Discretionary sale | 16K | $88.58 | $1.4M | – | Nov 16, 2018 |
| Sep 9, 2018 | MUNRO KATHRYN L (Director) 2,468 shares $76.99 filed Sep 13, 2022 late | Discretionary sale | 2,468 | $76.99 | $190K | – | Sep 13, 2022 late |
| May 29, 2018 | Schiavoni Mark A. (Other) 9,534 shares $79.02 filed May 31, 2018 | Discretionary sale | 9,534 | $79.02 | $753K | – | May 31, 2018 |
| Mar 14, 2018 | HERBERGER ROY A JR (Director) 2,126 shares $76.25 filed Mar 16, 2018 | Discretionary sale | 2,126 | $76.25 | $162K | – | Mar 16, 2018 |
| Mar 13, 2018 | HATFIELD JOHN S. (Other) 2,145 shares $76.14 filed Mar 15, 2018 | Discretionary sale | 2,145 | $76.14 | $163K | – | Mar 15, 2018 |
| Mar 7, 2018 | MUNRO KATHRYN L (Director) 2,666 shares $75.36 filed Mar 9, 2018 | Discretionary sale | 2,666 | $75.36 | $201K | – | Mar 9, 2018 |
| Mar 1, 2018 | BRANDT DONALD E (CEO) 12K shares $77.64 filed Mar 5, 2018 | Discretionary sale | 12K | $77.64 | $911K | – | Mar 5, 2018 |
| Mar 1, 2018 | BRANDT DONALD E (CEO) 27K shares $77.05 filed Mar 5, 2018 | Discretionary sale | 27K | $77.05 | $2.1M | – | Mar 5, 2018 |
| Feb 27, 2018 | HATFIELD JAMES R (CFO) 15K shares $79.99 filed Mar 1, 2018 | Discretionary sale | 15K | $79.99 | $1.2M | – | Mar 1, 2018 |
| Feb 27, 2018 | Nickloy Lee R. (Officer) 2,000 shares $78.78 filed Mar 1, 2018 | Discretionary sale | 2,000 | $78.78 | $158K | – | Mar 1, 2018 |
| Jan 19, 2018 | BRANDT DONALD E (CEO) 24K shares $79.21 filed Jan 22, 2018 | Discretionary sale | 24K | $79.21 | $1.9M | – | Jan 22, 2018 |
| Dec 14, 2017 | Falck David P (Officer) 4,500 shares $89.07 filed Dec 18, 2017 | Discretionary sale | 4,500 | $89.07 | $401K | – | Dec 18, 2017 |
| Nov 9, 2017 | GALLAGHER MICHAEL L (Director) 2,012 shares $89.37 filed Nov 14, 2017 | Discretionary sale | 2,012 | $89.37 | $180K | – | Nov 14, 2017 |
| Nov 9, 2017 | BRANDT DONALD E (CEO) 18K shares $89.54 filed Nov 14, 2017 | Discretionary sale | 18K | $89.54 | $1.6M | – | Nov 14, 2017 |
| Aug 25, 2017 | MUNRO KATHRYN L (Director) 1,806 shares $90.28 filed Aug 29, 2017 | Discretionary sale | 1,806 | $90.28 | $163K | – | Aug 29, 2017 |
| Aug 24, 2017 | Falck David P (Officer) 4,600 shares $89.98 filed Aug 28, 2017 | Discretionary sale | 4,600 | $89.98 | $414K | – | Aug 28, 2017 |
| Aug 23, 2017 | BRANDT DONALD E (CEO) 35K shares $89.57 filed Aug 25, 2017 | Discretionary sale | 35K | $89.57 | $3.1M | – | Aug 25, 2017 |
| May 26, 2017 | FROETSCHER DANIEL T (Other) 2,800 shares $87.31 filed May 31, 2017 | Discretionary sale | 2,800 | $87.31 | $244K | – | May 31, 2017 |
| May 16, 2017 | GOMEZ BARBARA M (Other) 1,900 shares $84.00 filed May 18, 2017 | Discretionary sale | 1,900 | $84.00 | $160K | – | May 18, 2017 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
125 Forms 4, 3 years
1 filed late
2 amendments
2.5 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.