secwatch.observer — SEC 8-K summary
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Issuer:     PINNACLE WEST CAPITAL CORP (PNW)
CIK:        0000764622
Form:       8-K
Filed at:   2026-06-29T20:03:39+00:00
Accession:  0000764622-26-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinnacle West awards $1.5M retention credit to EVP & Chief Nuclear Officer Adam Heflin
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- Aggregate discretionary credit of $1.5 million to Adam Heflin, EVP and Chief Nuclear Officer of APS.
- Credits vest on May 1, 2030; subject to continued employment through that date.
- Forfeiture of unvested amounts occurs except for death, disability, or termination without cause.
- Payment in ten-year installments following separation from service.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764622/000076462226000034/0000764622-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7286/000076462226000034/pnw-20260623.htm
  HTML page:      https://secwatch.observer/filing/0000764622-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer