---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-090108"
form_type: "8-K"
ticker: "PNW"
cik: "0000764622"
company_name: "PINNACLE WEST CAPITAL CORP"
filed_at: "2026-08-04T13:01:16+00:00"
generated_at: "2026-08-04T13:02:15.169306+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pinnacle West enters $500M at-the-market equity distribution agreement

## Summary
- Agreement with BMO, BTIG, Citigroup, Morgan Stanley, RBC, Scotia, TD, Truist as managers and forward sellers.
- Up to $500M aggregate gross sales price of common stock; commission up to 1% of gross sales price.
- Proceeds to fund APS capital expenditures, repay commercial paper, and for general corporate purposes.
- Forward sale agreements allow borrowing and selling shares; company may physically settle for net proceeds.

## SEC filing metadata
- accession: 0001104659-26-090108
- form_type: 8-K
- ticker: PNW
- cik: 0000764622
- company_name: PINNACLE WEST CAPITAL CORP
- filed_at: 2026-08-04T13:01:16+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764622/000110465926090108/0001104659-26-090108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764622/000110465926090108/tm2621767d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-090108
- JSON: https://secwatch.observer/filing/0001104659-26-090108.json
- Plain text: https://secwatch.observer/filing/0001104659-26-090108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.