<SEC-DOCUMENT>0000950170-23-044295.txt : 20230824
<SEC-HEADER>0000950170-23-044295.hdr.sgml : 20230824
<ACCEPTANCE-DATETIME>20230824131102
ACCESSION NUMBER:		0000950170-23-044295
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230824
DATE AS OF CHANGE:		20230824

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PINNACLE WEST CAPITAL CORP
		CENTRAL INDEX KEY:			0000764622
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				860512431
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-08962
		FILM NUMBER:		231201049

	BUSINESS ADDRESS:	
		STREET 1:		400 NORTH FIFTH STREET
		STREET 2:		MS 8695
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85004
		BUSINESS PHONE:		602 250 1000

	MAIL ADDRESS:	
		STREET 1:		400 NORTH FIFTH STREET
		STREET 2:		MS 8695
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85004

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AZP GROUP INC
		DATE OF NAME CHANGE:	19870506

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Geisler Theodore N
		CENTRAL INDEX KEY:			0001799703

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		400 NORTH FIFTH STREET
		STREET 2:		MAIL STATION 8602
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85004
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001799703</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0000764622</issuerCik>
<issuerName>Pinnacle West Capital Corporation</issuerName>
<secFileNumber>001-08962</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">400 North Fifth Street, P.O. Box 53999</street1>
<city xmlns="http://www.sec.gov/edgar/common">Phoenix</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">AZ</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">85072-3999</zipCode>
</issuerAddress>
<issuerContactPhone>(602)-250-1000</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>The Geisler Family Trust/Theodore N. Geisler</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Self</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>TD Ameritrade Institutional</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">7801 Mesquite Bend Drive</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 112</street2>
<city xmlns="http://www.sec.gov/edgar/common">Irving</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">TX</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">75063-6043</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>1491</noOfUnitsSold>
<aggregateMarketValue>115820.88</aggregateMarketValue>
<noOfUnitsOutstanding>113312203</noOfUnitsOutstanding>
<approxSaleDate>08/24/2023</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>11/09/2020</acquiredDate>
<natureOfAcquisitionTransaction>Stock issued in connection with awards granted under the Company's Long Term Incentive Plan</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Pinnacle West Capital Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>238</amountOfSecuritiesAcquired>
<paymentDate>11/09/2020</paymentDate>
<natureOfPayment>N/A</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>02/19/2021</acquiredDate>
<natureOfAcquisitionTransaction>Stock issued in connection with awards granted under the Company's Long Term Incentive Plan</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Pinnacle West Capital Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>298</amountOfSecuritiesAcquired>
<paymentDate>02/19/2021</paymentDate>
<natureOfPayment>N/A</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>02/18/2022</acquiredDate>
<natureOfAcquisitionTransaction>Stock issued in connection with awards granted under the Company's Long Term Incentive Plan</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Pinnacle West Capital Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>948</amountOfSecuritiesAcquired>
<paymentDate>02/18/2022</paymentDate>
<natureOfPayment>N/A</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>01/01/2002</acquiredDate>
<natureOfAcquisitionTransaction>Initial Gift and Dividend Reinvest </natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Family Member</nameOfPersonfromWhomAcquired>
<isGiftTransaction>Y</isGiftTransaction>
<donarAcquiredDate>01/01/2002</donarAcquiredDate>
<amountOfSecuritiesAcquired>6</amountOfSecuritiesAcquired>
<paymentDate>01/01/2002</paymentDate>
<natureOfPayment>N/A</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>12/01/2022</acquiredDate>
<natureOfAcquisitionTransaction>Dividend Reinvest</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Pinnacle West Capital Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>1</amountOfSecuritiesAcquired>
<paymentDate>12/01/2022</paymentDate>
<natureOfPayment>N/A</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<remarks>Aggregate value based off 8/21/2023 stock price. Number of shares outstanding as of 7/28/2023. Form 144 is providing information regarding proposed sales on behalf of The Geisler Family Trust, for which Theodore Geisler is a trustee for 1484 of the shares.  The remaining 7 shares are on behalf of Theodore N. Geisler. Due to the age of the gifted shares, dates are approximate.  The filing of this Form 144 shall not be construed as an admission that the undersigned is an Affiliate of the Issuer.</remarks>
<noticeSignature>
<noticeDate>08/24/2023</noticeDate>
<signature>/s/ Theodore N. Geisler</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
