PINNACLE WEST CAP CORP

Ticker: PNW CUSIP: 723484101 Class: COM

State of Alaska, Department of Revenue's Holding History (CIK: 0001370102)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 28,143 Value ($000) $2 Avg Close $89.23 Range $86.18 - $93.48

Q3 2025

Shares 28,983 Value ($000) $3 Avg Close $88.79 Range $84.44 - $93.47

Q2 2025

Shares 29,630 Value ($000) $3 Avg Close $89.32 Range $84.01 - $93.67

Q1 2025

Shares 29,560 Value ($000) $3 Avg Close $86.37 Range $78.26 - $93.02

Q4 2024

Shares 29,205 Value ($000) $2 Avg Close $84.97 Range $80.67 - $91.67

Q3 2024

Shares 29,430 Value ($000) $3 Avg Close $80.90 Range $70.66 - $87.05

Q2 2024

Shares 28,535 Value ($000) $2 Avg Close $70.74 Range $65.76 - $74.22

Q1 2024

Shares 28,535 Value ($000) $2 Avg Close $65.20 Range $60.62 - $69.54

Q4 2023

Shares 28,490 Value ($000) $2 Avg Close $67.20 Range $62.94 - $70.91

Q3 2023

Shares 29,705 Value ($000) $2 Avg Close $71.78 Range $66.39 - $77.25

Q2 2023

Shares 30,275 Value ($000) $2 Avg Close $71.39 Range $67.35 - $75.96

Q1 2023

Shares 31,828 Value ($000) $3 Avg Close $66.77 Range $63.66 - $71.10

Q4 2022

Shares 32,075 Value ($000) $2 Avg Close $62.50 Range $51.16 - $70.75

Q3 2022

Shares 32,014 Value ($000) $2,064 Avg Close $63.64 Range $55.76 - $68.03

Q2 2022

Shares 16,221 Value ($000) $1,186 Avg Close $63.84 Range $55.80 - $68.19

Q1 2022

Shares 15,876 Value ($000) $1,239 Avg Close $60.39 Range $56.02 - $66.65

Q4 2021

Shares 16,331 Value ($000) $1,152 Avg Close $55.84 Range $51.86 - $61.46

Q3 2021

Shares 17,321 Value ($000) $1,253 Avg Close $65.26 Range $58.98 - $71.06

Q2 2021

Shares 17,510 Value ($000) $1,435 Avg Close $68.95 Range $65.28 - $72.42

Q1 2021

Shares 31,066 Value ($000) $2,526 Avg Close $62.43 Range $56.60 - $66.33

Q4 2020

Shares 33,164 Value ($000) $2,650 Avg Close $65.83 Range $58.83 - $73.60

Q3 2020

Shares 34,887 Value ($000) $2,600 Avg Close $60.54 Range $54.95 - $66.17

Q2 2020

Shares 98,546 Value ($000) $7,222 Avg Close $59.12 Range $52.33 - $65.86

Q1 2020

Shares 100,287 Value ($000) $7,600 Avg Close $70.35 Range $46.70 - $82.05

Q4 2019

Shares 92,146 Value ($000) $8,286 Avg Close $69.39 Range $65.00 - $74.61

Q3 2019

Shares 99,201 Value ($000) $9,628 Avg Close $71.87 Range $68.70 - $75.42

Q2 2019

Shares 65,087 Value ($000) $6,122 Avg Close $72.15 Range $69.78 - $75.74

Q1 2019

Shares 63,091 Value ($000) $6,028 Avg Close $67.77 Range $60.95 - $73.24

Q4 2018

Shares 61,985 Value ($000) $5,279 Avg Close $64.12 Range $57.80 - $69.17

Q3 2018

Shares 60,897 Value ($000) $4,819 Avg Close $59.27 Range $56.90 - $61.30

Q2 2018

Shares 59,156 Value ($000) $4,763 Avg Close $57.22 Range $53.85 - $59.87

Q1 2018

Shares 50,056 Value ($000) $3,993 Avg Close $56.89 Range $53.69 - $61.68

Q4 2017

Shares 40,646 Value ($000) $3,461 Avg Close $63.49 Range $60.19 - $66.68

Q3 2017

Shares 32,886 Value ($000) $2,780 Avg Close $62.55 Range $59.60 - $65.04

Q2 2017

Shares 20,396 Value ($000) $1,736 Avg Close $61.03 Range $58.21 - $63.58

Q1 2017

Shares 17,801 Value ($000) $1,483 Avg Close $56.18 Range $53.40 - $59.69

Q4 2016

Shares 15,764 Value ($000) $1,230 Avg Close $52.24 Range $49.50 - $55.16

Q3 2016

Shares 14,827 Value ($000) $1,126 Avg Close $53.79 Range $51.20 - $56.86

Q2 2016

Shares 13,972 Value ($000) $1,132 Avg Close $51.08 Range $48.16 - $55.70

Q1 2016

Shares 13,071 Value ($000) $981 Avg Close $46.44 Range $42.15 - $51.17

Q4 2015

Shares 29,368 Value ($000) $1,893 Avg Close $42.78 Range $40.93 - $44.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	28,143	$2	$89.23	$86.18 - $93.48
Q3 2025	28,983	$3	$88.79	$84.44 - $93.47
Q2 2025	29,630	$3	$89.32	$84.01 - $93.67
Q1 2025	29,560	$3	$86.37	$78.26 - $93.02
Q4 2024	29,205	$2	$84.97	$80.67 - $91.67
Q3 2024	29,430	$3	$80.90	$70.66 - $87.05
Q2 2024	28,535	$2	$70.74	$65.76 - $74.22
Q1 2024	28,535	$2	$65.20	$60.62 - $69.54
Q4 2023	28,490	$2	$67.20	$62.94 - $70.91
Q3 2023	29,705	$2	$71.78	$66.39 - $77.25
Q2 2023	30,275	$2	$71.39	$67.35 - $75.96
Q1 2023	31,828	$3	$66.77	$63.66 - $71.10
Q4 2022	32,075	$2	$62.50	$51.16 - $70.75
Q3 2022	32,014	$2,064	$63.64	$55.76 - $68.03
Q2 2022	16,221	$1,186	$63.84	$55.80 - $68.19
Q1 2022	15,876	$1,239	$60.39	$56.02 - $66.65
Q4 2021	16,331	$1,152	$55.84	$51.86 - $61.46
Q3 2021	17,321	$1,253	$65.26	$58.98 - $71.06
Q2 2021	17,510	$1,435	$68.95	$65.28 - $72.42
Q1 2021	31,066	$2,526	$62.43	$56.60 - $66.33
Q4 2020	33,164	$2,650	$65.83	$58.83 - $73.60
Q3 2020	34,887	$2,600	$60.54	$54.95 - $66.17
Q2 2020	98,546	$7,222	$59.12	$52.33 - $65.86
Q1 2020	100,287	$7,600	$70.35	$46.70 - $82.05
Q4 2019	92,146	$8,286	$69.39	$65.00 - $74.61
Q3 2019	99,201	$9,628	$71.87	$68.70 - $75.42
Q2 2019	65,087	$6,122	$72.15	$69.78 - $75.74
Q1 2019	63,091	$6,028	$67.77	$60.95 - $73.24
Q4 2018	61,985	$5,279	$64.12	$57.80 - $69.17
Q3 2018	60,897	$4,819	$59.27	$56.90 - $61.30
Q2 2018	59,156	$4,763	$57.22	$53.85 - $59.87
Q1 2018	50,056	$3,993	$56.89	$53.69 - $61.68
Q4 2017	40,646	$3,461	$63.49	$60.19 - $66.68
Q3 2017	32,886	$2,780	$62.55	$59.60 - $65.04
Q2 2017	20,396	$1,736	$61.03	$58.21 - $63.58
Q1 2017	17,801	$1,483	$56.18	$53.40 - $59.69
Q4 2016	15,764	$1,230	$52.24	$49.50 - $55.16
Q3 2016	14,827	$1,126	$53.79	$51.20 - $56.86
Q2 2016	13,972	$1,132	$51.08	$48.16 - $55.70
Q1 2016	13,071	$981	$46.44	$42.15 - $51.17
Q4 2015	29,368	$1,893	$42.78	$40.93 - $44.75