PINNACLE WEST CAP CORP

Ticker: PNW CUSIP: 723484101 Class: COM

Merit Financial Group, LLC's Holding History (CIK: 0001621225)

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

Q4 2025

Shares 6,391 Value ($000) $567 Avg Close $89.23 Range $86.18 - $93.48

Q3 2025

Shares 4,760 Value ($000) $427 Avg Close $88.79 Range $84.44 - $93.47

Q2 2025

Shares 4,456 Value ($000) $399 Avg Close $89.32 Range $84.01 - $93.67

Q1 2025

Shares 2,565 Value ($000) $244 Avg Close $86.37 Range $78.26 - $93.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,391	$567	$89.23	$86.18 - $93.48
Q3 2025	4,760	$427	$88.79	$84.44 - $93.47
Q2 2025	4,456	$399	$89.32	$84.01 - $93.67
Q1 2025	2,565	$244	$86.37	$78.26 - $93.02