Pinnacle West extends ATM equity program maturity to 24 months; $270M capacity remains

Filed June 5, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

• high

  Company has sold $630M of $900M authorized under at-the-market equity program (70% utilized), leaving $270M available for future share sales without needing shareholder approval.

  Item 8.01 verify on EDGAR →
• medium

  Extended maximum maturity period for forward sale agreements from 18 to 24 months, giving management more flexibility to time share issuance and cash receipt under the ATM program.

  Item 8.01 verify on EDGAR →
• medium

  Amendment maintains existing $900M program size, commission rates, and other material terms with eight financial institution partners including Barclays, BofA, and JPMorgan.

  Item 8.01 verify on EDGAR →