Short answer
Pinnacle West Capital (PNW) filed an 8-K current report with the SEC on June 29, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). $1.5M deferred compensation award for APS Chief Nuclear Officer Adam Heflin.
Pinnacle West Capital 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- $1.5M deferred compensation award for APS Chief Nuclear Officer Adam Heflin
- Credits scheduled from July 2026 through July 2029, contingent on continued APS employment
- Account vests May 1, 2030, creating a multiyear retention incentive
- Forfeiture applies upon early departure, except death, disability, or termination without cause
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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