$PNW·8-K

PINNACLE WEST CAPITAL CORP · May 18, 7:50 PM ET

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PINNACLE WEST CAPITAL CORP 8-K

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Pinnacle West Reports 2026 Annual Meeting Vote Results

What Happened
Pinnacle West Capital Corporation filed an 8-K reporting results of its Annual Meeting held May 14, 2026. Shareholders elected all ten nominated directors to one-year terms expiring at the 2027 Annual Meeting, approved the advisory (say-on-pay) vote on executive compensation, and ratified Deloitte & Touche LLP as the company’s independent auditor for 2026.

Key Details

  • All ten nominated directors were elected. For example, Glynis A. Bryan received 95,980,735 votes FOR (5,797,567 withheld; 8,715,982 broker non-votes) and Susan T. Flanagan received 101,130,922 votes FOR (647,380 withheld; 8,715,982 broker non-votes).
  • Say-on-pay (advisory vote on executive compensation): 98,755,016 FOR, 2,750,428 AGAINST, 272,858 ABSTENTIONS, and 8,715,982 broker non-votes.
  • Auditor ratification: Deloitte & Touche LLP was ratified with 107,509,825 FOR, 2,819,186 AGAINST, and 165,273 ABSTENTIONS.
  • The 8-K was signed by Shirley A. Baum, Senior VP, General Counsel and Corporate Secretary (dated May 18, 2026).

Why It Matters
These results confirm the current board slate and governance continuity for Pinnacle West through 2027, reflecting shareholder support for the company’s leadership. The strong FOR vote on the advisory executive-compensation measure indicates broad shareholder approval of pay practices, while ratification of Deloitte keeps the existing external auditor in place for 2026. Broker non-votes on certain items reflect shares held by brokers that were not voted due to lack of client instructions and do not change the outcome of the votes reported.

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