AI English summary of an SEC filing — figures as filed

Pinnacle West Capital Corporation said on August 28, 2025 it entered into an amendment to the forward sale agreements with Wells Fargo Bank, National Association.

8-KEntry into a Material Definitive AgreementFiled Sep 2, 2025Period of report Aug 28, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Pinnacle West Capital Corporation said on August 28, 2025 it entered into an amendment to the forward sale agreements with Wells Fargo Bank, National Association.
The company said the amendment provides for a December 31, 2026 settlement date for the Share Forward Transactions, subject to the terms of the forward sale agreements.
Pinnacle West said the forward sale agreements being amended are dated February 28, 2024 and February 29, 2024, respectively, with Wells Fargo Bank, National Association as the counterparty.
The company said the above summary of the amendment does not purport to be complete and is qualified in its entirety by the amendment, a copy of which is attached as Exhibit 10.1.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Amendment to Forward Sale Agreements with Wells Fargo

Pinnacle West Capital Corporation said on August 28, 2025 it entered into an amendment to the forward sale agreements with Wells Fargo Bank, National Association.

Source · Based on the filing body and exhibits

Share Forward Transactions Settlement Date of December 31, 2026

The company said the amendment provides for a December 31, 2026 settlement date for the Share Forward Transactions, subject to the terms of the forward sale agreements.

Source · Based on the filing body and exhibits

Forward Sale Agreements Amended: Dated February 28, 2024 and 29 Days Later

Pinnacle West said the forward sale agreements being amended are dated February 28, 2024 and February 29, 2024, respectively, with Wells Fargo Bank, National Association as the counterparty.

Source · Based on the filing body and exhibits

Summary of Amendment Qualified in Its Entirety by Exhibit 10.1

The company said the above summary of the amendment does not purport to be complete and is qualified in its entirety by the amendment, a copy of which is attached as Exhibit 10.1.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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