Mountain Paul J, Vice President of Finance and Treasurer, has demonstrated a consistent pattern of insider activity focused exclusively on shares of Pinnacle West Capital Corporation (PNW), as disclosed in SEC Form 4 filings. Over 47 transactions, Mountain Paul J has engaged solely in selling activity, with no recorded purchases. The total sell value amounts to $337,961.76, reflecting a clear disposition of shares. Notably, the most recent transactions occurred on March 18, 2025, and February 20, 2025, involving multiple sales under transaction codes "F" (sale following a Rule 16b-3 transaction) and "D" (disposition to the issuer). On March 18, 2025, sales totaled $178,169.04, including a single transaction valued at $132,786.36. Earlier, on February 20, 2025, a series of smaller sales aggregated to $85,411.33, with individual transactions ranging from $998.47 to $19,243.24. These filings indicate a sustained trend of reducing holdings in PNW, with no recent buying activity. The absence of purchases and the consistent selling pattern suggest a strategic reduction in equity exposure, though the filings provide no insight into the underlying rationale for these transactions. Mountain Paul J’s trading history remains entirely concentrated on PNW, underscoring a focused approach to managing personal equity tied to the company.
AI-assisted summary