Hawaiian Electric (HAWEL) director W James Scilacci files initial ownership Form 3
Rhea-AI Filing Summary
HAWAIIAN ELECTRIC CO INC lists W James Scilacci as a reporting person and director in an initial statement of beneficial ownership of securities. The report indicates his director status and that he is not listed as an officer or ten percent owner, and it shows no reportable transactions or derivative positions.
Positive
- None.
Negative
- None.
Key Terms
beneficial ownership, reporting person, ten percent owner
3 terms
beneficial ownership financial
"initial statement of beneficial ownership of securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
reporting person financial
"lists W James Scilacci as a reporting person and director"
ten percent owner financial
"he is not listed as an officer or ten percent owner"
FAQ
What does this Form 3 for HAWEL disclose about W James Scilacci?
The Form 3 identifies W James Scilacci as a director and reporting person of HAWAIIAN ELECTRIC CO INC. It classifies him only as a director, not as an officer or ten percent owner, and provides his initial beneficial ownership status.
Are any stock transactions reported for W James Scilacci in this HAWEL Form 3?
No stock transactions are reported. The Form 3 shows zero buy, sell, acquire, dispose, and exercise counts in the transaction summary, indicating no trades or derivative exercises are disclosed in this initial ownership filing.
Does the HAWEL Form 3 show any derivative securities for W James Scilacci?
No derivative securities are shown. The filing’s derivativeSummary is empty and the transactionSummary lists zero derivative transactions and zero exerciseShares, indicating no options or similar instruments are reported here.
Is W James Scilacci a ten percent owner of HAWAIIAN ELECTRIC CO INC in this Form 3?
The Form 3 indicates he is not a ten percent owner. The reporting person data marks him as a director, with the ten percent owner field set to 0, meaning he is not classified as holding ten percent or more of the issuer’s securities.
Does this HAWEL Form 3 mention a Rule 10b5-1 trading plan for W James Scilacci?
No Rule 10b5-1 plan is indicated. The document-level aff_10b5_one field is null and there are no footnotes describing trades under a pre-arranged trading plan, consistent with the absence of any reported transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.