Trusts tied to Hawaiian Electric (HE) disclose insider share holdings
Rhea-AI Filing Summary
Hawaiian Electric Industries director James A. Ajello filed an initial Form 3 reporting his beneficial ownership in the company’s common stock through trusts. The filing shows 35,749 shares held indirectly by the Mary Susan Ajello 2020 Family Trusts and 16,495 shares held indirectly by the Ajello 2020 Management Trust, with no shares held directly in his own name.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ajello James A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 16,495 shares (Indirect, By Ajello 2020 Management Trust);
Common Stock — 35,749 shares (Indirect, By Mary Susan Ajello 2020 Family Trusts)
Key Figures
Indirect family trust holdings: 35,749 shares
Indirect management trust holdings: 16,495 shares
Direct holdings: 0 shares
+1 more
4 metrics
Indirect family trust holdings
35,749 shares
Common Stock held by Mary Susan Ajello 2020 Family Trusts
Indirect management trust holdings
16,495 shares
Common Stock held by Ajello 2020 Management Trust
Direct holdings
0 shares
Common Stock held directly after reported holdings
Holding entries
3 entries
Form 3 holding records with unknown transaction codes
Key Terms
Form 3, beneficial ownership, indirect ownership, family trust, +1 more
5 terms
Form 3 regulatory
"Director James A. Ajello filed an initial Form 3 reporting his beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial Form 3 reporting his beneficial ownership in the company’s common stock"
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.
indirect ownership financial
"shares held indirectly by the Mary Susan Ajello 2020 Family Trusts"
family trust financial
"held indirectly by the Mary Susan Ajello 2020 Family Trusts"
management trust financial
"held indirectly by the Ajello 2020 Management Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does James A. Ajello’s Form 3 for Hawaiian Electric (HE) report?
The Form 3 reports James A. Ajello’s initial beneficial ownership in Hawaiian Electric common stock through trusts, disclosing indirect holdings via family and management trusts and noting that he has no directly held shares in his own name.
What stake does the Ajello 2020 Management Trust hold in Hawaiian Electric (HE)?
The Ajello 2020 Management Trust holds 16,495 shares of Hawaiian Electric common stock on an indirect basis for director James A. Ajello. This position is reported as part of his beneficial ownership in the Form 3 filing.
Are there any buy or sell transactions in James A. Ajello’s Hawaiian Electric (HE) Form 3?
The Form 3 is an initial statement of beneficial ownership and lists three holding entries with unknown transaction codes. It does not report explicit open-market purchases or sales of Hawaiian Electric common stock by James A. Ajello.