STOCK TITAN

Hawaiian Electric (HE) director granted 9,238 shares under 2011 stock plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aquilino John C reported acquisition or exercise transactions in this Form 4 filing.

Hawaiian Electric Industries director John C. Aquilino received a stock grant of 9,238 shares of Common Stock on June 30, 2026. The shares were granted at no cash cost to him under the HEI 2011 Nonemployee Director Stock Plan. Following this grant, he directly holds 17,861 shares of the company’s common stock. This filing reflects a compensation-related award rather than an open-market purchase or sale.

Positive

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Insider Aquilino John C
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,238 $0.00 --
Holdings After Transaction: Common Stock — 17,861 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Stock grant size 9,238 shares Common Stock grant on June 30, 2026
Grant price $0.0000 per share Stated price for compensation award
Holdings after grant 17,861 shares Total direct common stock owned following transaction
Transaction code A (Grant, award, or other acquisition) Non-derivative Form 4 transaction classification
Transaction direction Acquire Compensation-related acquisition, not an open-market buy
Nonemployee Director Stock Plan financial
"Stock grant pursuant to the HEI 2011 Nonemployee Director Stock Plan."
Grant, award, or other acquisition financial
"Transaction code description is Grant, award, or other acquisition."
Common Stock financial
"The reported security title for this transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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FAQ

What did HE director John C. Aquilino report in this Form 4?

Director John C. Aquilino reported receiving a stock grant of 9,238 shares of Hawaiian Electric Industries common stock. The award was recorded as a compensation-related acquisition, not an open-market trade, and was issued under the HEI 2011 Nonemployee Director Stock Plan.

How many HE shares did John C. Aquilino receive and at what price?

John C. Aquilino received 9,238 shares of Hawaiian Electric Industries common stock at a stated price of $0.0000 per share. This reflects a stock grant as compensation, not a cash purchase, consistent with awards given under a nonemployee director stock plan.

What are John C. Aquilino’s HE holdings after this reported transaction?

After the stock grant, John C. Aquilino directly holds 17,861 shares of Hawaiian Electric Industries common stock. This total includes the 9,238-share award reported in this Form 4 and represents his direct ownership position following the June 30, 2026 transaction.

Was this HE insider transaction a market buy or sell of shares?

This transaction was not a market buy or sell. It is coded as a grant, award, or other acquisition, indicating a compensation-related stock grant under the HEI 2011 Nonemployee Director Stock Plan rather than an open-market purchase or sale of Hawaiian Electric Industries shares.

Under what plan was the HE stock grant to John C. Aquilino made?

The stock grant was made under the HEI 2011 Nonemployee Director Stock Plan. This plan provides equity compensation to nonemployee directors, and the 9,238-share award to John C. Aquilino reflects a standard director compensation grant rather than a discretionary trading decision.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Aquilino John C

(Last)(First)(Middle)
C/O P.O. BOX 730

(Street)
HONOLULU HAWAII 96808-0730

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HAWAIIAN ELECTRIC INDUSTRIES INC [ HE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026A9,238(1)A$017,861D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Stock grant pursuant to the HEI 2011 Nonemployee Director Stock Plan.
Sean K. Clark, Attorney-in-fact for John C. Aquilino07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)