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Director W. James Scilacci receives 9,238-share grant at Hawaiian Electric (NYSE: HE)

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

Rhea-AI Filing Summary

Hawaiian Electric Industries director W. James Scilacci received a stock grant of 9,238 shares of common stock on June 30, 2026. The shares were awarded at no cash cost to him as a grant under the HEI 2011 Nonemployee Director Stock Plan.

After this award, Scilacci directly holds a total of 35,723 shares of Hawaiian Electric Industries common stock, including shares previously acquired through the company’s Dividend Reinvestment and Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
Insider SCILACCI W JAMES
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,238 $0.00 --
Holdings After Transaction: Common Stock — 35,723 shares (Direct, null)
Footnotes (1)
  1. Stock grant pursuant to the HEI 2011 Nonemployee Director Stock Plan. Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.
Stock grant 9,238 shares Common stock grant on June 30, 2026
Post-transaction holdings 35,723 shares Total common shares directly held after grant
Grant price $0.0000 per share Awarded at no cash cost to director
HEI 2011 Nonemployee Director Stock Plan financial
"Stock grant pursuant to the HEI 2011 Nonemployee Director Stock Plan."
Dividend Reinvestment and Stock Purchase Plan financial
"Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan."
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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FAQ

What did W. James Scilacci report in his latest Form 4 for HE?

W. James Scilacci reported receiving a grant of 9,238 shares of Hawaiian Electric Industries common stock. The award was granted at no cash cost as part of a company stock plan for nonemployee directors.

How many Hawaiian Electric (HE) shares does director Scilacci hold after this grant?

After the June 30, 2026 grant, director W. James Scilacci directly holds 35,723 shares of Hawaiian Electric Industries common stock. This total includes shares previously acquired through the company’s Dividend Reinvestment and Stock Purchase Plan.

Was Scilacci’s HE stock transaction a market purchase or sale?

The transaction was not a market purchase or sale. Scilacci received 9,238 shares as a stock grant, classified as a grant, award, or other acquisition, rather than buying or selling shares on the open market.

What plan governed the 9,238-share grant to the HE director?

The 9,238-share grant to director W. James Scilacci was made under the HEI 2011 Nonemployee Director Stock Plan. This plan provides stock-based compensation to outside directors of Hawaiian Electric Industries instead of cash-only compensation.

Does the Form 4 mention dividend reinvestment for HE shares?

Yes. The filing notes that Scilacci’s reported holdings include shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan, where dividends and optional cash can be used to acquire additional shares.
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*
SCILACCI W JAMES

(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$035,723(2)D
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.
2. Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
Sean K. Clark, Attorney-in-Fact for W. James Scilacci07/02/2026
** 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)