STOCK TITAN

Hawaiian Electric (HE) director Fowler granted 9,238 shares, holds more via family trust

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

Rhea-AI Filing Summary

FOWLER PEGGY Y reported acquisition or exercise transactions in this Form 4 filing.

Hawaiian Electric Industries director Peggy Y. Fowler reported a new stock grant and her current holdings. On June 30, 2026, she received an award of 9,238 shares of Common Stock at no cost as a compensation grant under the HEI 2011 Nonemployee Director Stock Plan.

After this grant, the filing shows she holds 9,238 shares directly and 63,888 shares indirectly through the Fowler Family Trust. The transactions reflect equity compensation and reported ownership rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider FOWLER PEGGY Y
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,238 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 9,238 shares (Direct, null); Common Stock — 63,888 shares (Indirect, By the Fowler Family Trust)
Footnotes (1)
  1. [object Object]
Director stock grant 9,238 shares Common Stock grant on June 30, 2026
Grant price $0.0000 per share Compensation grant, not open-market trade
Direct holdings after grant 9,238 shares Common Stock held directly by Peggy Y. Fowler
Indirect trust holdings 63,888 shares Common Stock held by the Fowler Family Trust
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
HEI 2011 Nonemployee Director Stock Plan financial
"Stock grant pursuant to the HEI 2011 Nonemployee Director Stock Plan."
Common Stock financial
"security_title: "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.
Fowler Family Trust financial
"nature_of_ownership: "By the Fowler Family Trust""
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FAQ

What insider transaction did Hawaiian Electric (HE) report for Peggy Y. Fowler?

Peggy Y. Fowler reported receiving a stock grant of 9,238 shares of Hawaiian Electric Common Stock. The award was made as director compensation, not an open-market purchase or sale, and reflects an equity-based component of her nonemployee director pay.

How many Hawaiian Electric (HE) shares did Peggy Y. Fowler receive in the latest grant?

She received an award of 9,238 Common Stock shares. The grant price is shown as $0.0000 per share because it is a compensation grant, not a market trade, under the HEI 2011 Nonemployee Director Stock Plan for nonemployee directors.

What are Peggy Y. Fowler’s total reported Hawaiian Electric (HE) holdings after this Form 4?

After the reported transactions, she holds 9,238 shares directly and 63,888 shares indirectly through the Fowler Family Trust. These figures show her equity stake as both a direct shareholder and a beneficiary of trust-held shares.

Was the Hawaiian Electric (HE) Form 4 for Peggy Y. Fowler an open-market buy or sell?

No, the Form 4 reports a grant or award acquisition of 9,238 shares, not an open-market purchase or sale. The transaction code “A” and zero price per share indicate it is stock-based compensation under the nonemployee director stock plan.

What plan governs Peggy Y. Fowler’s stock grant from Hawaiian Electric (HE)?

The footnote states the stock grant was made under the HEI 2011 Nonemployee Director Stock Plan. This plan provides equity awards to nonemployee directors as part of their compensation, aligning their interests with other shareholders.
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*
FOWLER PEGGY Y

(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$09,238D
Common Stock63,888IBy the Fowler Family Trust
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.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
Sean K. Clark, Attorney-in-Fact for Peggy Y. Fowler07/02/2026
** 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)