Welcome to our dedicated page for Hawaiian Elec Industries SEC filings (Ticker: HE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Hawaiian Electric Industries, Inc. filings document the formal disclosures of HEI and, in many Form 8-K reports, co-registrant Hawaiian Electric Company, Inc. The records cover results of operations, financial condition, statistical supplements, wildfire-related disclosures, utility operating data and the company’s common stock listed on the New York Stock Exchange under HE.
HEI’s SEC filings also include proxy materials for shareholder voting and board governance, executive and compensation-related events, Regulation FD disclosures, and material definitive agreements. Capital-structure filings describe utility financing activity, including senior notes, indenture terms, debt repayment uses, capital expenditures and revolving credit facility matters tied to Hawaiian Electric’s regulated utility operations.
Hawaiian Electric Industries, Inc. furnished an unaudited 2025 Statistical Supplement showing a return to profitability after large wildfire-related losses in 2024. For 2025, consolidated revenues were $3.09 billion versus $3.22 billion in 2024, while net income for common stock improved to $123.1 million from a loss of $1.43 billion. Basic and diluted earnings per share were $0.71, compared with a loss of $11.23 per share in 2024, and no common dividends were paid in 2024 or 2025, versus $1.08 per share in 2023.
The utilities segment earned $168.2 million for common stock in 2025, compared with a loss of $1.23 billion in 2024, as wildfire expenses after insurance and deferrals dropped to $12.2 million from $1.4 billion. Total assets were $8.92 billion at December 31, 2025, with common equity of $1.61 billion and long-term debt, net, of $2.41 billion, giving a capital structure of 60% long-term debt and 40% equity. The supplement also reflects the sale of American Savings Bank, with discontinued operations no longer contributing to assets, income or headcount.
Hawaiian Electric Industries Inc Schedule 13G/A amendment: The Vanguard Group reports it no longer beneficially owns any common stock of the issuer following an internal realignment. The filing states 01/12/2026 as the realignment reference and shows 0% ownership as of the amendment.
The registrant explains certain subsidiaries and business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538; the filing is signed by Ashley Grim on 03/27/2026.
Hawaiian Electric Industries, Inc. filed an update related to its existing at-the-market equity program, under which it may sell shares of common stock with an aggregate offering price of up to $250,000,000 pursuant to a previously filed prospectus supplement and automatic shelf registration statement.
The company provides revised "Certain Material U.S. Federal Income Tax Considerations" for non-U.S. holders of its common stock issued in the ATM offering. The updated disclosure explains how U.S. federal income tax rules may apply to distributions, sales, information reporting, backup withholding, and FATCA, and notes that the company does not anticipate declaring or paying dividends in the near term.
Hawaiian Electric Industries President & CEO Scott W.H. Seu reported a tax-related share disposition tied to restricted stock units. On this date, 1,583 shares of common stock were withheld by the company at $15.86 per share to cover tax obligations and, as disclosed, this does not represent a sale of shares in the market. After this withholding, Seu directly holds 52,043.09 shares of common stock, and indirectly holds 228.9 shares as custodian for his daughter.
Hawaiian Electric Industries President and CEO Shelee M. T. Kimura reported that 1,277 shares of common stock were withheld on February 20, 2026 to satisfy tax obligations from the net settlement of restricted stock units. The shares were valued at $15.86, the closing stock price that day, and the filing specifies this does not represent a sale of shares.
After this tax-withholding transaction, Kimura directly holds 26,921 common shares. She also has indirect ownership of 1,358.05 shares through an account titled “Shelee M T Kimura TOD Stan M Kimura Subject to STA TOD Rules,” which includes accrued dividend equivalents tied to outstanding RSUs.
Hawaiian Electric Industries executive Kurt K. Murao reported an automatic tax-withholding transaction related to equity compensation. On February 20, 2026, 528 shares of common stock were withheld by the company at a reference price of $15.86 per share to cover tax obligations from vesting Restricted Stock Units, and this did not represent a market sale. After this withholding, Murao directly held 37,867.39 shares of common stock, which include accrued dividend equivalents in share form.
T. Rowe Price Investment Management, Inc. filed an amended Schedule 13G reporting its passive ownership in Hawaiian Electric Industries common stock. The firm reports beneficial ownership of 6,696,902 shares, representing 3.9% of the outstanding common stock as of 12/31/2025.
T. Rowe Price reports sole power to vote 6,658,244 shares and sole power to dispose of 6,696,902 shares, with no shared voting or dispositive power. It certifies the shares were acquired and are held in the ordinary course of business, not to change or influence control of the company, and expressly denies beneficial ownership beyond what is required for reporting.
The Vanguard Group filed an amended Schedule 13G reporting a passive ownership stake in Hawaiian Electric Industries common stock. Vanguard reports beneficial ownership of 19,410,325 shares, representing 11.24% of the outstanding common stock as of the event date of 12/31/2025.
Vanguard reports no sole voting or dispositive power over these shares, with 1,425,538 shares subject to shared voting power and all 19,410,325 shares subject to shared dispositive power. Vanguard states the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of the company.
The filing notes that on 01/12/2026 Vanguard underwent an internal realignment and anticipates that certain subsidiaries or business divisions may in the future report beneficial ownership separately while pursuing the same investment strategies.
Horizon Kinetics Asset Management LLC has filed Amendment No. 3 to report its ownership position in Hawaiian Electric Industries, Inc. common stock. The firm reports beneficial ownership of 19,392,363 shares, representing 11.2% of the company’s common stock as of the event date.
Horizon Kinetics reports sole voting and sole dispositive power over all of these shares and no shared power. The filing states the securities were acquired and are held in the ordinary course of business, and not for the purpose or effect of changing or influencing control of the issuer.
Hawaiian Electric Industries, Inc. is registering 3,000,000 shares of common stock for sale through its Dividend Reinvestment and Stock Purchase Plan. The plan lets existing shareholders and new investors buy HE common stock using reinvested dividends from HE common and subsidiary preferred shares, as well as optional cash investments starting at $25, subject to an annual $300,000 cap. Shares may be newly issued by the company or bought in the open market, with purchase prices based on New York Stock Exchange trading prices and most purchase-related brokerage costs paid by HE. Participants pay fees mainly when selling shares or requesting certificates and bear normal stock price volatility, with no control over exact trade timing. HE may use any cash proceeds from new share issuances to fund utility capital spending, strategic investments or acquisitions, Maui wildfire litigation settlement and related expenses, debt repayment, and other general corporate purposes.