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.
BlackRock, Inc. reports a significant passive ownership position in Hawaiian Electric Industries, Inc. common stock. As of 12/31/2025, BlackRock beneficially owned 27,798,093 shares, representing 16.1% of the outstanding common stock. It reports sole voting power over 27,393,050 shares and sole dispositive power over 27,798,093 shares, with no shared voting or dispositive power.
BlackRock states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Hawaiian Electric Industries. The filing notes that iShares Core S&P Small-Cap ETF has an interest in more than five percent of the issuer’s common stock through its holdings.
Arena Holdings Management LLC and Feroz Dewan have filed a Schedule 13G reporting a significant ownership position in Hawaiian Electric Industries, Inc. common stock. They report beneficial ownership of 10,554,877 shares, representing 6.1% of the outstanding common stock, with sole power to vote and dispose of all of these shares.
The securities are held through Arena Holdings Group LP, for which Arena Holdings Management LLC serves as Administrative Manager and has the right to receive dividends or sale proceeds. The filers certify that the shares were not acquired and are not held for the purpose of changing or influencing control of Hawaiian Electric, indicating a passive investment intent.
Hawaiian Electric Industries (HE) filed its Form 10‑Q for the quarter ended September 30, 2025, alongside its principal utility subsidiary, Hawaiian Electric Company. The filing focuses on operations and extensive risk disclosures rather than specific earnings figures.
Management outlines key risks tied to the Maui windstorm and wildfires, including potential liabilities from lawsuits, insurance availability and cost, financing needs for a contemplated settlement contribution, credit ratings pressure, and regulatory outcomes under Hawaii’s performance‑based framework. The company also notes exposure to extreme weather, supply chain pressures, fuel price volatility, and cybersecurity.
Strategic portfolio updates referenced include the sale of American Savings Bank on December 31, 2024, the sale of Hamakua Holdings on March 10, 2025, and the sale of PC Opco on August 1, 2025. Shares outstanding were 172,620,476 as of October 31, 2025.
Hawaiian Electric Industries, Inc. (HEI) and Hawaiian Electric Company, Inc. filed a current report to furnish HEI’s third-quarter 2025 results. The filing states that on November 7, 2025, HEI issued a news release titled “HEI Reports Third Quarter 2025 Results,” which is included as Exhibit 99. The report clarifies that this news release and the related Item 2.02 information are being furnished rather than filed under the securities laws, meaning they are not automatically incorporated into other securities offerings or reports unless specifically referenced.
Horizon Kinetics Asset Management LLC filed an amended Schedule 13G reporting a passive stake in Hawaiian Electric Industries (HE). The firm beneficially owns 17,642,331 shares of common stock, representing 10.2% of the class.
Horizon Kinetics reports sole voting power over 17,642,331 shares and sole dispositive power over 17,642,331 shares, with no shared voting or dispositive power. The certification states the securities were acquired and are held in the ordinary course of business and not to change or influence control.
Hawaiian Electric Company, Inc., a subsidiary of Hawaiian Electric Industries, Inc., entered into a material financing agreement and issued $500 million aggregate principal amount of 6.000% Senior Notes due 2033. The notes were issued under an indenture with U.S. Bank Trust Company, National Association, as trustee, and were sold in a private offering relying on exemptions from Securities Act registration.
The notes mature on October 1, 2033, with cash interest paid semi-annually on April 1 and October 1, starting April 1, 2026. Net proceeds will be used to finance capital expenditures and to repay long-term and/or short-term debt, including the revolving credit facility and term loan, that financed capital projects.
Hawaiian Electric may redeem the notes before October 1, 2028 at 100% of principal plus a make-whole amount and accrued interest, and on or after that date at specified redemption prices plus accrued interest. The indenture includes covenants limiting certain liens and major corporate transactions, a change of control repurchase right at 101% of principal plus accrued interest, and customary events of default that can lead to acceleration of all amounts due.
Hawaiian Electric Company, Inc., a subsidiary of Hawaiian Electric Industries, Inc., entered into a material financing agreement and issued $500 million aggregate principal amount of 6.000% Senior Notes due 2033. The notes were issued under an indenture with U.S. Bank Trust Company, National Association, as trustee, and were sold in a private offering relying on exemptions from Securities Act registration.
The notes mature on October 1, 2033, with cash interest paid semi-annually on April 1 and October 1, starting April 1, 2026. Net proceeds will be used to finance capital expenditures and to repay long-term and/or short-term debt, including the revolving credit facility and term loan, that financed capital projects.
Hawaiian Electric may redeem the notes before October 1, 2028 at 100% of principal plus a make-whole amount and accrued interest, and on or after that date at specified redemption prices plus accrued interest. The indenture includes covenants limiting certain liens and major corporate transactions, a change of control repurchase right at 101% of principal plus accrued interest, and customary events of default that can lead to acceleration of all amounts due.
Hawaiian Electric Industries, Inc., parent of Hawaiian Electric Company, disclosed that Hawaiian Electric has priced $500 million aggregate principal amount of 6.000% Senior Notes due 2033. These notes are a new debt financing that will bear a fixed 6.000% interest rate until their 2033 maturity.
The notes are being offered in a transaction exempt from registration, and have not been registered under the Securities Act of 1933. They may only be offered or sold in the United States under a registration or a valid exemption, underscoring that this is a private debt offering rather than a public securities sale.
Hawaiian Electric Industries and its utility subsidiary Hawaiian Electric Company have begun a series of fixed income investor calls to explore a potential private offering of $400 million of 8-year senior unsecured notes, subject to market conditions.
The net proceeds of any notes issued would be intended to support Hawaiian Electric Company’s capital spending and to repay long-term or short-term debt, including its revolving credit facility and term loan that were used to finance or refinance capital expenditures. The notes would be sold in a private placement to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S and would not be registered under U.S. securities laws.
Hawaiian Electric Industries and its utility subsidiary Hawaiian Electric disclosed their intent to redeem five series of cumulative preferred stock: Series E (5%), Series H (5.25%), Series I (5%), Series J (4.5%), and Series K (4.65%). Each series carries a $20 par value and specified redemption prices mostly at $21.00 per share (Series I at $20.00). The companies intend to use cash on hand to fund the redemptions and state that after redemptions none of these series will remain outstanding.
The filing clarifies that holders need take no action now and should await official notices of redemption with surrender instructions. It also cautions there are no assurances the redemptions will occur and includes standard forward-looking statement disclaimers.
Peggy Y. Fowler, a director of Hawaiian Electric Industries, Inc. (HE), reported paired non-derivative transactions on 08/13/2025 that transferred shares into a family trust. The filing shows two offsetting entries for 11,759 shares each (one disposed, one acquired) under the transaction code G(1) with price $0, reflecting a transfer to the Fowler Family Trust. Following the reported transactions, 63,888 shares are listed as beneficially owned indirectly by the Fowler Family Trust. The Form 4 was signed by Sean K. Clark as attorney-in-fact on 08/14/2025. The filing documents an internal ownership transfer; no cash consideration or derivative activity is reported.