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 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.
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.