Form 4: Director Aquilino Acquires HEI Stock
Insider Transaction Report
John C. Aquilino, a Director at Hawaiian Electric Industries Inc., acquired 9,238 shares of common stock through a grant under the company's 2011 Nonemployee Director Stock Plan.
Summary
- John C. Aquilino, a Director of Hawaiian Electric Industries Inc. (HEI), received a grant of 9,238 shares of common stock on June 30, 2026.
- This acquisition was made under the HEI 2011 Nonemployee Director Stock Plan.
- Following this transaction, Aquilino beneficially owns 17,861 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director rather than a significant strategic event or financial performance indicator.
Positives
- Director Aquilino's acquisition of shares indicates continued investment and confidence in the company.
- The stock grant is part of a structured plan for nonemployee directors, suggesting a consistent approach to director compensation and alignment with shareholder interests.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that director stock grants are a common practice in the utility and energy sector to align executive and director interests with long-term shareholder value. This type of transaction is standard for companies like Hawaiian Electric Industries.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Stock Plan | Grant of common stock to a nonemployee director under the HEI 2011 Nonemployee Director Stock Plan. | 06/30/2026 | Standard compensation practice, aligns director interests with company performance. |
Stakeholder Impact
- Shareholders: The transaction reinforces director alignment with shareholder interests through equity ownership.
- Employees: Indirectly, the alignment of director interests can contribute to stable company management and long-term strategy.
- Management: The grant is part of the established compensation structure for nonemployee directors.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Transaction Date: Stock grant acquired by John C. Aquilino. |
| 07/02/2026 | Signature Date: Sean K. Clark, Attorney-in-fact for John C. Aquilino. |
Keywords
Form 4, SEC Filing, Hawaiian Electric Industries, HEI, Director Stock Grant, Beneficial Ownership, Common Stock, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.