Form 4: Hawaiian Electric Director Acquires Shares

Micah A. Kane, a Director at Hawaiian Electric Industries Inc., acquired 9,238 shares of common stock through a stock grant.

Summary

• Micah A. Kane, a Director of Hawaiian Electric Industries Inc. (HEI), received a stock grant of 9,238 shares on June 30, 2026.
• These shares were granted under the HEI 2011 Nonemployee Director Stock Plan.
• Following this transaction, Mr. Kane beneficially owns 41,514.72 shares of common stock.
• The filing also notes that shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Repurchase Plan are included in the total ownership.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard stock grant to a director and does not indicate significant positive or negative developments for the company.

Positives

• Director stock grant indicates continued alignment of management and board with shareholder interests.
• Acquisition of shares by a director can be seen as a positive signal of confidence in the company's future.

Future Outlook

This filing is a routine disclosure of stock transactions by a director and does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect normal compensation and ownership adjustments for directors within the utility sector.

Stakeholder Impact

• Shareholders: The stock grant to a director may be viewed positively as it aligns director compensation with company performance and ownership.

Key Dates

Keywords

Form 4, SEC Filing, Hawaiian Electric Industries, HEI, Director Stock Grant, Beneficial Ownership, Securities Exchange Act