Form 4: Hawaiian Electric Industries Director Stock Grant
Insider Transaction Report
Celeste Anne Connors, a Director at Hawaiian Electric Industries Inc., received a stock grant of 9,238 shares on June 30, 2026.
Summary
- Celeste Anne Connors, a Director of Hawaiian Electric Industries Inc. (HEI), was granted 9,238 shares of common stock on June 30, 2026.
- This grant was made under the HEI 2011 Nonemployee Director Stock Plan.
- Following this transaction, Connors beneficially owns 34,678 shares of common stock.
- The filing also notes that Connors has shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Repurchase Plan.
- A Power of Attorney was filed on July 2, 2026, appointing attorneys-in-fact for electronic filings.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director under an existing plan, with no immediate indication of significant positive or negative financial impact.
Positives
- Director Connors received a stock grant, indicating continued equity incentive for leadership.
- The stock grant was made under an existing plan, suggesting established compensation structures.
- Connors' total beneficial ownership increased, aligning her interests with shareholders.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and stock grants, common across the utility sector as a means of executive and director compensation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Celeste Anne Connors granted power of attorney to Kurt K. Murao, Liann Y. Ebesugawa, and Sean K. Clark to execute SEC filings on her behalf. | June 8, 2026 | Facilitates timely and compliant electronic filing of Section 16 reports. |
Stakeholder Impact
- Shareholders: The stock grant aligns director interests with those of shareholders by increasing beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Date of stock grant transaction. |
| 07/02/2026 | Date of filing for Power of Attorney. |
| June 8, 2026 | Date of execution for Power of Attorney. |
Keywords
Form 4, SEC Filing, Hawaiian Electric Industries, HEI, Director, Stock Grant, Beneficial Ownership, Nonemployee Director Stock Plan, Equity Compensation
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