Boardroom Alpha
Boardroom Alpha
HE · Current Report (Form 8-K) · Filed March 2, 2026

Hawaiian Electric Industries Inc — Current Report (Form 8-K)

Form
8-K
Filed
March 2, 2026
Period
Mar 2, 2026
Ticker
HE
Accession
0001104659-26-021897
Boardroom Alpha · Filing insights

Hawaiian Electric expands its ATM equity program to raise up to $250 million. It updates the U.S. federal income tax considerations for the offering.

About Hawaiian Electric Industries Inc
Market cap
$2.3B
1Y TSR
+32.4%
3Y TSR
−26.9%
Board grade
C-
Sector
Utilities
CEO
Scott Wh Seu
Last annual meeting: Jun 11, 2026 · View full Hawaiian Electric Industries Inc profile →

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report: March 2, 2026

 

Exact Name of Registrant Commission I.R.S. Employer
as Specified in Its Charter File Number Identification No.
Hawaiian Electric Industries, Inc. 1-8503 99-0208097
Hawaiian Electric Company, Inc. 1-4955 99-0040500

 

State of Hawaii

(State or other jurisdiction of incorporation)

 

1001 Bishop Street, Suite 2900, Honolulu, Hawaii 96813 - Hawaiian Electric Industries, Inc. (HEI)

 

1099 Alakea Street, Suite 2200, Honolulu, Hawaii 96813 - Hawaiian Electric Company, Inc. (Hawaiian Electric)

(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code:

(808) 543-5662 - HEI

 

(808) 543-7771 - Hawaiian Electric

 

Not applicable

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to 12(b) of the Act:

 

Registrant Title of each class Trading
Symbol(s)
Name of each exchange on which
registered
Hawaiian Electric Industries, Inc. Common Stock, Without Par Value HE New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule12b-2 of the Securities Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

Hawaiian Electric Industries, Inc.¨  Hawaiian Electric Company, Inc. ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Hawaiian Electric Industries, Inc. ¨  Hawaiian Electric Company, Inc. ¨

  

 

 

Co-Registrant CIK 0000046207
Co-Registrant Amendment Flag false
Co-Registrant Emerging Growth Company false

 

 

 

Item 8.01 Other Events.

 

As previously disclosed, on September 19, 2024, Hawaiian Electric Industries, Inc. (the “Company”) entered into an equity distribution agreement pursuant to which it may offer and sell, from time to time at its sole discretion, its common stock, without par value (the “Common Stock”), having an aggregate offering price of up to $250,000,000 through sales agents (the “ATM Offering”). Such Common Stock is offered pursuant to the prospectus supplement filed with the Securities and Exchange Commission on September 19, 2024 (the “Prospectus Supplement”), under its existing automatic shelf registration statement, filed with the Securities and Exchange Commission on September 19, 2024 (File No. 333-282206) (the “Registration Statement”).

 

The Company is filing as Exhibit 99.1 to this Current Report on Form 8-K certain updated descriptions of "Certain Material U.S. Federal Income Tax Considerations" with respect to the ATM Offering, which are incorporated by reference herein and into the Prospectus Supplement, and which replaces and supersedes in its entirety the descriptions of equivalent subheading in the section under “Certain Material U.S. Federal Income Tax Considerations” in the Prospectus Supplement.

 

This Current Report on Form 8-K constitutes an offer to sell or a solicitation of an offer to buy any of the abovementioned securities.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits  
   
HEI Exhibit 99.1 Certain Material U.S. Federal Income Tax Considerations.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. The signature of the undersigned companies shall be deemed to relate only to matters having reference to such companies and any subsidiaries thereof.

 

HAWAIIAN ELECTRIC INDUSTRIES, INC.   HAWAIIAN ELECTRIC COMPANY, INC.
(Registrant)   (Registrant)
     
/s/ Scott T. DeGhetto   /s/ Paul K. Ito
Scott T. DeGhetto   Paul K. Ito
Executive Vice President,   Senior Vice President,
Chief Financial Officer   Chief Financial Officer and Treasurer
     
Date: March 2, 2026   Date: March 2, 2026

 

 

 

From this filing to the file

Every SEC filing, parsed structured.

Boardroom Alpha indexes every 8-K, 10-K, 10-Q, and proxy back to 2000 — vote tabulations, comp tables, red flags, insider transactions, all queryable the day they hit EDGAR.

Independent — issuer-pays-free, ideology-free, U.S.-owned.

More filings

Other filings from Hawaiian Electric Industries Inc (HE)

Reference

Frequently asked questions

When did Hawaiian Electric Industries Inc file this 8-K?
Hawaiian Electric Industries Inc (HE) filed this Current Report (Form 8-K) with the SEC on March 2, 2026. The accession number assigned by EDGAR is 0001104659-26-021897.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Hawaiian Electric expands its ATM equity program to raise up to $250 million. It updates the U.S. federal income tax considerations for the offering. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Hawaiian Electric Industries Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Hawaiian Electric Industries Inc has filed under CIK 354707, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer