{"schema_version":"secwatch.filing_event.v1","accession":"0000354707-25-000003","form_type":"8-K","ticker":"HE","cik":"0000354707","company_name":"HAWAIIAN ELECTRIC INDUSTRIES INC","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.984038+00:00","generated_at":"2026-05-28T16:18:03.816120+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"HEI sells 90.1% of American Savings Bank for ~$405M; closes Dec 31, 2024","bullets":["Transaction valued at ~$450M; 90.1% stake sold for ~$405M to independent investors.","Proceeds to reduce holding company debt, fund wildfire settlement contributions and utility initiatives.","ASB retains local leadership, branches and brand; HEI exits banking to focus on utility business.","Sale closed effective December 31, 2024; HEI expects greater financial flexibility and reduced equity needs."],"urls":{"canonical":"https://secwatch.observer/filing/0000354707-25-000003","json":"https://secwatch.observer/filing/0000354707-25-000003.json","markdown":"https://secwatch.observer/filing/0000354707-25-000003.md","text":"https://secwatch.observer/filing/0000354707-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/354707/000035470725000003/0000354707-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/354707/000035470725000003/he-20250102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T16:18:03.816120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}