---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-26-000066"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2026-09-21T21:08:41+00:00"
generated_at: "2026-09-21T21:10:08.748699+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HEI monetizes 30% of ASB stake for $29.5M to fund Maui wildfire settlement

## Summary
- Sold ~2.0M ASB (NYSE: ASBH) shares on Sept 16, 2026 for $29.5M net proceeds.
- Underwriters exercised option on Sept 21 for 293,904 extra shares, adding $4.4M net to HEI.
- Remaining 6.4% stake valued at ~$73.5M based on $17.57 close on Sept 18, 2026.
- Proceeds will reduce future capital raises needed for remaining Maui wildfire settlement payments.

## SEC filing metadata
- accession: 0000354707-26-000066
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2026-09-21T21:08:41+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470726000066/0000354707-26-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354707/000035470726000066/he-20260916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-26-000066
- JSON: https://secwatch.observer/filing/0000354707-26-000066.json
- Plain text: https://secwatch.observer/filing/0000354707-26-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.