Taniguchi Toby B. 4
Research Summary
AI-generated summary
Hawaiian Electric (HE) Director Toby B. Taniguchi Receives Award
What Happened
Toby B. Taniguchi, a director of Hawaiian Electric Industries, was granted 9,238 shares on 2026-06-30. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (reported acquisition value $0), indicating a stock grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02. Filing appears timely (filed within the normal two-business-day window).
- Transaction type/code: Award/Grant (A). Reported price: $0.00 per share. Reported shares acquired: 9,238. Reported acquisition value: $0.
- Footnote: Grant made pursuant to the HEI 2011 Nonemployee Director Stock Plan.
- Shares owned after the transaction: not specified in the provided Form 4 (not reported here).
Context
This was a compensation-related stock grant to a nonemployee director — a routine form of director compensation and not an outright market purchase or sale. Such awards are common and do not, by themselves, indicate the insider’s view of the company’s near-term prospects.