# EDGAR Filing Document

**Accession Number:** 0001993057
**File Stem:** 0001213900-25-099676
**Filing Date:** 2025-10
**Character Count:** 6762
**Document Hash:** 3959fcf46931591b1290bcd6f01cbad5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-099676.hdr.sgml**: 20251016

**ACCESSION NUMBER**: 0001213900-25-099676

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251016

**DATE AS OF CHANGE**: 20251016

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HAWAIIAN ELECTRIC CO INC
- **CENTRAL INDEX KEY:** 0000046207
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 990040500
- **STATE OF INCORPORATION:** HI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-34106
- **FILM NUMBER:** 251398693

**BUSINESS ADDRESS:**
- **STREET 1:** 1099 ALAKEA STREET, SUITE 2200
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
- **BUSINESS PHONE:** 8085437771

**MAIL ADDRESS:**
- **STREET 1:** 1099 ALAKEA STREET, SUITE 2200
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HAWAIIAN ELECTRIC CO LTD
- **DATE OF NAME CHANGE:** 19670212
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barnes Kevin
- **CENTRAL INDEX KEY:** 0001993057

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 1135 MAKAWAO AVENUE
- **STREET 2:** #235
- **CITY:** MAKAWAO
- **STATE:** HI
- **ZIP:** 96768

## Ex-99.A

**<u>SCHEDULE A</u>**

**Kevin Barnes Transactions in the Hawaiian Electric Company, Inc.<br> Cumulative Preferred Stock, Series H – 5.25% During the Past Sixty (60) Days**

---

| | | | |
|:---|:---|:---|:---|
| **Nature of Transaction** | **Amount of Securities Purchased/(Sold)** | **Price<br> per Share,<br> $** | **Date of Purchase/Sale** |
| Mandatory Redemption of Preferred Stock | (15699) | 21.2625 | 10/15/2025 |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**HAWAIIAN ELECTRIC CO INC**

*(Name of Issuer)*

**Cumulative Preferred Stock, Series H - 5.25%**

*(Title of Class of Securities)*

**419866843**

*(CUSIP Number)*

**Kevin Barnes**<br>1135 Makawao Avenue, #253<br>Makawao HI 96768<br>1.808.400.8889

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/15/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **419866843** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Kevin Barnes** | Name of reporting person<br>**Kevin Barnes** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**—** | Source of funds (See Instructions)<br>**—** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Cumulative Preferred Stock, Series H - 5.25%

**(b) Name of Issuer:**
HAWAIIAN ELECTRIC CO INC

**(c) Address of Issuer's Principal Executive Offices:**
1099 Alakea Street, Suite 2200, Honolulu, HI, 96813

**Item 4. Purpose of Transaction**

On October 15, 2025, the Hawaiian Electric Company, Inc. elected to redeem, along with other tranches of preferred stock, its Series H 5 1/4% Cumulative Preferred Stock, par value $20 per share, for a total cash payment of $21.2625 per share.  Mahalo and good luck!

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate percentage of Preferred Shares reported owned by each person named herein is based upon 250,000 Preferred Shares outstanding as of June 30, 2025 per the Issuer's Form 10-Q filed on 08/07/25.

Kevin Barnes

(a) As of the date hereof, Kevin Barnes beneficially owns 0 Preferred Shares.

Percentage: Approximately 0%

**(b)**
1. Sole power to vote or direct vote: 0

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 0

4. Shared power to dispose or direct the disposition: 0

The filing of this Schedule 13D shall not be deemed an admission that the Reporting Person is, for purposes of Section 13(d) of the Exchange Act, the beneficial owners of any securities of the Issuer that he or it does not directly own. The Reporting Person disclaims beneficial ownership of the Preferred Shares that he or it does not directly own.

**(c)**
Schedule A annexed hereto lists all transactions in securities of the Issuer by the Reporting Person during the past 60 days. All of such transactions were effected in the open market unless otherwise noted therein.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Person, or between the Reporting Person and any other person, with respect to the securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Kevin Barnes

**Signature:** /s/ Kevin Barnes

**Name/Title:** Kevin Barnes

**Date:** 10/16/2025