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HPF (NYSE: HPF) director Kenneth Phelan reports buying ~618 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Kenneth J. Phelan, a director of John Hancock Preferred Income Fund (HPF), reported a small open-market purchase of fund shares. On 01/26/2026, he bought approximately 618.108 Common Shares of Beneficial Interest at an estimated price of $16.18 per share, as the final price and exact share count depend on the fund’s net asset value calculation timing.

Following this transaction, Phelan beneficially owns 618.108 common shares directly, and no derivative securities were reported. The filing notes that the figures are approximate because the fund’s net asset value and corresponding share amounts were not fully determined at the time of the report.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Phelan Kenneth J

(Last) (First) (Middle)
C/O JOHN HANCOCK
200 BERKELEY STREET

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
JOHN HANCOCK PREFERRED INCOME FUND II [ HPF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares of Beneficial Interest(1) 01/26/2026 P 618.108(1) A $16.18(1) 618.108(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This figure is approximate. Due to the timing of the Fund's determination of its net asset value, the price per share, and the number of shares of the Fund that corresponds to, or held as a result of, the purchase cannot be determined at the time of this filing.
Thomas W. Dee, by Power of Attorney 01/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did HPF director Kenneth J. Phelan report?

Director Kenneth J. Phelan reported buying approximately 618.108 Common Shares of Beneficial Interest of John Hancock Preferred Income Fund (HPF) in an open-market purchase on 01/26/2026.

What price did Kenneth J. Phelan pay for HPF shares in this Form 4?

The Form 4 reports an approximate purchase price of $16.18 per share for the HPF Common Shares of Beneficial Interest acquired on 01/26/2026.

How many HPF shares does Kenneth J. Phelan own after this transaction?

After the reported transaction, Kenneth J. Phelan beneficially owns 618.108 HPF Common Shares of Beneficial Interest, held directly.

Are the HPF share and price figures in this Form 4 exact?

No. A footnote explains that the share amount and price per share are approximate, because the fund’s net asset value and corresponding share count were not fully determined at the time of filing.

Does this HPF Form 4 include any derivative securities transactions?

No. The Form 4’s Table II shows no derivative securities acquired, disposed of, or beneficially owned by Kenneth J. Phelan in this report.

Is the HPF Form 4 filed by one reporting person or multiple insiders?

The Form 4 is indicated as filed by one reporting person, namely director Kenneth J. Phelan.
JH Preferred Income II

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