HPF director buys about 618 fund shares at $16.18
Kenneth J. Phelan, a director of John Hancock Preferred Income Fund (HPF), reported a small open-market purchase of fund shares.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 618.108 | $16.18 | $10K |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did HPF director Kenneth J. Phelan report?
Does this HPF Form 4 include any derivative securities transactions?
Is the HPF Form 4 filed by one reporting person or multiple insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.