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John Hancock Preferred Income (HPI) director adds 613.558 shares

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

Rhea-AI Filing Summary

John Hancock Preferred Income Fund director Kenneth J. Phelan reported a small open-market share purchase. On January 26, 2026, he bought 613.558 common shares of beneficial interest in the fund at a reported price of $16.30 per share, increasing his directly held position to 613.558 shares. The filing notes this figure is approximate because the fund’s net asset value and exact price per share were not yet finalized when the report was submitted.

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 [ HPI ]
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 613.558(1) A $16.3(1) 613.558(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 HPI disclose in this Form 4?

The filing shows that director Kenneth J. Phelan bought 613.558 common shares of beneficial interest of John Hancock Preferred Income Fund (HPI) in an open-market transaction.

When did Kenneth J. Phelan buy John Hancock Preferred Income Fund (HPI) shares?

Kenneth J. Phelan purchased the shares on January 26, 2026, as disclosed in the Form 4.

How many HPI shares does the director own after the reported transaction?

Following the transaction, Kenneth J. Phelan beneficially owns 613.558 common shares of beneficial interest of John Hancock Preferred Income Fund.

Was the HPI director’s transaction a purchase or a sale?

It was a purchase, coded as transaction type P (open-market or private purchase) in the Form 4.

What price did Kenneth J. Phelan pay per HPI share in this transaction?

The Form 4 reports an approximate purchase price of $16.30 per share for the 613.558 shares acquired.

Why does the Form 4 say the HPI transaction figures are approximate?

A footnote explains that the number of shares and price per share are approximate because, at the time of filing, the fund had not yet finalized its net asset value, which determines the exact price and corresponding share count.
JH Preferred Income

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