John Hancock Preferred Income director buys shares
John Hancock Preferred Income Fund director Kenneth J. Phelan reported a small open-market share purchase.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 613.558 | $16.30 | $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 HPI disclose in this Form 4?
Was the HPI director’s transaction a purchase or a sale?
Why does the Form 4 say the HPI transaction figures are approximate?
AI-generated analysis. How Rhea-AI works. Not financial advice.