HPI (HPI) director Hurtsellers buys 738.441 fund shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
John Hancock Preferred Income Fund director Christine Hurtsellers reported buying a total of 738.441 Common Shares of Beneficial Interest in the fund. The purchases were made in four open-market transactions on May 6, 2026 at prices between $16.25 and $16.31 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 738.441 shares ($12,000)
Net Buy
4 txns
Insider
Hurtsellers Christine
Role
null
Bought
738.441 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 76 | $16.25 | $1K |
| Purchase | Common Shares of Beneficial Interest | 657 | $16.25 | $11K |
| Purchase | Common Shares of Beneficial Interest | 5 | $16.31 | $81.55 |
| Purchase | Common Shares of Beneficial Interest | 0.441 | $16.31 | $7.19 |
Holdings After Transaction:
Common Shares of Beneficial Interest — 76 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares purchased: 738.441 shares
Shares bought at $16.31: 5.441 shares
Shares bought at $16.25: 733.000 shares
+3 more
6 metrics
Total shares purchased
738.441 shares
Aggregate open-market buys on May 6, 2026
Shares bought at $16.31
5.441 shares
Two transactions at $16.31 per share
Shares bought at $16.25
733.000 shares
Two transactions at $16.25 per share
Highest purchase price
$16.31 per share
Open-market purchases on May 6, 2026
Lowest purchase price
$16.25 per share
Open-market purchases on May 6, 2026
Buy transactions count
4 transactions
All reported as open-market purchases
Key Terms
Common Shares of Beneficial Interest, open-market purchase, non-derivative, Form 4
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did HPI director Christine Hurtsellers report?
Christine Hurtsellers reported buying 738.441 Common Shares of Beneficial Interest in John Hancock Preferred Income Fund. The Form 4 shows four open-market purchases on May 6, 2026, indicating a net increase in her directly held HPI shares.
What type of security did Hurtsellers buy for HPI in this filing?
Hurtsellers bought HPI’s Common Shares of Beneficial Interest. Each of the four transactions in the Form 4 is identified as a non-derivative security, reflecting direct ownership rather than options or other derivative instruments.