HPS director Christine Hurtsellers buys 808.9 shares in open market (NYSE: HPS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHN HANCOCK PREFERRED INCOME FUND III director Christine Hurtsellers reported buying a total of 808.902 Common Shares of Beneficial Interest in open-market transactions on May 6, 2026. The purchases were made at prices around $14.83–$14.84 per share and are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 808.902 shares ($12,000)
Net Buy
3 txns
Insider
Hurtsellers Christine
Role
null
Bought
808.902 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 17 | $14.8349 | $252.19 |
| Purchase | Common Shares of Beneficial Interest | 791 | $14.8349 | $12K |
| Purchase | Common Shares of Beneficial Interest | 0.902 | $14.8413 | $13.39 |
Holdings After Transaction:
Common Shares of Beneficial Interest — 17 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares purchased: 808.902 shares
Purchase price (small lot): $14.8413 per share
Purchase price (main lots): $14.8349 per share
+3 more
6 metrics
Total shares purchased
808.902 shares
Open-market purchases on May 6, 2026
Purchase price (small lot)
$14.8413 per share
0.9020-share open-market purchase
Purchase price (main lots)
$14.8349 per share
791.0000-share and 17.0000-share purchases
Shares after first transaction
808.9020 shares
Direct holdings after 0.9020-share purchase
Shares after second transaction
808.0000 shares
Direct holdings after 791.0000-share purchase
Shares after third transaction
17.0000 shares
Direct holdings after 17.0000-share purchase
Key Terms
Common Shares of Beneficial Interest, open-market purchase, Form 4, transaction code P
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.
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.
transaction code P financial
"transaction_code: P, described as Purchase in open market"
FAQ
What insider transaction did HPS director Christine Hurtsellers report?
Christine Hurtsellers reported open-market purchases of HPS shares. She bought a total of 808.902 Common Shares of Beneficial Interest in JOHN HANCOCK PREFERRED INCOME FUND III on May 6, 2026, spread across three separate transactions.
What does transaction code P mean in the HPS Form 4 filing?
In this HPS Form 4, transaction code P indicates a purchase. The filing describes these as “Purchase in open market or private transaction”, confirming that Christine Hurtsellers’ three trades were acquisitions of HPS shares rather than sales or option exercises.