Manulife Private Credit Plus Fund — John Hancock Life Sells $1.1M Shares

What Happened

John Hancock Life Insurance Company (a reporting 10% owner) sold 55,082.624 shares of Manulife Private Credit Plus Fund on 2026-03-31 at $19.97 per share, for a total proceeds of approximately $1,100,000. The transaction is a sale (code S) executed as an open market or private sale. This is an institutional sale rather than executive insider trading.

Key Details

• Transaction date and price: 2026-03-31 — 55,082.624 shares at $19.97 each (total ≈ $1,100,000).
• Type: Sale (S) — open market or private sale.
• Post-transaction ownership: Filing states the reporting person now holds less than 10% of the issuer; exact post-transaction share count is not disclosed.
• Filing note: The Form 4 remarks that the reporting person “holds less than 10% … and therefore is no longer subject to Section 16 reporting.”
• Timeliness: The form was filed on 2026-08-25, well after the 2026-03-31 trade date, so the disclosure was filed several months late.

Context

This was an institutional sale by a 10% shareholder, not an executive buy or sale that would directly signal management sentiment. Sales can be routine (portfolio rebalancing, liquidity needs, etc.); they do not necessarily indicate negative company-specific information. Retail investors may weigh this alongside other insider activity and public filings when assessing signals.