Hurtsellers Christine 4

What Happened

• Christine Hurtsellers, a director of John Hancock Preferred Income Fund III (ticker: HPS), made open-market purchases on May 6, 2026.
• She acquired three lots totaling 808.902 shares: 17 shares at $14.83 ($252), 791 shares at $14.83 ($11,734), and 0.902 shares at $14.84 ($13). The aggregate outlay was about $12,000. These were purchases (code P), which are direct acquisitions rather than sales.

Key Details

• Transaction date: 2026-05-06 (all three trades).
• Prices: $14.83 (two entries) and $14.84 (one fractional share).
• Shares acquired: 808.902 total; aggregate reported value ≈ $11,999 (rounded to ~$12,000).
• Filing date / timeliness: Report filed 2026-05-07 (next business day); no late filing indicated in the report.
• Footnotes/plan: Filing lists purchases (P); no 10b5-1 plan, tax-withholding, or other special footnotes were reported in the provided transaction details.
• Shares owned after transaction: not specified in the supplied transaction summary (not included in the excerpt).

Context

• These were straightforward open-market purchases by a company director. Purchases can be interpreted as an accretion of personal exposure to the fund but do not, by themselves, explain motivation. Retail investors often watch insider buys as one signal among many when evaluating sentiment.