John Hancock (HPF) Director Christine Hurtsellers Buys 744 Shares

What Happened

• Director Christine Hurtsellers executed multiple open-market purchases of JOHN HANCOCK PREFERRED INCOME FUND II (HPF) common shares on May 6, 2026. Transactions were reported as purchases (code P) and consist of 144, 300, 100, 199 and 0.961 shares at about $16.13 (four lots) and $16.11 (one fractional lot), for a combined acquisition of 743.961 shares for approximately $12,000. This was an outright purchase (a buy), not a sale or option exercise.

Key Details

• Transaction date: May 6, 2026
• Lot-level purchases: 144 @ $16.13 ($2,323); 300 @ $16.13 ($4,839); 100 @ $16.13 ($1,613); 199 @ $16.13 ($3,210); 0.961 @ $16.11 ($15)
• Total acquired: 743.961 shares for ~$12,000
• Transaction code: P (purchase, open market/private purchase)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/plans: filing does not indicate a 10b5-1 plan or special tax-withholding; no footnotes provided in the excerpt
• Timeliness: Filed May 7, 2026 for May 6, 2026 trades — appears timely under Form 4 reporting rules

Context

• For retail investors: purchases by directors can be seen as a positive signal, but this stake was modest in dollar size (~$12k) relative to institutional holdings. These were routine open-market buys rather than derivative exercises or gifts, and the filing provides no additional plan or motivation details.