MARATHON ASSET MANAGEMENT LP 4

What Happened

• Marathon Asset Management LP, reported as a 10% owner, disposed of 50,125.313 Class I shares of John Hancock Marathon Asset-Based Lending Fund (NA) on 2026-03-31. The shares were redeemed by the issuer at $19.95 per share, for a total value of approximately $1,000,000. This was a disposition via issuer redemption (not an open-market sale).

Key Details

• Transaction date and price: 2026-03-31 at $19.95 per share.
• Shares transacted: 50,125.313 shares; total value ≈ $1,000,000.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — Reflects the redemption of Class I Shares by the Issuer.
• Transaction code: J (other acquisition or disposition) — here used for an issuer redemption.
• Filing timeliness: The Form 4 was filed 2026-05-15 for a 2026-03-31 transaction (late filing).

Context

• This was an institutional redemption by a 10% owner, not an executive open-market sale; such redemptions are often routine and do not necessarily signal insider sentiment about the fund’s prospects.