John Hancock Marathon ABL Fund: Hanover Louis Gifts 431,876 Shares
$NA · John Hancock Marathon Asset-Based Lending FundResearch Summary
AI-generated summary of this SEC filing
John Hancock Marathon ABL Fund: Hanover Louis Gifts 431,876 Shares
What Happened
Hanover Louis, identified in the filing as an officer of the sub-advisor and the Chief Investment Officer of Marathon Asset Management, transferred 431,876.15 Class I shares of John Hancock Marathon Asset-Based Lending Fund on 2025-11-03 as a gift. The reported transaction price was $0.00, and the total reported proceeds were $0.00. This was a gift (transaction code G), not an open-market sale or purchase.
Key Details
- Transaction date: 2025-11-03; Filing date (Accession): 2026-08-13 (late filing).
- Transaction type: Gift (G); Shares transferred: 431,876.15 Class I shares; Price per share: $0.00; Total value reported: $0.
- Footnote: Transfer was to a charitable trust in exchange for no payment.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Remarks: Reporting person is CIO of Marathon Asset Management, L.P., the fund's sub-advisor.
Context
Gifts are non-market transactions and do not necessarily reflect the insider's view of the company's prospects; they are often for charitable or estate planning purposes. The filing was submitted many months after the reported transaction date, which reduces the timeliness of disclosure for investors.