Manufacturers Life Reinsurance Ltd 4
Research Summary
AI-generated summary
John Hancock GA Mortgage Trust: Manufacturers Life Reinsurance Ltd Buys $13M
What Happened
Manufacturers Life Reinsurance Ltd, reported as a 10% owner of John Hancock GA Mortgage Trust, purchased 710,616.823 shares on 2026-07-15 at a reported price of $18.29 per share, for a total of approximately $12,999,314. The transaction is coded P (purchase) and was made via an open market or private purchase.
Key Details
- Transaction date: 2026-07-15; Filing date: 2026-07-17 (filed timely).
- Reported price: $18.29 per share; reported shares: 710,616.823; reported total ≈ $12,999,314.
- Shares owned after the transaction: Not disclosed in the Form 4.
- Footnote: The filing states the per‑share price and share count are approximate due to timing of the fund’s NAV determination (Footnote F1).
- Transaction code: P = Purchase (open market or private purchase).
Context
This filing reflects an institutional (10% owner) purchase rather than an executive or director trade. Institutional purchases can signal increased ownership by a large holder but do not by themselves reveal the buyer’s motivation. No indication of late filing or derivative activity was reported.
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