Phelan Kenneth J 4
4 · JOHN HANCOCK PREFERRED INCOME FUND II · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
John Hancock HPF Director Kenneth Phelan Buys 618 Shares
What Happened
Director Kenneth Phelan reported an open-market purchase of 618.108 shares of John Hancock Preferred Income Fund II (ticker: HPF) on January 26, 2026. The filing lists a per-share price of $16.18 and a total transaction value of approximately $10,001. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-01-26 (open-market purchase, code P)
- Price and size: 618.108 shares at $16.18 per share; total reported ≈ $10,001
- Shares owned after transaction: not disclosed in this filing
- Footnote: The reported figure is approximate — due to the timing of the fund's NAV determination, the exact price per share and resulting share count could not be finalized at filing (Footnote F1).
- Timeliness: Report filed 2026-01-27 for a 2026-01-26 transaction (filed promptly)
Context
This filing reports a straightforward stock purchase by a director (not a derivative, option exercise, or gift). Director purchases can be of interest to retail investors as a signal of confidence, but they are one data point among many; the filing itself does not state the insider’s motive.
Insider Transaction Report
- Purchase
Common Shares of Beneficial Interest
[F1]2026-01-26$16.18/sh+618.108$10,001→ 618.108 total
Footnotes (1)
- [F1]This figure is approximate. Due to the timing of the Fund's determination of its net asset value, the price per share, and the number of shares of the Fund that corresponds to, or held as a result of, the purchase cannot be determined at the time of this filing.