Phelan Kenneth J 4

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.