Phelan Kenneth J 4

What Happened Kenneth J. Phelan, a director of John Hancock Income Securities Trust (JHS), made an open-market purchase of 725 shares on 2026-01-27. The reported price was $11.78 per share, for a total transaction value of approximately $8,541. This was a purchase (insider buying), which many investors consider a more informative signal than routine sales.

Key Details

• Transaction date: 2026-01-27
• Transaction type/code: Open market/private purchase (P)
• Reported price and amount: 725 shares at $11.78 each; total ≈ $8,541
• Shares owned after transaction: Not disclosed in the filing
• Footnote: The filing includes a footnote stating the figure is approximate — due to timing of the fund’s NAV determination, the exact price per share and corresponding share count couldn’t be finalized at filing time (see F1).
• Filing timeliness: Reported on 2026-01-27 (same day), so appears timely.

Context This transaction is a straightforward insider purchase of fund shares. For closed-end funds like JHS, director purchases are routine insider disclosures and can reflect personal investment in the fund, but filings do not state the insider’s motivation. The footnote means the reported share count/price may be approximate due to net asset value timing.