Phelan Kenneth J 4

What Happened Kenneth J. Phelan, a director of John Hancock Tax-Advantaged Dividend Income Fund (HTD), acquired 415.151 shares via an open market/private purchase on 2026-01-26 at an indicated price of $24.09 per share, for a reported total of $10,001. This transaction is a purchase (coded "P") — an acquisition of shares rather than a sale.

Key Details

• Transaction date and price: 2026-01-26 at $24.09 per share (415.151 shares).
• Reported value: $10,001 (approximate).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: The filing includes F1 — the share count and/or price are approximate because the Fund's net asset value determination timing prevents precise share/price calculation at filing time.
• Filing timeliness: Form filed 2026-01-27 for a 2026-01-26 transaction — appears to be timely (within reporting window).

Context This is a relatively small director purchase (about $10k). Insider purchases can attract attention because they represent direct buying by a company insider, but a single, modest-sized purchase should be interpreted cautiously and does not by itself indicate a major change in company prospects.