Phelan Kenneth J 4
4 · JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
John Hancock Financial Opportunities (BTO) Director Kenneth Phelan Buys $10K
What Happened
Kenneth J. Phelan, a director of John Hancock Financial Opportunities Fund (ticker: BTO), purchased 269.569 shares on January 26, 2026 in an open market or private purchase. The reported price was $37.10 per share for a total transaction value of approximately $10,001. This filing reports a purchase (transaction code P).
Key Details
- Transaction date: 2026-01-26 (reported on Form 4 filed 2026-01-27) — filing appears timely.
- Transaction: Open market or private purchase (P) — 269.569 shares at $37.10; total ≈ $10,001.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: The share and/or price figures are approximate due to timing of the fund’s NAV determination (F1).
- No 10b5-1 plan, option exercise, gift, or tax-withholding notes were reported.
Context
This is a small-dollar purchase in a closed-end fund; purchases by insiders can be of interest to investors but do not by themselves prove future performance. For closed-end funds like BTO, NAV timing can make the exact number of shares or price approximate, as noted in the filing.
Insider Transaction Report
- Purchase
Common Shares of Beneficial Interest
[F1]2026-01-26$37.10/sh+269.569$10,001→ 269.569 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.