Phelan Kenneth J 4
Research Summary
AI-generated summary
John Hancock Diversified Income Fund (HEQ) Dir. Kenneth Phelan Buys 905 Shares
What Happened
Kenneth J. Phelan, a director of John Hancock Diversified Income Fund (ticker: HEQ), acquired 905 shares in an open-market/private purchase on January 27, 2026. The transaction is reported at $11.10 per share for a total of approximately $10,046. This was a purchase (transaction code P), which investors often view as a more informative signal than routine insider sales.
Key Details
- Transaction date: 2026-01-27
- Transaction type: Open market or private purchase (Code P)
- Shares purchased: 905 at $11.10 reported per share
- Reported total value: $10,046 (approx.)
- Shares owned after transaction: Not disclosed in this filing
- Footnote: F1 — the reported figure is approximate; due to timing of the fund’s NAV determination, the precise per-share price and resulting share count could not be determined at filing time.
- Filing timeliness: Reported on the same date (timely filing)
Context
For mutual fund/ETF insiders, reported purchase amounts can be approximate when NAV is still being finalized — see footnote F1. This transaction is a straight purchase (not an option exercise, gift, or tax-related withholding). As always, insider purchases indicate that an insider added stock, but they should be considered alongside other information before making investment decisions.