Earl John 4

What Happened
Earl John, President of Keystone Private Income Fund, acquired 15,216.068 shares on February 1, 2026, at $98.58 per share for a total of $1,500,000. The Form 4 lists the transaction as a purchase (code P) and the filing describes the acquisition as a subscription priced at the fund's NAV.

Key Details

• Transaction date: February 1, 2026; Price: $98.58 per share; Shares acquired: 15,216.068; Total value: $1,500,000.
• Filing date (accession): February 20, 2026 — 19 days after the transaction. Footnote F1 states the subscription was dated Feb 1 but NAV per share pricing was finalized on Feb 19, 2026.
• Shares owned after the transaction: not specified in the excerpt provided.
• Notable footnotes:
  • F1: Subscription dated Feb 1; NAV pricing finalized Feb 19 (explains delay in pricing/filing timing).
  • F2: Mr. John disclaims beneficial ownership of shares held by related LLCs except to the extent of his pecuniary interest.
  • F3–F5: References to small amounts of Class Z shares (167.389; 68.633; 161.40) acquired via the issuer’s dividend reinvestment plan from Jan 24 through the report date.

Context
This was a direct purchase/subscription (a purchase is typically viewed as a more informative signal than a sale). The filing was posted well after the trade date; the filing includes a footnote explaining that NAV pricing was finalized only on Feb 19, which appears to be the reason for the delayed reporting. No options, gifts, or immediate sales were reported in the provided excerpt.