Earl John 4

What Happened
Earl John, President of Keystone Private Income Fund, purchased 30,590.395 shares on April 1, 2026 at $98.07 per share, a transaction valued at approximately $3,000,000. The transaction is reported as a purchase (code P), which is typically more informative for investors than routine sales.

Key Details

• Transaction date: April 1, 2026; reported on Form 4 filed April 17, 2026 (appears later than the typical 2-business-day Form 4 deadline).
• Price and size: 30,590.395 shares at $98.07 per share — total ≈ $3,000,000.
• Shares owned after transaction: Not specified in the provided filing summary.
• Notable footnotes from the filing:
  • F1: Subscription dated April 1, 2026 used NAV pricing as of April 1; NAV was finalized on April 17, 2026.
  • F2: Mr. Earl disclaims beneficial ownership of shares held by RWE Investments LLC, Earls Gate Investments LLC, and Earls Gate Investments II, LLC, except to the extent of his pecuniary interest.
  • F3: Includes 1,402.396 Class Z shares acquired via the issuer’s dividend reinvestment plan (March 14, 2026 through report date).
  • F4: Includes 97.41 Class Z shares via the dividend reinvestment plan (same period).
  • F5: Includes 229.072 Class Z shares via the dividend reinvestment plan (same period).

Context
The purchase was made by subscription with NAV-based pricing (pricing date April 1, finalized April 17). Dividend reinvestment plan (DRIP) shares noted in the footnotes are smaller additional acquisitions and are common for fund investors. The late filing (transaction reported 16 days after the trade) is a procedural point investors may wish to note; late filings do not change the economic nature of the purchase but can affect the timeliness of public disclosure.