Manulife Private Credit Plus Fund: John Hancock (10% Owner) Sells 110,165 Shares

What Happened

• John Hancock Life & Health Insurance Company, listed as a 10% owner, sold 110,165.248 shares of Manulife Private Credit Plus Fund on March 31, 2026. The shares traded at $19.97 each, for a total proceeds of roughly $2,200,000. This was a sale (S) reported as an open market or private sale.

Key Details

• Transaction date and price: 2026-03-31 at $19.97 per share.
• Shares sold: 110,165.248; proceeds ≈ $2,200,000.
• Filing date: Form 4 filed 2026-08-25 (the filing/reporting date is months after the transaction).
• Post-transaction holdings: The Form 4 states the reporting person now holds less than 10% of the issuer and is no longer subject to Section 16 reporting; exact post-sale holdings are not disclosed on the filing.
• Notes: The filing was submitted to report that the reporting person’s stake fell below the 10% threshold, removing ongoing Section 16 obligations.

Context

• John Hancock Life & Health is an institutional 10% owner, not an individual executive. Such institutional sales often reflect portfolio or fund-management decisions rather than insider views on the company’s near-term prospects. The filing itself indicates a change in reporting status (no longer subject to Section 16).