John Hancock Marathon Asset-Based Lending Fund — Manulife 10% Owner Buys Stock

What Happened
Manulife Private Credit Plus Fund, listed as a 10% owner, purchased 438,596.491 shares of John Hancock Marathon Asset-Based Lending Fund on 2025-12-01 at $20.52 per share, for a total transaction value of $9,000,000. This was a purchase (transaction code P), which is a direct acquisition rather than a sale.

Key Details

• Transaction date: 2025-12-01
• Price per share: $20.52
• Shares acquired: 438,596.491
• Total value: $9,000,000
• Transaction type/code: Purchase (P) — noted as open market or private purchase in the filing
• Shares owned after transaction: Not reported in the provided filing excerpt
• Filing date: 2026-08-25 (the Form 4 was filed late relative to the 2025-12-01 transaction) — late filing reduces timeliness of disclosure

Context
As a 10% owner, Manulife Private Credit Plus Fund is an institutional holder, not an individual executive; such institutional purchases often reflect portfolio allocation decisions rather than insider sentiment. The late filing means investors received this disclosure several months after the trade, which can limit its usefulness for timely market decisions.