Form 4: John Hancock Preferred Income Fund II Director Acquires Shares

Sentiment:

SEC Form 4 Filing


Director Thomas Rowe Wright purchased 715 common shares of John Hancock Preferred Income Fund II on April 8, 2025, at a price of $15.3899 per share.

Summary

  • On April 8, 2025, Thomas Rowe Wright, a director of John Hancock Preferred Income Fund II, acquired 715 common shares of the fund.
  • The shares were purchased at a price of $15.3899 per share.
  • This transaction was reported on a Form 4 filing with the SEC.
  • A power of attorney is in place, authorizing individuals such as Thomas Dee to act on behalf of Thomas R. Wright for Section 16(a) filings.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.

Industry Context

This is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder confidence, as it signals that a director is investing in the company's stock.

Key Dates

DateDescription
2024/07/29Date of execution for the Limited Power of Attorney for John Hancock Closed-End Funds Common Shares Section 16(a) Filings.
2025/04/08Date of transaction: Thomas Rowe Wright acquired 715 common shares.
2025/04/09Date of signature on the Form 4 filing.

Keywords

Form 4, Director, Share Acquisition, HPF, John Hancock Preferred Income Fund II, Thomas Rowe Wright

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