Form 4: John Hancock Preferred Income Fund III Director Executes Transaction
SEC Form 4 Filing
Director Thomas Rowe Wright reports the acquisition and disposal of common shares of beneficial interest in John Hancock Preferred Income Fund III on April 8, 2025.
Summary
- On April 8, 2025, Thomas Rowe Wright, a director of John Hancock Preferred Income Fund III, engaged in a transaction involving the fund's common shares of beneficial interest.
- Wright acquired 794 shares at a price of $13.7873 per share.
- Wright also disposed of 794 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is a common occurrence for publicly traded companies and funds. It provides transparency to investors regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of execution of the Limited Power of Attorney for John Hancock Closed-End Funds Common Shares Section 16(a) Filings. |
| 04/08/2025 | Date of transaction: acquisition and disposal of common shares of beneficial interest. |
| 04/09/2025 | Date of signature on the Form 4 report. |
Keywords
Form 4, Section 16a, Director, Thomas Rowe Wright, John Hancock Preferred Income Fund III, HPS, Common Shares, Beneficial Interest, Acquisition, Disposition
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