HTD (HTD) director Kenneth J. Phelan reports purchase of roughly 415 fund shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
John Hancock Tax-Advantaged Dividend Income Fund director Kenneth J. Phelan reported buying common shares of the fund. On 01/26/2026, he purchased approximately 415.151 common shares of beneficial interest at an approximate price of $24.09 per share, resulting in beneficial ownership of about 415.151 shares held directly.
The filing notes that both the price per share and the exact number of shares are approximate because the fund’s net asset value, used to determine the final purchase details, was not yet available when the report was submitted.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 415.151 shares ($10,001)
Net Buy
1 txn
Insider
Phelan Kenneth J
Role
Director
Bought
415.151 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 415.151 | $24.09 | $10K |
Holdings After Transaction:
Common Shares of Beneficial Interest — 415.151 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HTD director Kenneth J. Phelan report?
HTD director Kenneth J. Phelan reported buying common shares of beneficial interest. On 01/26/2026, he purchased approximately 415.151 shares, increasing his directly held beneficial ownership to about 415.151 shares, according to the Form 4 filing.
What does the Form 4 footnote say about the HTD transaction figures?
The footnote states that the share count and price are approximate. Because the fund’s net asset value determines final allocations, the exact price per share and number of HTD shares could not be precisely calculated at the time of the Form 4 filing.
Is Kenneth J. Phelan a 10% owner of John Hancock Tax-Advantaged Dividend Income Fund (HTD)?
The Form 4 identifies Kenneth J. Phelan as a director of HTD but not a 10% owner. The box for 10% owner is not checked, while the director box is selected, clarifying his relationship to the fund.