Manufacturers Life Reinsurance Ltd 4
Research Summary
AI-generated summary
John Hancock GA Senior Loan Trust: Manufacturers Life Reinsurance Buys Shares
What Happened
Manufacturers Life Reinsurance Ltd, reported as a 10% owner, acquired 999,002.371 shares of John Hancock GA Senior Loan Trust in an open market/private purchase on 2026-03-13. The filing lists a per-share figure of $16.02 and a total value of $15,999,922. This was a purchase (an acquisition rather than a sale).
Key Details
- Transaction date: 2026-03-13; Report filed: 2026-03-17.
- Reported execution: Purchase (code P). Reported price: $16.02 per share; reported shares: 999,002.371; reported total value: $15,999,922.
- Shares owned after transaction: Not specified in the information provided here (see the SEC filing for ending holdings).
- Footnote: The filing notes the figure is approximate (F1) — due to timing of the fund's NAV determination the exact price per share and resulting share count could not be finalized at filing.
- Timeliness: Filing date is shown as 2026-03-17 for a 2026-03-13 trade; check the full Form 4 for any late-filing indicator (transactionTimeliness = 'L').
Context
- This is institutional trading by a 10% owner, not an insider executive. Such purchases can be informative but do not convey a manager's personal view.
- The F1 footnote means the reported share count/value is approximate because the fund's NAV and exact share allotment were still being determined at filing time.