# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0000894189-26-003626
**Filing Date:** 2026-2
**Character Count:** 2411
**Document Hash:** 36bef836de0ae90c7e0605eff2d3de6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-003626.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0000894189-26-003626

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-172080
- **FILM NUMBER:** 26627301

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Kensington Hedged Premium Income ETF (Series ID: S000087366)

---

|  |  |  |
|:---|:---|:---|
| Class Name                           | Ticker Symbol | Class ID   |
| Kensington Hedged Premium Income ETF | KHPI          | C000253083 |

---

## Series and Classes Contracts Data

### Kensington Hedged Premium Income ETF (Series ID: S000087366)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000253083 | Kensington Hedged Premium Income ETF | KHPI            |

Filed Pursuant to Rule 497(e)

Registration Nos. 333-172080; 811-22525

**Kensington Hedged Premium Income ETF** 

(the "Fund")

**Supplement dated February 12, 2026, to the** 

**Statement of Additional Information ("SAI")** 

**dated April 30, 2025, as supplemented**

The Board of Trustees of Managed Portfolio Series (the "Trust"), on behalf of the Fund, regrets to inform Fund shareholders that Leonard Rush, Chairman of the Board and Audit Committee Chairman of the Trust, has passed away.

Mr. Rush brought a unique perspective to the Board because of the various roles he held in the investment community, including his substantial industry experience serving in several different senior executive roles at various global financial services firms. The Trust will miss his extensive leadership skills and the clear guidance he brought to the Trust's Board.

Accordingly, all references to Mr. Rush are removed from the SAI.

\*\*\*\*\*\*\*

**Please retain this Supplement with your SAI.**

<br>