Congress Edition
Week of 2026-06-08
Fifty-two trades were disclosed this week, led by a New Jersey congressman's sizeable Microsoft options activity and a notable cluster of filings covering trades made more than a year ago.
The Big Picture
Fifty-two congressional stock trades were disclosed in the week ending June 8, 2026, with Democrats accounting for 30 disclosures and Republicans for 22. Technology dominated both directions — it was the most-purchased sector and the most-sold — reflecting continued congressional appetite for large-cap tech names. A significant feature of the week was the surfacing of trades from as far back as February 2025, filed well past the STOCK Act's 45-day disclosure deadline.
This Week's Notable Trades
Josh Gottheimer (D-NJ)
- Disclosed buying Microsoft Corp (MSFT) stock options in the $500,001–$1,000,000 range on May 19, while simultaneously disclosing a sale of Microsoft Corp (MSFT) options in an equal range on the same date; when a member buys and sells options in the same company on the same day, it often signals an exercise or rollover of an existing position rather than a straightforward new trade.
- Also disclosed a second matched pair of Microsoft Corp (MSFT) options — a buy and a sell, each in the $250,001–$500,000 range — also dated May 19, making Microsoft the dominant name in his disclosures this week by a wide margin.
- Disclosed buying Lumentum Holdings Inc (LITE), Twilio Inc (TWLO), Palo Alto Networks Inc (PANW), and Advanced Micro Devices Inc (AMD), each in the $1,001–$15,000 range, while selling Intuit Inc (INTU), AbbVie Inc (ABBV), and Abbott Laboratories (ABT) in similar ranges.
Tim Walberg (R-MI)
- Disclosed 14 trades dated February 7, 2025, filed this week — 482 days after the trade date and far beyond the STOCK Act's 45-day limit; the purchases span a wide range of companies including Apple Inc (AAPL), Boeing Co (BA), Bank of America Corp (BAC), Caterpillar Inc (CAT), Exxon Mobil Corp (XOM), Chevron Corp (CVX), and L3Harris Technologies Inc (LHX), among others, individually ranging from $1,001 to $50,000.
- Potential conflict: Rep. Walberg sits on the House Committee on Natural Resources, which has jurisdiction over federal energy and land-use policy; his disclosed purchases of Exxon Mobil Corp (XOM) and Chevron Corp (CVX) — two major U.S. oil and gas producers — represent a potential overlap between his committee responsibilities and these investments.
Sheldon Whitehouse (D-RI)
- Disclosed selling NVIDIA Corporation (NVDA) in the $100,001–$250,000 range on May 8; NVIDIA is the dominant maker of chips used in artificial-intelligence systems, a sector of active legislative interest in Washington.
- Also disclosed selling Oracle Corp (ORCL) in the $15,001–$50,000 range on May 7, rounding out a week of tech-sector trimming.
Christian Menefee (D-TX)
- Disclosed selling Pinterest Inc (PINS) across three transactions: a $15,001–$50,000 sale on May 28 and two earlier sales — in the $1,001–$15,000 and $15,001–$50,000 ranges — from February 17 and February 23, respectively, both disclosed well past the 45-day limit.
- Also disclosed selling Berkshire Hathaway Inc — the diversified holding company run by Warren Buffett, with stakes in dozens of major American businesses — in multiple positions across the $1,001–$50,000 range, with February 10, 2026 trade dates disclosed more than 100 days late.
Kevin Hern (R-OK)
- Disclosed exchange transactions in Coterra Energy Inc (CTRA) and Devon Energy Corp (DVN), each in the $15,001–$50,000 range, both dated May 8; an "exchange" in STOCK Act filings typically refers to shares received through a corporate event such as a merger or conversion, rather than an open-market purchase.
By the Numbers
- Total trades disclosed: 52
- Party split: Democrats, 30 disclosures; Republicans, 22
- Most-bought sector: Technology (12 purchases); most-sold sector: Technology (6 sales)
- Runner-up sectors bought: Industrials (6), Energy (3)
- Most active member: Rep. Josh Gottheimer (D-NJ), with 20 disclosures
- Potential conflicts flagged: 2
Most significant potential conflicts:
- Rep. Tim Walberg (R-MI) — purchases of Exxon Mobil Corp (XOM) and Chevron Corp (CVX) while serving on the House Committee on Natural Resources, which oversees federal energy policy.
Late to File
Under the STOCK Act, members must disclose a trade within 45 days. This week's filings included a large number of late disclosures.
Rep. Tim Walberg (R-MI) filed 14 trades from February 7, 2025, all 482 days late — Apple Inc (AAPL), Amazon.com Inc (AMZN), Boeing Co (BA), Bank of America Corp (BAC), Caterpillar Inc (CAT), Chevron Corp (CVX), Eaton Corp PLC (ETN), Exxon Mobil Corp (XOM), FS Specialty Lending Fund (FSSL), Jacobs Engineering Group Inc (J), L3Harris Technologies Inc (LHX), Lockheed Martin Corp (LMT), Under Armour Inc (UAA), and Wells Fargo & Co (WFC). A separate Under Armour Inc (UAA) sale from February 10, 2026 was also filed late, at 114 days.
- Rep. Daniel Webster (R-FL) — Rexford Industrial Realty Inc (REXR), 461 days late
- Rep. Christian Menefee (D-TX) — Berkshire Hathaway Inc (three positions), 112 days late
- Rep. Christian Menefee (D-TX) — Pinterest Inc (PINS), 105 days late
- Rep. Christian Menefee (D-TX) — Pinterest Inc (PINS), 99 days late
Late disclosure is a timing compliance matter and does not indicate wrongdoing.
All-time: Of 21,150 total STOCK Act filings tracked in this dataset, 2,444 — or 11.6% — have been filed late; the members with the most all-time late filings are Rep. Sheri Biggs (171), Rep. Julia Letlow (136), Rep. Valerie Hoyle (114), Sen. Thomas H. Tuberville (105), and Rep. Patrick Fallon (89).
The Fine Print
Data derived from public STOCK Act disclosures. Disclosure date is not the trade date (filings lag 30-45 days). Dollar figures are disclosed ranges, not exact amounts. Conflict-of-interest flags are heuristic "potential overlaps," not assertions of wrongdoing. Not investment advice.