Week of 2026-07-20
Fifty-one congressional stock trades were disclosed this week, marked by a sweeping sell-off across sectors and a cluster of late filings — all attributable to a single House member.
The Big Picture
Selling dominated this week's disclosures, with technology stocks the most heavily reduced — members disclosed 11 technology-sector sales against just 3 purchases. Republicans accounted for 44 of the 51 trades filed; Democrats accounted for 7. The most active member this week, Rep. Thomas H. Kean of New Jersey, alone disclosed 15 transactions covering more than a dozen companies.
This Week's Notable Trades
Kevin Hern (R-OK)
- Reported three exchange transactions in Exxon Mobil Corp (XOM) on July 2, each valued in the $100,001–$250,000 range — the largest positions disclosed this week. An "exchange" is a corporate action in which shares are converted or reorganized rather than sold outright for cash; the filing shows three separate lots treated as exchanges.
Tommy Tuberville (R-AL)
- Sold a $15,001–$50,000 position in Lockheed Martin Corp (LMT) on June 8. Lockheed Martin is one of the country's largest defense contractors, producing fighter jets, missiles, and military systems.
- Also disclosed sales during June 8–9 in CSX Corp (CSX) ($15,001–$50,000), The Procter & Gamble Co (PG) ($15,001–$50,000), Mastercard Inc (MA) ($15,001–$50,000), Pfizer Inc (PFE) ($15,001–$50,000), and others — 11 positions in all, spanning defense, utilities, consumer goods, healthcare, and financial companies.
- Potential conflict: Tuberville serves on the Senate Armed Services Committee, which oversees defense procurement and military spending. His sale of Lockheed Martin and of Westinghouse Air Brake Technologies Corp (WAB) ($1,001–$15,000), a maker of freight and military logistics equipment, represents a potential overlap with that committee's jurisdiction.
Thomas H. Kean (R-NJ)
- Sold Alphabet Inc (GOOGL) in two separate transactions — $1,001–$15,000 on June 2 and $15,001–$50,000 on June 24. Alphabet is the parent company of Google, the dominant internet search engine.
- Sold Johnson & Johnson (JNJ) twice (June 2 and June 29, $1,001–$15,000 each) and sold Stryker Corp (SYK) on June 2 ($1,001–$15,000). Johnson & Johnson makes pharmaceuticals and consumer health products; Stryker makes surgical equipment and implants.
- Bought EQT Corp (EQT) on June 1 ($1,001–$15,000), a natural gas exploration and production company based in Pennsylvania. Kean was the most active disclosing member this week with 15 total transactions.
- Potential conflict: Kean serves on the House Energy and Commerce Committee, which has jurisdiction over energy, telecommunications, and healthcare. His sales of Alphabet (internet and digital services) and Johnson & Johnson (healthcare), and his purchase of EQT Corp (natural gas), all involve sectors under that committee's oversight.
Dan Crenshaw (R-TX)
- Bought options on Meta Platforms Inc (META) on April 28 ($1,001–$15,000), then sold those same options on May 5. He also sold Meta stock outright on June 1 ($1,001–$15,000). A stock option is a contract giving the holder the right to buy or sell shares at a set price by a certain date — not an outright stock purchase. Meta Platforms is the parent company of Facebook and Instagram.
- On June 1, also sold Alphabet Inc (GOOGL) ($1,001–$15,000), Apple Inc (AAPL) ($1,001–$15,000), and Amazon.com Inc (AMZN) ($1,001–$15,000), while buying United States 3X Oil ETF (USOU) ($1,001–$15,000). The USOU is an exchange-traded fund designed to deliver three times the daily price movement of crude oil — a short-term, high-risk instrument. All eight of Crenshaw's trades this week were late disclosures; see the Late to File section below.
- Potential conflict: Crenshaw sits on the House Energy and Commerce Committee and the House Permanent Select Committee on Intelligence. His trades in Meta Platforms, Alphabet, and Apple — all large internet and digital-media companies — represent a potential overlap with the Energy and Commerce Committee's jurisdiction over communications and technology.
Byron Donalds (R-FL)
- Sold a $1,001–$15,000 position in Cadence Design Systems Inc (CDNS) on June 5 and a $1,001–$15,000 position in Monolithic Power Systems Inc (MPWR) on June 5. Both companies develop semiconductor chips and chip-design software used in a wide range of electronics.
- Bought a $1,001–$15,000 position in Zoetis Inc (ZTS) on June 9. Zoetis develops medicines and vaccines for companion animals and livestock and is the largest publicly traded animal-health company in the world.
By the Numbers
- Total trades disclosed: 51
- Party split: 44 Republican, 7 Democrat
- Most bought sector: Technology (3 purchases)
- Most sold sector: Technology (11 sales)
- Most active member: Rep. Thomas H. Kean (R-NJ), 15 transactions
- Potential conflicts flagged: 14
Notable potential conflicts this week:
- Sen. Tommy Tuberville (R-AL) sold Lockheed Martin Corp while serving on the Senate Armed Services Committee, which oversees defense spending.
- Rep. Thomas H. Kean (R-NJ) sold Alphabet Inc and Johnson & Johnson and bought EQT Corp while serving on the House Energy and Commerce Committee.
- Rep. Dan Crenshaw (R-TX) traded in Meta Platforms and Alphabet while serving on the House Energy and Commerce Committee.
Late to File
Under the STOCK Act, members must disclose a trade within 45 days of the transaction date. All eight of this week's late filings belong to Rep. Dan Crenshaw (R-TX):
- Dan Crenshaw — Meta Platforms Inc (META), 80 days late
- Dan Crenshaw — Meta Platforms Inc (META), 73 days late
- Dan Crenshaw — Alphabet Inc (GOOGL), 46 days late
- Dan Crenshaw — Apple Inc (AAPL), 46 days late
- Dan Crenshaw — Amazon.com Inc (AMZN), 46 days late
- Dan Crenshaw — Direxion Daily Financial Bull 3X (FAS), 46 days late
- Dan Crenshaw — Meta Platforms Inc (META), 46 days late
- Dan Crenshaw — United States 3X Oil ETF (USOU), 46 days late
All-time: Of 21,651 STOCK Act trades in our database, 2,460 — or 11.4% — were filed late. The five members with the most cumulative late filings are Rep. Sheri Biggs (171), Rep. Julia Letlow (136), Rep. Valerie Hoyle (114), Sen. Tommy Tuberville (105), and Rep. Patrick Fallon (89). Late disclosure is a timing issue under the law, not an accusation of wrongdoing.
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.