Week of 2026-07-07

Three executive-branch trades surfaced this week — a small sell by the Health secretary, a late-filed presidential divestiture, and a transit official's purchase of a British food-services company.

The Big Picture

This week's batch is modest in size: three disclosures from officials at the departments of Health and Human Services, Transportation, and the White House. All three trades fall in the smallest disclosed dollar range, $1,001 to $15,000. There were no conflict-of-interest flags in this set, but one trade arrived at the disclosure office well past the STOCK Act's 45-day deadline.

This Week's Notable Trades

Donald J. Trump, President (White House Office)

• Disclosed a sale of a $1,001–$15,000 position in Union Pacific Corp on January 12, 2026. The filing was submitted May 14, 2026 — 122 days after the trade, nearly three times the legal window.

Robert F. Kennedy Jr., Secretary (Department of Health and Human Services)

• Disclosed a sale of a $1,001–$15,000 position in Nike, Inc. (NKE). The filing was submitted May 9, 2025. The trade date recorded in the official filing appears anomalous (a likely data-entry error), so the disclosure date is used here in place of a trade date.

Nuria Fernandez, Administrator, Federal Transit Administration (Department of Transportation)

• Disclosed a purchase of a $1,001–$15,000 position in Compass Group PLC (CMPGY), a British contract food-services and facilities company, on June 29, 2023. The filing was submitted the following day.

By the Numbers

• Total trades disclosed: 3
• Buys: 1 | Sells: 2
• Most active agencies: Department of Health and Human Services (1), White House Office (1), Department of Transportation (1)
• Top sector sold: Consumer Cyclical (1 trade — Nike)
• Potential conflict-of-interest flags: 0
• Late filings this batch: 1 — President Donald J. Trump (Union Pacific Corp, 122 days late)

Late to File

Under the STOCK Act, officials must disclose a trade within 45 days of the transaction. This batch contained one late filing: President Donald J. Trump disclosed a sale of Union Pacific Corp on May 14, 2026 — 122 days after the January 12, 2026 trade date.

All-time: Across all executive-branch filings on record, 88.2% — 27,363 of 31,015 total — arrived outside the 45-day window. The officials with the most late filings on record are Donald J. Trump (21,795), Mitchell M. Zais (284), Nuria Fernandez (278), Gina M. Raimondo (206), and Eric S. Lander (203). Late filing is a disclosure-timing matter and is not, by itself, evidence 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.