Rep. Rulli discloses 22 late STOCK Act trades worth up to $480k
Rep. Michael A. Rulli disclosed 32 trades, 22 of which violated the STOCK Act’s 45-day deadline. The trades, valued up to $480k, date back to November 2024 and focus heavily on tech giants like Nvidia and Meta. Rep. Julie Johnson also faced criticism for late filings totaling $1.1 million, which her opponent cited in a successful re-election challenge.
*this image is generated using AI for illustrative purposes only.
Rep. Michael A. Rulli (R-Ohio) recently disclosed 32 stock trades, with 22 of those transactions filed after the 45-day disclosure window mandated by the STOCK Act. The late filings cover a period from November 2024 to August 6, 2026, and include trades valued at up to $480k.
The disclosure marks the first time Rulli has reported his trades since joining Congress in 2024. According to data from Quiver Quantitative, Rulli is worth $26.9 million. Insiderwave highlighted the violations on social media, noting that some trades dated back nearly two years.
Trade Composition
Among the stocks traded by Rulli over the last two years are six of the seven Magnificent Seven names, along with other popular tickers. The portfolio includes:
- Apple Inc (NASDAQ: AAPL)
- Amazon.com Inc (NASDAQ: AMZN)
- Meta Platforms (NASDAQ: META)
- Alphabet (NASDAQ: GOOGL)
- Microsoft Corporation (NASDAQ: MSFT)
- Nvidia Corporation (NASDAQ: NVDA)
- Micron Technology (NASDAQ: MU)
- Palantir Technologies (NASDAQ: PLTR)
Of the Magnificent Seven names, Alphabet, Nvidia, and Meta appear to be current favorites, with recent purchases made in 2026 and no recent sales recorded.
What the Numbers Show
The concentration of Rulli’s trading activity in large-cap technology stocks, specifically six of the Magnificent Seven, suggests a portfolio heavily weighted toward high-growth tech sectors. With recent purchases in Alphabet, Nvidia, and Meta in 2026 and no corresponding sales, the data indicates an accumulation phase in these specific holdings rather than a balanced rotation strategy.
Other Violations
Rep. Julie Johnson (D-Texas) also faced scrutiny for STOCK Act violations. Her recent disclosure included transactions totaling up to $1.1 million in buys and sales, with dates ranging from May 7, 2025, to December 2025. Johnson, who lost her re-election bid against Colin Allred, had previously promised to sell her personal stock holdings to avoid conflicts of interest.
Johnson’s spokesperson, Chelsea Roe, told NOTUS that the late filings were corrections for transfers between accounts to complete divestment in 2025. While final sales were made within the required timeframe, the transfers were not. Allred used Johnson’s trading history, particularly trades around President Donald Trump’s “Liberation Day,” in campaign messages to suggest she profited from companies doing business with the Trump administration.
Will Congress propose stricter enforcement mechanisms or automatic penalties for STOCK Act violations following the scrutiny of Reps. Rulli and Johnson?
How might the continued accumulation of Magnificent Seven stocks by lawmakers influence market sentiment regarding tech sector stability and insider confidence?
Could Rep. Julie Johnson’s late filings impact the political landscape in Texas, particularly regarding public trust in her successor, Colin Allred?
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