Did Lamar Smith buy Facebook stock?

Common questions

Did Lamar Smith buy Facebook stock?

Yes. Lamar Smith disclosed 2 purchases and 4 sales of Facebook (FB) stock between Jun 2, 2015 and Dec 19, 2018, in STOCK Act reports. Added together, the disclosed purchases come to $2K-$30K and the disclosed sales to $4K-$60K.

How big were Lamar Smith's Facebook trades?

STOCK Act reports give a range for each trade, such as $1K-$15K, never an exact amount. Added together, the disclosed purchases come to $2K-$30K and the disclosed sales to $4K-$60K.

Did Lamar Smith make these Facebook trades personally?

Not always. The STOCK Act requires members to report trades by themselves, a spouse and dependent children. The owner column of each linked filing says whose trade it was.

Does Lamar Smith still own Facebook stock?

This page lists reported trades, not holdings. A purchase can have been sold since, and the filings shown do not say what is held today.

When did Lamar Smith report these trades?

The latest filing is dated Jan 10, 2019. The STOCK Act gives members of Congress 45 days to report a trade, so a filing can trail the trade by weeks. Every row shows both dates.

Where does this data come from?

From periodic transaction reports filed under the STOCK Act with the Clerk of the House. Every trade links to the original filing.