Did Lamar Smith buy Markit stock?

Common questions

Did Lamar Smith buy Markit stock?

Yes. Lamar Smith disclosed 2 purchases and 1 sale of Markit (MRKT) stock between Feb 18, 2015 and Mar 22, 2016, in STOCK Act reports. Added together, the disclosed purchases come to $2K-$30K and the disclosed sales to $1K-$15K.

How big were Lamar Smith's Markit 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 $1K-$15K.

Did Lamar Smith make these Markit 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 Markit 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 Apr 12, 2016. 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.