Did Michael Simpson buy FBT stock?

Common questions

Did Michael Simpson buy FBT stock?

Yes. Michael Simpson disclosed 2 purchases and 1 sale of FBT (FBT) stock between Jan 8, 2015 and Feb 2, 2016, in STOCK Act reports. Added together, the disclosed purchases come to $2K-$30K and the disclosed sales to $15K-$50K.

How big were Michael Simpson's FBT trades?

STOCK Act reports give a range for each trade, such as $15K-$50K, never an exact amount. Added together, the disclosed purchases come to $2K-$30K and the disclosed sales to $15K-$50K.

Did Michael Simpson make these FBT 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 Michael Simpson still own FBT 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 Michael Simpson report these trades?

The latest filing is dated Mar 15, 2017. 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.