BEN Congressional Stock Trades

Coldpine has parsed 17 disclosed trades in $BEN by 3 members of Congress, drawn from 14 periodic transaction reports dated Oct 2, 2023 through Apr 13, 2026. That is 16 trades from House members and 1 trade from senators, filed 13 by Democrats and 4 by Republicans.

Of the 17 trades with a known filing lag, 1 was reported more than 45 days after the trade date, outside the window the STOCK Act sets. The median lag was 28 days. The longest was 116 days: a $BEN purchase by Alan Armstrong dated Mar 27, 2026, disclosed Jul 21, 2026. How late filing is measured across all of Congress is in the late-filers study.

13 of the 14 trades that list an account holder (93%) were reported under a spouse, dependent child, or joint account rather than the member directly.

Rohit Khanna filed the most $BEN purchases (10), and Rohit Khanna the most sales (3).

Activity peaked in 2025 with 7 trades. The busiest single month was September 2025, when 2 different members disclosed $BEN trades.

Across the 11 purchases Coldpine can price, $BEN moved +6.59% on average between the trade date and the disclosure date, against +2.80% for the S&P 500 over the same windows. The stock was higher at disclosure than at the trade in 64% of those purchases. That is a record of what already happened, not a forecast. Method: what stocks do before Congress discloses.