Back
Nancy Pelosi Reports $69 Million in Stock Transactions, Including $50 Million Apple Sale

Nancy Pelosi Reports $69 Million in Stock Transactions, Including $50 Million Apple Sale

The disclosure includes major sales of Apple, Nvidia, and Disney shares, alongside a new long-term Alphabet call option purchase.

Summary

Nancy Pelosi revealed approximately $69 million in stock trades, led by a $50 million sale of Apple shares. Additional sales included $5 million in Nvidia and $5 million in Disney. The disclosure also showed the purchase of $500,000 in long-term Alphabet call options, known as LEAPS (Long-Term Equity Anticipation Securities).

Terms & Concepts
  • LEAPS (Long-Term Equity Anticipation Securities): Long-term call or put options with expiration dates up to three years in the future, often used to gain extended exposure to a stock.
  • Call Option: A financial contract giving the holder the right, but not the obligation, to buy a stock at a specified price before a certain date.
  • Financial Disclosure: A public report detailing the financial transactions or holdings of officials, intended to ensure transparency and avoid conflicts of interest.