A newly filed disclosure shows Hon. Tim Walberg, a member of the U.S. House of Representatives, reported a purchase of L3Harris Technologies, Inc. Common Stock (LHX) in a jointly-held account shared with his spouse. The transaction was valued between $15,001 and $50,000, according to the Periodic Transaction Report filed under the STOCK Act.
The report lists a transaction date of February 7, 2025. Under the STOCK Act, members of Congress and their spouses are required to disclose stock transactions within 45 days of execution. In this case, the filing was submitted 476 days after the transaction occurred, well beyond the statutory window.
What the Filing Shows
The disclosure identifies the asset as L3Harris Technologies, Inc. Common Stock, traded under the ticker LHX. L3Harris is a major U.S. defense and aerospace technology contractor, with business lines spanning communications systems, space technology, and electronic warfare. The transaction is categorized as a purchase, and the account is described as jointly held, meaning it is attributed to both Rep. Walberg and his spouse rather than to either individually.
The disclosed value range of $15,001 to $50,000 is the standard bracket used in STOCK Act reporting, which requires only a range rather than an exact dollar figure. Whoisbuyingnow.com classifies this filing as a ‘congress buy’ signal, reflecting that the disclosed transaction represents an acquisition of shares rather than a sale.
Context on the Reporting Delay
The STOCK Act was enacted to give the public timely visibility into the financial holdings of federal lawmakers, based on the 45-day disclosure requirement. A gap of 476 days between the transaction date and the filing date means the information was made public more than a year after the trade took place. This report notes that gap as a factual matter of record; it does not speculate on why the filing was delayed or draw any conclusion about intent.
Late filings under the STOCK Act are not uncommon and are typically addressed through administrative processes rather than legal penalties in most cases. The existence of a delayed disclosure does not, by itself, indicate wrongdoing or a violation of law beyond the reporting timeline itself.
Readers interested in tracking congressional trading activity can view this filing alongside other disclosures to compare timing, asset classes, and account structures across members of Congress. As with all STOCK Act disclosures, this report reflects a legal requirement for transparency and should not be interpreted as investment guidance or as an evaluation of any individual’s financial decisions.