A new financial disclosure filed with the U.S. House of Representatives shows Rep. Jefferson Shreve reported the sale of a Brighthouse Buffered Annuity tied to the Russell 2000 Cap Rate, a variable annuity product held through a Registered Index Linked Annuity (RILA) account. The transaction, made personally by the congressman, is dated February 9, 2026.
Congressional stock and asset trades often draw public attention, and search interest around terms like ‘congress members stock’ and ‘can senators trade stocks’ has grown as more Americans track how lawmakers manage their personal portfolios. This latest filing is a reminder that members of Congress are required under the STOCK Act to publicly disclose transactions like this one, regardless of the underlying asset type.
What the Filing Shows
The disclosed amount range for the sale falls between $5,000,001 and $25,000,000, one of the higher reporting brackets used in these periodic transaction reports. Because the STOCK Act requires only a range rather than an exact figure, the true value of the transaction could fall anywhere within that bracket.
In the filer’s own words, the transaction is described as a ‘Buffered Indexed Annuity Exchange.’ That description, combined with the RILA structure, suggests this was not a typical open-market stock sale but rather a move within an insurance-linked annuity product designed to track index performance while limiting downside exposure through built-in buffers.
Whoisbuyingnow.com classifies this disclosure simply as a congress sale, based on the transaction type reported. The filing does not indicate the reason behind the exchange, and periodic transaction reports generally do not include an explanation for why a member chose to sell, buy, or exchange a given asset.
Why This Type of Disclosure Matters
Buffered annuities like this one are less commonly discussed in coverage of congressional trading than individual stocks, but they are still reportable assets under the STOCK Act when they involve a transaction crossing the disclosure thresholds. Reports like this one give the public visibility into the scale and structure of a lawmaker’s financial holdings, even when those holdings sit outside traditional equity markets.
As with all STOCK Act filings, this disclosure reflects a legal reporting obligation rather than any suggestion of wrongdoing. The report simply documents that a transaction occurred, its approximate value range, and how it was categorized by the filer, giving the public a data point for understanding the financial activity of elected officials.