Rep. Julia Letlow has filed a Periodic Transaction Report disclosing a purchase of American International Group, Inc. New Common Stock (AIG), according to records filed with the U.S. House of Representatives. The transaction was made by the member of Congress personally, and it is held through a Merrill Lynch Investment Account (#025).
The disclosure lists a transaction date of February 24, 2025, with a dollar value range between $1,001 and $15,000, the standard bracket used in STOCK Act reporting rather than an exact purchase price. Under our internal classification system, this filing is tagged as a ‘congress buy,’ meaning it reflects an acquisition of shares rather than a sale.
A Filing Well Past the 45-Day Window
One notable detail in this disclosure is timing. The STOCK Act requires members of Congress to report qualifying transactions within 45 days of being notified of the trade. In this case, the report was filed 168 days after the February 24 transaction date, well beyond that statutory window. The filing itself does not explain the reason for the delay, and no explanation is offered here, this article simply notes the gap between the transaction date and the disclosure date as recorded in the public filing.
Late disclosures of this kind are not uncommon across Congress and are documented in the public record without any implication of wrongdoing. The STOCK Act’s reporting requirement exists to create transparency around potential conflicts of interest, not to serve as a judgment on the underlying trade itself.
AIG, the insurance and financial services company, is a widely held stock across institutional and individual portfolios alike, and appears periodically in disclosures from a range of market participants, not just members of Congress. Readers tracking how large institutional holders position themselves around similar names may also want to look at our coverage of Capital World Investors: 13F Portfolio Moves Tracked Quarterly, which follows quarterly institutional filings for comparison.
As with all Periodic Transaction Reports, the amount range disclosed here is a bracket rather than a precise figure, and the filing does not include additional context such as the reasoning behind the purchase or any related account activity. WhoIsBuyingNow.com will continue to track future disclosures from Rep. Letlow and other members of Congress as they are filed, noting timing details such as this one where they are part of the public record.