A new Periodic Transaction Report filed with the U.S. House of Representatives shows Hon. Richard Dean Dr McCormick sold shares of Cisco Systems, Inc. (CSCO) on July 30, 2026. The transaction, valued between $1,001 and $15,000, was made by the member of Congress personally and was executed through a Growth Partners Roth IRA, according to the disclosure filed under the STOCK Act.
The STOCK Act requires members of Congress to publicly disclose stock transactions above a certain threshold within a set window of time, giving the public visibility into potential financial interests that may intersect with legislative activity. A filing of this kind is not an accusation of wrongdoing; it is a legally mandated disclosure. Our internal classification tags this filing as a straightforward congress sale.
A Notable Timing Overlap With Insider Selling
What makes this filing worth flagging is its proximity to activity inside Cisco itself. Company insider Tuszik Oliver also sold CSCO shares, offloading a much larger stake worth $381,966 on August 10, 2026 — within 30 days of Rep. McCormick’s own reported sale. Insider disclosures and congressional disclosures are filed under entirely separate regulatory regimes and for different reasons, but when both a sitting lawmaker and a company insider report selling the same stock within a short window, it’s the kind of pattern that draws attention on trading-disclosure trackers like this one. There is no indication in the public record that the two transactions are connected, and the dollar amounts involved are vastly different in scale.
Cisco has been a recurring name in congressional trading disclosures. Earlier this year, we covered another CSCO-related filing involving a lawmaker’s family member; you can read that report here: Rep. Linda Sanchez’s Child Sold Cisco (CSCO) Stock, Filed Late. Taken together, these filings illustrate how often CSCO shows up across both congressional portfolios and retirement accounts held by lawmakers or their households.
As with all Periodic Transaction Reports, the disclosed amount is a range rather than an exact figure, a standard feature of STOCK Act reporting meant to protect precise financial details while still giving the public a general sense of scale. Readers should treat the $1,001–$15,000 band as an estimate rather than a specific sale price.
Whoisbuyingnow.com will continue monitoring CSCO-related filings from both Congress and corporate insiders to track whether this timing overlap develops into a broader pattern or remains an isolated coincidence.