A newly filed Periodic Transaction Report shows Hon. Richard Dean Dr McCormick, a member of the U.S. House of Representatives, sold shares of Emerson Electric Company Common Stock (EMR) on July 30, 2026. The transaction was made by the Congressman himself and was reported in the $1,001 to $15,000 range, the smallest disclosure bracket required under the STOCK Act.
According to the filing, the EMR position was held through a Growth Partners Roth IRA. STOCK Act disclosures do not require members of Congress to state a reason for a transaction, and none is listed here. The filing simply confirms that a sale occurred, the approximate dollar range involved, and the account through which the asset was held. Our internal tracking classifies this event as a ‘congress sale’ signal, meaning it reflects a disclosed reduction in a member’s reported holdings rather than any judgment about the merits of the trade.
A Notable Timing Overlap
What makes this filing worth flagging is its proximity to another disclosed EMR transaction. Company insider Jennifer Newstead also reported selling shares of Emerson Electric on August 3, 2026, just days after McCormick’s own reported sale date and within the same 30-day window. Newstead’s transaction was recorded with a $0 value in the disclosure data available to us.
Insider sales by corporate executives and congressional trading disclosures are governed by entirely separate reporting regimes, one under SEC insider-trading rules and the other under the STOCK Act. There is no indication in the available records that these two transactions are connected, coordinated, or based on shared information. Overlapping sale dates involving the same ticker can happen for many unrelated reasons, including routine portfolio rebalancing, tax planning, or scheduled trading plans. Readers should treat the timing overlap as a data point worth noting, not as evidence of any wrongdoing by either party.
Periodic Transaction Reports like this one exist specifically so that the public can see when members of Congress buy or sell securities while in office. The law requires disclosure within 30 to 45 days of a transaction, and filings like McCormick’s are part of the routine compliance process rather than an unusual event. As more data becomes available, whoisbuyingnow.com will continue tracking whether this sale fits into a broader pattern of activity involving EMR or other holdings tied to Rep. McCormick’s disclosed accounts.
No further transactions involving this specific asset have been disclosed by the Congressman as of this report.