A newly filed Periodic Transaction Report shows Rep. Richard Dean Dr McCormick (House) disclosed a sale of Visa Inc. (V) stock on July 30, 2026. The transaction, valued between $1,001 and $15,000, was made personally by the congressman and held through a Growth Partners Roth IRA, according to the filing submitted under the STOCK Act.
The STOCK Act requires members of Congress and certain staff to publicly report transactions in individual stocks, bonds, and other securities within 30 to 45 days of execution. This transparency requirement applies regardless of the size of the trade or the account type used, which is why even a Roth IRA holding shows up in the public disclosure record. Filing a report of this kind is a routine legal obligation, not an indication of any wrongdoing.
A Notable Coincidence in Timing
What makes this disclosure particularly interesting is its timing relative to activity inside Visa itself. Company insider Mahon Tullier Kelly also sold Visa shares on the exact same date, July 30, 2026, in a transaction valued at $4,094,199. That sale, disclosed separately under SEC insider-trading reporting rules, occurred within the same 30-day window as Rep. McCormick’s much smaller Roth IRA sale.
Insider Form 4 filings and congressional STOCK Act disclosures serve different purposes and are governed by different regulatory frameworks, but when both surface around the same date for the same company, it tends to catch the attention of trade-tracking platforms like whoisbuyingnow.com. There is no evidence connecting the two transactions, and the scale difference is stark: McCormick’s sale falls in the lowest disclosed bracket for congressional trades, while Kelly’s sale represents a multimillion-dollar divestment. Still, the overlapping date is the kind of pattern our platform is built to surface for readers who want a fuller picture of trading activity around specific tickers.
Visa Inc. remains one of the most widely held stocks among both institutional investors and individual retail accounts, including retirement vehicles like Roth IRAs. Congressional trading in large, liquid, blue-chip names such as Visa is common, and disclosures involving such stocks often generate less scrutiny than trades in smaller or more thinly traded companies. Even so, tracking these filings alongside insider sales at the same company adds useful context for anyone following how both lawmakers and corporate insiders are positioning themselves relative to a given stock.
Readers should note that a STOCK Act disclosure reflects a transaction that has already occurred and does not represent a recommendation, endorsement, or forecast regarding Visa’s future performance. The filing simply fulfills a federal transparency requirement designed to keep the public informed about the personal financial activity of elected officials.