Rep. Tim Walberg (R-Mich.) has disclosed a purchase of Chevron Corporation common stock (CVX) in a jointly-held account with his spouse, according to a Periodic Transaction Report filed with the U.S. House of Representatives. The transaction is dated February 7, 2025, and is valued between $15,001 and $50,000, the standard range bracket used in STOCK Act disclosures rather than an exact dollar figure.
The filing lists the trade as a purchase, which whoisbuyingnow.com classifies as a congress buy signal. The account is described as jointly held, meaning the position is attributed to both Rep. Walberg and his spouse rather than to the member alone.
A Disclosure Well Past the 45-Day Window
Under the STOCK Act, members of Congress are required to report covered securities transactions within 45 days of becoming aware of them. In this case, the report was filed 476 days after the February 7, 2025 transaction date, well beyond that statutory window. We note this delay factually, as part of the public record, without speculating about why the filing was submitted late.
Periodic Transaction Reports are self-filed disclosures, and the amount ranges, dates, and account structures reported are exactly as submitted by the member’s office. Nothing in the filing indicates any determination of wrongdoing; the STOCK Act’s disclosure requirement exists to create a public paper trail of trading activity by federal officeholders and their families, not to allege improper conduct.
Chevron is a large-cap energy company with a broad institutional and retail shareholder base, so a purchase in this size range represents a modest addition relative to the company’s overall market capitalization. Readers interested in how large institutional holders approach energy and other sectors on a broader scale can compare this individual disclosure against quarterly-tracked portfolio moves, such as our coverage of Berkshire Hathaway Inc: 13F Portfolio Moves Tracked Quarterly, which follows a different kind of filing but offers a useful point of comparison for how holdings data becomes public with varying degrees of lag.
Whoisbuyingnow.com will continue tracking Periodic Transaction Reports as they are filed with the House and Senate, noting both the underlying trade details and the timeliness of each disclosure. As with all STOCK Act filings, the report reflects a legal disclosure obligation rather than any judgment on the merits or motivations behind the trade itself.