A new Periodic Transaction Report filed with the U.S. House shows Paul Pelosi, spouse of Rep. Nancy Pelosi, exercised call options on Alphabet Inc. Class A shares (GOOGL) on January 16, 2026. The transaction is disclosed in the $500,001 to $1,000,000 range and is logged in our system as a congress buy.
According to the filer’s own description, the options were ’50 call options purchased 1/14/25 (5,000 shares) at a strike price of $150 with an expiration date of 1/16/26.’ In plain terms, the contracts were bought roughly a year before the exercise date, locking in the right to purchase 5,000 GOOGL shares at $150 apiece. That strike was exercised on the exact day the options were set to expire, converting the derivative position into a direct equity stake just before it would have lapsed worthless or been settled.
What the Filing Shows
STOCK Act disclosures require members of Congress and their spouses to report transactions like this within 45 days, and this report follows that standard format. The document lists Nancy Pelosi as the member, GOOGL as the asset, and identifies the transaction as a purchase made by her spouse. No other details about the rationale for the trade, the couple’s broader Alphabet holdings, or any related account activity are included in the filing.
The exercise date lining up with the option’s expiration date is notable mainly as a matter of timing mechanics rather than strategy commentary. Options nearing expiration are commonly either exercised, sold, or allowed to expire, and the filing simply confirms which path was taken here. Because the underlying contracts were purchased over a year earlier, the eventual exercise reflects a decision made well in advance of this reporting period, not a same-day trading call.
Congressional trading in large technology names has drawn attention on this site before. Our recent coverage of Rep. David Taylor’s GOOGL purchase days after an insider sale touched on how member transactions in Alphabet stock often follow closely behind or ahead of other notable market activity, though each filing stands on its own and reflects only what is legally required to be disclosed.
As with all Periodic Transaction Reports, this filing is a disclosure of an already-completed transaction, not a recommendation or signal about future stock movement. Readers interested in the raw filing details, including the original PDF, can consult the House’s official financial disclosure database for the complete document.