A Periodic Transaction Report filed with the U.S. House of Representatives shows that Rep. Valerie Hoyle’s spouse sold shares of LPL Financial Holdings Inc. (LPLA) on April 2, 2025. The transaction was valued between $1,001 and $15,000 and was held through a Fidelity Rollover IRA.
The sale falls under whoisbuyingnow.com’s ‘congress sale’ classification, meaning the disclosed transaction represents a divestment of a publicly traded asset by a member of Congress or their immediate family, in this case the spouse of Rep. Hoyle, who represents Oregon’s 4th congressional district.
A Delayed Disclosure
Under the STOCK Act, members of Congress and their spouses are required to disclose covered securities transactions within 45 days of the trade. In this instance, the April 2 sale was not reported until well past that window. Based on the filing details provided, the disclosure came 162 days after the transaction date, a period more than triple the statutory deadline.
The filer’s own explanatory notes attached to the report state that the transaction was ‘inadvertently omitted from PTR filed on 9/12/25,’ and that this amended filing was submitted to correct that omission. The notes further state that ‘filer and filer’s spouse no longer hold any stocks’ and that ‘all stocks were sold in 2025.’
This report does not suggest any violation of law or ethics rules on its own. Late amendments and corrections to Periodic Transaction Reports are not uncommon among members of Congress, and the STOCK Act’s disclosure regime is designed to create transparency around these trades rather than to restrict them. Members and their spouses remain free to buy and sell securities like any other investor, provided the trades are properly disclosed.
What the Filing Tells Us
The report identifies LPL Financial Holdings Inc., a financial services and brokerage firm listed under the ticker LPLA, as the asset sold. The transaction was executed by Rep. Hoyle’s spouse rather than by the member herself, and the holding was maintained in a retirement account rather than a personal brokerage account. According to the filer’s statement, this sale was part of a broader liquidation of stock holdings completed in 2025.
No additional details about the rationale for the sale, the purchase price, or the resulting gain or loss are included in the public filing. Readers interested in the full record can consult the original disclosure filed with the U.S. House of Representatives.