An SPCX purchase appeared 159 days after the trade

A roughly $1.17 million SPCX purchase took 159 days to reach disclosure.
Shotwell Gwynne, listed as a director and officer serving as President and COO, disclosed the purchase of 138,900 SPCX shares at $8.40 each. The reported value was approximately $1,166,732.
The trade date was April 18, 2026. The disclosure date was September 24, 2026.
That works out to a 159 day lag, or 114 days beyond the STOCK Act’s 45 day disclosure deadline. The standard penalty for a late filing is $200.
For scale, the disclosed purchase amount was about 5,800 times the standard late filing penalty. Paperwork has its own exchange rate.
Source: official House/Senate financial disclosure filings
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All facts from official disclosure filings; disclosures can lag the trade by weeks. Not investment advice — decide for yourself.
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