A CISO purchase surfaced 469 days later
A 500,000-share CISO purchase arrived 469 days after the trade.
Debra Lou Smith, identified as Chief Financial Officer, disclosed the purchase on September 25, 2026. The trade date was June 13, 2025.
The disclosed amount was roughly $480,000, based on 500,000 shares at $0.96 each.
The STOCK Act requires members of Congress to disclose trades within 45 days. This filing came 424 days past that deadline. The standard penalty for a late filing is $200.
That works out to plenty of time for the paperwork to get comfortable.
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Source: official House/Senate financial disclosure filings
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