Rep. Michael A. Rulli (R-OH) reported a sale of Apple stock 371 days after the transaction date, according to a disclosure filed with the House. The STOCK Act gives lawmakers 45 days to report trades, making this filing more than 10 months overdue.
The slowest trade in the filing was a sale of AAPL executed on June 25, 2026, but not reported until July 1, 2027. Rulli also reported two earlier Apple trades, both within the same filing: a buy on Aug. 1, 2025, and a sell on Oct. 27, 2025.
The Trades
- Aug. 1, 2025 – Buy, $1K–$15K, self
- Oct. 27, 2025 – Sell, $1K–$15K, self
- Jun. 25, 2026 – Sell, $1K–$15K, self
Combined value of the three trades is roughly $24,000. Rulli has reported 32 career trades since taking office in 2025.
The June 2026 sale is the outlier. The 371-day gap between execution and disclosure exceeds the STOCK Act's 45-day window by 326 days. The earlier trades in the same filing also came late, but by smaller margins.
Rulli sits on the House Energy and Commerce Committee and the House Education and Workforce Committee. His Energy and Commerce subcommittee assignments include Health and Oversight and Investigations, which gives him jurisdiction over technology, health data, and consumer product safety. Apple, as a maker of consumer electronics and a provider of digital services, falls squarely within that oversight remit.
The disclosure does not indicate whether the delay was an oversight or a clerical error. The STOCK Act allows the House Ethics Committee to fine members for late filings, but enforcement has been sporadic. Rulli's office did not respond to a request for comment.
Apple is the most-traded stock among lawmakers. 192 members have reported trades in the company, according to our database. The stock closed at $306.32, within its 52-week range of $223.78 to $344.57.
Rulli is not the only member to file late. The latest congressional trades page shows a pattern of delays across both parties. But 371 days is on the extreme end, and it raises the question of whether the 45-day rule has any teeth.
For now, the record shows a freshman lawmaker on a tech-oversight committee sold Apple stock and told the public about it more than a year later.