Rep. Ro Khanna’s household moved roughly $32,000 in and out of shares of AXTA, the industrial coatings manufacturer, over a four-week stretch beginning in late February.
Financial disclosures show a cluster of four transactions in Axalta Coating Systems Ltd., a $5.9 billion company listed on the New York Stock Exchange. The trades, each valued between $1,000 and $15,000, occurred between Feb. 23 and March 18.
- Feb. 23, 2026 — Buy (DC), $1,000–$15,000
- Feb. 23, 2026 — Buy (Self), $1,000–$15,000
- Feb. 24, 2026 — Sell (Spouse), $1,000–$15,000
- March 18, 2026 — Buy (Spouse), $1,000–$15,000
In total, the disclosed value of the transactions is estimated at approximately $32,000, based on midpoint calculations. The activity reflects both direct trades by the California Democrat and transactions attributed to a dependent child and spouse.
Axalta shares are trading at $27.59, near the lower end of their 52-week range of $26.28 to $35.72. The stock has drifted closer to its annual low in recent months, a period marked by uneven industrial demand and persistent questions about global manufacturing growth.
The February purchases came as the stock hovered just above its 52-week bottom. A day after the initial buys, Khanna’s spouse reported a partial sale. Less than a month later, the household re-entered the stock with another purchase.
Axalta manufactures coatings used in automotive, industrial and refinish applications — a business closely tied to global auto production and broader capital spending trends. While Khanna does not sit on committees directly regulating the chemicals sector, he serves on the House Armed Services Committee and the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. Both panels routinely examine U.S. industrial capacity and supply chain resilience, including manufacturing inputs critical to defense and transportation.
Khanna is also a member of subcommittees covering Cyber, Information Technologies, and Innovation, as well as Seapower and Projection Forces, giving him visibility into the broader defense industrial base. Coatings manufacturers like Axalta supply materials used in military vehicles and equipment, though the company is primarily known for its commercial and automotive exposure.
The Silicon Valley lawmaker has been one of the more active traders in Congress, with 17,672 career transactions disclosed. Four lawmakers in total have reported trading Axalta shares, according to congressional filings.
Under the STOCK Act, members of Congress are required to disclose stock transactions within 45 days, a rule designed to provide public transparency into lawmakers’ financial activity. Khanna’s AXTA trades were reported in accordance with those requirements and are now part of the public record alongside other latest congressional trades.
The timing suggests the household may have been accumulating shares during a period of price weakness. Whether the March purchase signals renewed conviction or routine portfolio management remains unclear from the disclosures alone, which provide transaction ranges rather than precise figures.
For now, the activity adds Axalta to a long list of individual equities that have appeared in Khanna’s periodic trading reports — underscoring the continued scrutiny on how members of Congress and their families navigate the markets while serving in office.