Rep. Val T. Hoyle recently sold shares. She sold stock in The Progressive Corporation. This is the insurance company, NYSE:PGR. The sale was valued between $1,000 and $15,000. She filed this disclosure in April 2024. The actual sale happened in March 2024. This kind of sale is part of standard lawmaker disclosures.
Politicians must report their stock trades. This keeps things open for you. It helps you see what your elected officials are doing. Are you interested in politician’s finances?
Rep. Hoyle’s Progressive Stock Sale
Rep. Val T. Hoyle is a U.S. Representative. She represents Oregon’s 4th district. Her financial forms show the stock sale. She sold shares in Progressive Corporation. This is a big insurance company. She filed her report on April 22, 2024. The trade occurred on March 21, 2024.
This sale was not very large. It falls into a common range. Many lawmakers report similar amounts. What does this mean for you?
Here are the key details of the sale:
- Who: Rep. Val T. Hoyle
- What: Sold Progressive (PGR) stock
- When (Trade Date): March 21, 2024
- When (Filing Date): April 22, 2024
- Value: Between $1,000 and $15,000
The stock ticker for Progressive is PGR. You can find out more about The Progressive Corporation here. They are well-known for car insurance.
Why Lawmakers Disclose Stock Trades
Lawmakers must follow strict rules. These rules are about financial transparency. They must report stock trades quickly. This helps stop insider trading. It builds public trust. You deserve to know this information.
The STOCK Act sets these rules. STOCK means “Stop Trading on Congressional Knowledge.” It was passed in 2012. This law makes disclosures mandatory. It aims for fairness in the market.
Every member of Congress reports trades. They file these reports electronically. This information is public. You can check it yourself. It helps keep them accountable. Want to see more? You can explore Congressional stock filings.
Rep. Hoyle’s sale is typical. It fits the disclosure requirements. It shows regular portfolio management. It is part of her public financial record. This keeps you informed.
Does this transparency matter to you? Many people think it is very important.
