Rick Larsen
Rick Larsen (D-WA) sold $1K-$15K of $AXP (American Express Company Common Stock (AXP) [ST]) on Apr 7, 2026, part of 11 transactions in this filing (4 buys, 5 sells).
HillSignal flagged 5 timing concerns on this filing — trades that line up closely with related legislative or contract activity.
Companies in this filing · 10
Price Movement Since Trade
How the largest positions have moved from the trade date to the most recent close.
Showing the 6 largest positions. See every transaction in the table below.
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See the full trade breakdown, suspicious timing flags, and how this filing connects to active legislation.
Get Free Access →Suspicious Timing Detected
5 flagsRick Larsen bought $1,001 - $15,000 in $NEE on 2026-04-07, 6 days before HR8248, the "Grid Expansion and Reliability Act," which aims to streamline electric transmission facility construction.
Rick Larsen bought $1,001 - $15,000 in $NEE on 2026-04-07, 8 days before S3192, the "REDUCE Act," which mandates Transmission Organizations to allow aggregated resources.
Rick Larsen bought $1,001 - $15,000 in $NEE on 2026-04-07, 9 days before HR8330, a bill seeking to protect energy companies from liability related to product use.
Rick Larsen sold $1,001 - $15,000 in $AXP on 2026-04-07, 12 days after S4244, the "Protect Your Points Act of 2026," was introduced.
Rick Larsen sold $1,001 - $15,000 in $AXP on 2026-04-07, 21 days after SJRES129, a joint resolution re-establishing state authority over credit reporting, was introduced.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
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All Transactions
| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| BUY | $CARR | Carrier Global Corporation Common Stock (CARR) [ST] | $1K-$15K | $55.44 | $69.91 | +26.1% | Apr 7, 2026 |
| BUY | $CASY | Caseys General Stores, Inc. - Common Stock (CASY) [ST] | $1K-$15K | $741.82 | $895.14 | +20.7% | Apr 7, 2026 |
| BUY | $NEE | NextEra Energy, Inc. Common Stock (NEE) [ST] | $1K-$15K | $93.67 | $85.99 | -8.2% | Apr 7, 2026 |
| BUY | $WAB | Westinghouse Air Brake Technologies Corporation Common Stock (WAB) [ST] | $1K-$15K | $256.05 | $265.20 | +3.6% | Apr 7, 2026 |
| SELL | $AXP | American Express Company Common Stock (AXP) [ST] | $1K-$15K | $307.03 | $325.44 | +6.0% | Apr 7, 2026 |
| SELL | $AWK | American Water Works Company, Inc. Common Stock (AWK) [ST] | $1K-$15K | $135.37 | $126.31 | -6.7% | Apr 7, 2026 |
| SELL | $BR | Broadridge Financial Solutions, Inc. Common Stock (BR) [ST] | $1K-$15K | $159.90 | $144.87 | -9.4% | Apr 7, 2026 |
| EXCHANGE | $CHTR | CNL Healthcare Properties Inc (widely held) [OT](Other) | $1K-$15K | $215.88 | $145.82 | -32.5% | Mar 31, 2026 |
| SELL | $PAYX | Paychex, Inc. - Common Stock (PAYX) [ST] | $1K-$15K | $91.61 | $100.63 | +9.8% | Apr 7, 2026 |
| SELL | $SNDA | Sonida Senior Living, Inc. Common Stock (SNDA) [ST] | $1K-$15K | $32.02 | $35.05 | +9.5% | Apr 7, 2026 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
To amend the Federal Power Act and the Natural Gas Act with respect to the enforcement of certain provisions, and for other purposes.
HR8423 is an early-stage enforcement bill introduced April 21, 2026, that expands FERC’s authority to prohibit violators of anti-manipulation rules from trading electric energy, financial transmission rights, and transmission services, and adds a false information prohibition to the Natural Gas Act. As a referred committee bill with no hearings, markup, or companion Senate legislation, it carries minimal near-term market impact. The DPA memoranda signed April 20, 2026—which provide federal backing for grid, gas, and large-scale energy projects—are structurally separate from this enforcement bill and are not merged into this analysis. Real market data shows 7-day gains in midstream and LNG tickers (e.g., $KMI +3.12%, $ET +5.24%, $WMB +5.65%, $LNG +6.69%, $TRGP +7.66%) consistent with DPA-driven investment sentiment, not any pending legislative enforcement change.
Grid Expansion and Reliability Act
HR8248 (Grid Expansion and Reliability Act) would allow self-certification to FERC for transmission lines in NIETCs, bypassing state siting barriers. The bill is early-stage (referred to committee) and authorizes no funds, but the regulatory streamlining is net bullish for transmission equipment manufacturers ($ETN) and utilities with large FERC-jurisdictional transmission capex ($AEP, $WEC). Real market data shows these names up 1-7% over the past week on broader utility tailwinds.
Third-Party Certification and Inspection Modernization Act of 2026
HR8431 is an early-stage bill that would expand the FDA's accredited third-party certification program for food safety audits. With zero funding authorization and no direct causal chain to any publicly traded company at this stage, it has no near-term market impact.
REDUCE Act
The REDUCE Act (S.3192) mandates RTOs/ISOs accept demand-side aggregation bids, structurally suppressing peak power prices. Bearish for merchant generators in RTOs ($NEE, $AEP) but neutral for primarily regulated utilities ($WEC, $PCG). The bill is in early hearing stage with low near-term market impact. $NEE and $AEP trade near their 52-week highs, reflecting current market optimism despite this legislative risk.
Protect Your Points Act of 2026
The Protect Your Points Act of 2026 (S.4244) targets airline loyalty program revenue by banning point expiration, mandating free transfers, and requiring real-time value disclosure. The bill is in early stages with a single Democratic sponsor, but if enacted, it would directly erode breakage income and transfer fee revenue for major airlines ($AAL, $UAL, $DAL, $LUV) while imposing IT compliance costs. Co-brand card issuers $COF and $AXP face indirect operational uncertainty but no direct revenue hit. Current stock prices reflect broader sector trends, not yet discounting this bill's risk.
DATA Act of 2026
HR8400 (DATA Act of 2026) is an early-stage bill with minimal legislative momentum—only two cosponsors and no committee hearings. It would exempt newly islanded consumer-regulated electric utilities from FERC jurisdiction, but has no direct financial impact on any major publicly traded utility. Passage probability is negligible in the near term.
To require developers of AI-focused data centers to disclose certain information before the AI-focused data centers are developed, and for other purposes.
HR8488 is an early-stage procedural bill requiring AI data center developers to disclose location, power, water, and supply chain details before construction. It has no funding, no enforcement, and is referred to committee. The bill's direct market impact on NVDA ($200.59), AMD ($347.62), and SMCI ($27.11) is neutral — it adds regulatory friction but no near-term revenue change for any ticker analyzed.
RECOVER Act of 2026
The RECOVER Act of 2026 (HR8386) is a narrow Medicare payment fix that eliminates the 50% multiple therapy service reduction starting January 1, 2027. The bill is in early-stage committee referral with no near-term market impact. There is no identifiable pure-play public company whose primary revenue stream is directly and measurably affected by this single Medicare rate adjustment. The five DPA energy memoranda issued on the same date are a different policy domain and are not analyzed here per fact-check rules.
Providing for consideration of the bill (H.R. 4690) to amend the Energy Conservation and Production Act to repeal certain Federal building energy efficiency performance standards, and for other purposes; providing for consideration of the resolution (H. Res. 1182) expressing support for rural communities across the United States as stewards of the environment, major suppliers of United States energy resources, critical providers of food production and manufacturing capacity, and drivers of national economic stability, and recognizing the work of the House of Representatives in the 119th Congress in support of those vital communities; providing for consideration of the bill (H.R. 1897) to amend the Endangered Species Act of 1973 to optimize conservation through resource prioritization, incentivize wildlife conservation on private lands, provide for greater incentives to recover listed species, create greater transparency and accountability in recovering listed species, streamline the permitting process, eliminate barriers to conservation, and restore congressional intent; and providing for consideration of the bill (H.R. 5587) to amend the Geothermal Steam Act of 1970 to waive the requirement for a Federal drilling permit for certain activities, to exempt certain activities from the requirements of the National Environmental Policy Act of 1969, and for other purposes.
H.Res. 1189 is a procedural rule passed by the House on April 22, 2026, by a narrow 211-206 vote. It sets the terms for debate on four separate energy and environmental bills but authorizes zero funds, creates no mandates, and has no direct market impact. No actionable market analysis is possible for retail investors based on this resolution alone.
To prohibit liability against those engaged in the mining, extraction, production, refinement, transportation, distribution, marketing, manufacture, or sale of energy for damages or injunctive or other relief from the use of their products, and for other purposes.
HR8330, introduced April 16, 2026 and referred to the House Judiciary Committee, proposes a broad liability exemption for all energy companies across the full hydrocarbon value chain. The market has already been accumulating energy equities over the past 7 trading sessions, with refiners MPC (+9.97%) and PSX (+8.79%) leading sector gains, suggesting institutional recognition of this pro-energy regulatory trajectory. Combined with the April 20 DPA determinations and recent presidential permits for Enbridge, the administration is building a comprehensive policy floor for energy infrastructure investment.
Other Filings by Rick Larsen
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Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.