Transparency

Rep. Brad Schneider's 2020-2022 House filings reported four Trupanion stock sales 67 to 506 days after the STOCK Act deadline, by the dates printed on the reports

Confidence: Confirmed · 5 sourcesIllinois · Oct 12, 2026

Subject of this story

Brad Schneider, U.S. Representative, IL-10

Also named

Oversight

U.S. House Committee on Ethics

What happened

Three periodic transaction reports filed with the Clerk of the House by Rep. Brad Schneider list four sales of Trupanion stock that were reported after the STOCK Act deadline, which is 30 days after notification and no later than 45 days after the transaction. The reports are: filed Dec 9, 2020, a joint-account sale dated Aug 12, 2020 (89 days past deadline); filed Mar 17, 2022, a joint-account sale dated Dec 10, 2021 (67 days); and filed Aug 13, 2022, two sales owned by a spouse's family investment partnership, dated Feb 8, 2021 and Dec 7, 2021, for which the report gives an Aug 8, 2022 notification date (506 and 204 days). Lateness is computed from the dates printed on the reports and the Clerk's filing dates. Business Insider reported on Mar 23, 2022 that Schneider disclosed his December 2021 trades about two months past the deadline. His spokesperson, Maggie Harden, told Insider: "Representative Schneider inadvertently did not hit the 'submit' button when entering a stock transaction in December. He discovered the error last week and immediately submitted the data and paid the associated late fee. The mistake has now been fully resolved." Insider reported that the standard late fee is $200, that the House Ethics Committee does not make fee payments public, and that Harden declined to say how much Schneider paid or provide proof of payment. The reports do not show whether a late fee was assessed or waived for the 2020 or August 2022 filings, and no public statement about those two reports was found.

Sources (5)

U.S. House Clerk - Periodic Transaction Report, Hon. Bradley S. Schneider, Filing ID #20017832Trupanion, Inc. (TRUP) [ST] S (partial) 08/12/2020 08/12/2020 $250,001 - $500,000 ... Digitally Signed: Hon. Bradley S. Schneider, 12/09/2020

U.S. House Clerk - Periodic Transaction Report, Hon. Bradley S. Schneider, Filing ID #20020104Trupanion, Inc. (TRUP) [ST] S (partial) 12/10/2021 12/10/2021 $50,001 - $100,000 ... Digitally Signed: 03/17/2022

U.S. House Clerk - Periodic Transaction Report, Hon. Bradley S. Schneider, Filing ID #20021496Trupanion, Inc. (TRUP) [ST] S (partial) 02/08/2021 08/08/2022; S 12/07/2021 08/08/2022 ... Digitally Signed: 08/13/2022

Business Insider (via Yahoo Finance), Democratic Rep. Brad Schneider of Illinois violated a conflicts-of-interest law with late stock-trade disclosures. His office blames a missed mouse click. (Mar 23, 2022)"Representative Schneider inadvertently did not hit the 'submit' button when entering a stock transaction in December," spokesperson Maggie Harden told Insider in a statement. "He discovered the error last week and immediately submitted the data and paid the associated late fee. The mistake has now been fully resolved."

5 U.S.C. 13105(l) (STOCK Act periodic transaction report deadline)Not later than 30 days after receiving notification of any transaction required to be reported ... but in no case later than 45 days after such transaction ...

Response

Brad Schneider

Statement given

Contacted and responded — exact wording not on record.

What happened next (0)

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