Derek Schmidt: No Disclosed Stock Trades

Derek Schmidt Stock Trading Disclosures

Derek Schmidt, the Republican representing Kansas's 2nd Congressional District, has no disclosed securities transactions in Quantellect's database. As of August 22, 2026, his profile shows zero purchases, zero sales, and zero other reportable transactions attributed to him, a spouse, a dependent child, or jointly held property since his current term began on January 3, 2025. That is not an anomaly. Among the 537 sitting members of Congress tracked in our database, 276, including 237 of the 437 sitting House members, show zero disclosed trades as of that date. Schmidt sits squarely within that majority.

The absence of disclosed activity is itself the finding. In the August 22, 2026 snapshot, 237 of 437 sitting House members carry no disclosed transaction record, a reminder that active trading disclosures are not a universal feature of congressional financial reporting. House rules exclude several categories from Periodic Transaction Reports, including purchases or sales of mutual funds and exchange-traded funds, transactions involving assets within excepted investment funds, and transactions involving assets in qualified blind trusts or excepted trusts. The rules also state that no PTR is due when there are no reportable transactions, although certain transactions may still need to appear on an annual financial disclosure. Those distinctions are set out in the House Committee on Ethics financial disclosure instruction guide. Against that framework, Schmidt falls within the group of House members with zero disclosed trades in Quantellect's data on the measurement date.

What the disclosure system would show if activity existed

When a covered purchase, sale, or exchange involves stocks, bonds, or other securities belonging to a House member, spouse, or dependent child, a transaction exceeding $1,000 generally must be reported on a PTR; a transaction involving jointly held property can be identified with the joint attribution code. Under the Stop Trading on Congressional Knowledge (STOCK) Act of 2012, the filing is due no later than the earlier of 30 days after the filer becomes aware of the transaction or 45 days after the transaction itself. The House guide requires the filing to identify the asset, transaction type, transaction date, and category for the gross transaction amount rather than an exact dollar figure. The transaction date is distinct from the date the disclosure is filed. Quantellect also captures attribution, distinguishing transactions associated with the member, a spouse, jointly held property, or a dependent child. Because Schmidt's record contains no transactions, none of that structure has anything to populate. There is no attribution breakdown to report, no sector activity to observe, and no transaction-frequency pattern to compare with an earlier period.

A separate Quantellect Score is also absent from Schmidt's profile. As of the latest published scoring date, August 21, 2026, the scoring table includes 76 members, 73 of whom are currently sitting members. The separate sitting-member population measured on August 22, 2026 is 537. No score row exists for Schmidt in the latest published table, so there is no score, tier, coverage state, or cohort rank to report for him.

For a reader trying to size up how a member like Schmidt fits into the broader landscape of congressional trading, the useful comparison is with other members who also have no disclosed transaction activity. As of August 22, 2026, 237 of the 437 sitting House members in Quantellect's database show zero disclosed trades. Schmidt's record places him in that group. Should that change, this profile will update when a future filing records a transaction attributed to Schmidt, his spouse, a dependent child, or jointly held property. It will report the transaction date, the security involved, the disclosed amount range, and the attribution exactly as the filing states them.

Derek Schmidt represents Kansas's 2nd Congressional District as a Republican. His current House term runs from January 3, 2025 through January 3, 2027. Through August 22, 2026, the transaction record available to Quantellect shows no securities trading activity attributed to Schmidt personally, a spouse, a dependent child, or jointly held property during that term.

Disclosure and methodology note

This Quantellect profile is built from congressional financial disclosure data filed under the STOCK Act and interpreted using the House Committee on Ethics financial disclosure instruction guide cited above. A disclosed transaction may be attributed to the member, a spouse, a dependent child, or jointly held property, and attribution is reported only as supported by the underlying filing. This page reflects Quantellect's transaction data as of August 22, 2026. A zero-transaction record establishes that no reportable securities transactions appear in the dataset for the stated period; it does not identify why no PTR activity appears or permit conclusions about assets or transactions outside PTR requirements. The absence of a Quantellect Score means only that no score row exists for Schmidt at the latest published scoring date.