Frank Pallone, Jr. Stock Trades

The clearest signal in Frank Pallone, Jr.'s disclosure record isn't any single trade. It's the shape of the record itself: twelve transactions disclosed between February 2019 and August 2021, every one of them a sale, and every one of them attributed to a spouse rather than to the congressman personally. There is no purchase anywhere in the disclosed history, and no transaction is attributed to Pallone himself, a joint account, or a dependent child.

The pattern sharpens further when the transactions are grouped by filing date rather than by ticker. Two of the four disclosure filings account for ten of the twelve total transactions, submitted as batches rather than as isolated trades. On August 11, 2021, five sales took place on the same day and were disclosed together on August 16: two sales of Philip Morris International Inc (PM), plus single sales of Chevron Corp (CVX), Citigroup Inc. (C) and Dominion Energy Inc (D). A year earlier, on September 25, 2020, another five-transaction batch was sold and disclosed on October 20: two sales of GE Aerospace (GE) alongside single sales of Texas Instruments Incorporated (TXN), Estee Lauder Companies Inc (EL) and Walt Disney Company (DIS). The earliest activity in the record looks nothing like this. A single Altria Group (MO) sale was disclosed in February 2019, and a single partial sale of Philip Morris was disclosed that April, each filed on its own rather than as part of a larger batch.

A Pattern of Batched Spousal Sales, Not Individual Stock-Picking

By year, the record shows two transactions in 2019, five in 2020 and five in 2021, all classified as sales with none as purchases in any year. Every one of the twelve carries the attribution code SP, meaning the House disclosure identifies these as a spouse's transactions rather than the congressman's own. Under House disclosure rules, members are required to report transactions made by a spouse or dependent child alongside their own, which is why activity attributed entirely to a spouse still appears on the congressman's public filing. Because the data attributes all twelve transactions to a spouse, this profile describes them as spousal trading activity rather than as personal investment decisions by Pallone.

Most of the individual sales fall in the smallest disclosed amount bracket, $1,001 to $15,000. Two stand out for size: the partial sale of Texas Instruments and the partial sale of Estee Lauder, both disclosed in the October 2020 filing, each reported in the $15,001 to $50,000 range, larger than every other transaction in the record.

Sector Mix and the Names Involved

Consumer Staples is the most frequently touched sector, with five of the twelve transactions: all three Philip Morris sales plus the single sales of Altria Group and Estee Lauder. Industrials follows with two transactions, both GE Aerospace. The remaining five sectors each appear exactly once: Communication Services (Disney), Energy (Chevron), Financials (Citigroup), Information Technology (Texas Instruments) and Utilities (Dominion Energy). No other sectors appear in the disclosed record.

Philip Morris International is the most frequently disclosed name, appearing in three of the twelve transactions, the most recent on August 11, 2021. The company manufactures cigarettes and smoke-free nicotine products, including its IQOS, VEEV and ZYN lines, and is headquartered in Stamford, Connecticut. Altria Group, sold once in February 2019, makes Marlboro cigarettes and other tobacco and nicotine products domestically. Together the two names account for four of the twelve disclosed sales, making tobacco the single most consistent theme in the spouse's disclosed trading.

GE Aerospace, sold twice in the September 2020 batch and disclosed in October, designs and services commercial and defense jet engines. Texas Instruments, sold in the same batch, is a Dallas-based semiconductor maker supplying analog and embedded-processing chips across industrial, automotive and communications markets. Estee Lauder, also part of that filing, is a global cosmetics and skin care company. Walt Disney rounds out the September 2020 batch as a media, streaming and theme-park operator. In the August 2021 batch, Chevron is an integrated oil and gas major, Citigroup is a global banking and financial services firm, and Dominion Energy is a regulated electric and natural gas utility serving Virginia, North Carolina and South Carolina.

Taken together, the record shows spousal trading activity consisting entirely of sales across a mix of household consumer names, an industrials name, a semiconductor name, a media name and a spread of financial, energy and utility names, concentrated into two large disclosure events roughly a year apart rather than spread evenly across time.

About This Disclosure Profile

This profile is built from official congressional financial disclosure filings and reflects only what has been publicly reported under the Stop Trading on Congressional Knowledge Act of 2012, which requires members of Congress and their spouses and dependent children to disclose covered securities transactions. Filing and reporting mechanics follow the House Committee on Ethics financial disclosure instruction guide. The underlying filings referenced here are available directly from the Clerk of the House: February 2019 filing, April 2019 filing, October 2020 filing, and August 2021 filing.

No Quantellect Score is currently published for Frank Pallone, Jr. as of the latest scoring date of August 21, 2026, because no score row exists for this subject at that date. Among the 537 sitting members of Congress measured on August 22, 2026, 276 have no disclosed trades on record at all, including 237 of 437 sitting House members, while 73 of those sitting members carry a published score. This profile reflects transaction disclosures only and does not establish investment intent or personal decision-making by Pallone; the disclosure record should be read as transaction history, not as a statement about activity beyond the reported transactions.