Rep. Rick Larsen Discloses Quarterly Rebalance Trades in ADI, FDX, HD, WSM

Representative Rick Larsen (D-WA02) reported a series of stock trades on October 12, 2026, all executed four days earlier on October 8 as part of a “Quarterly rebalance.” The transactions, disclosed in a Periodic Transaction Report filed with the House Clerk, involve purchases of Analog Devices and Williams-Sonoma, and sales of FedEx and Home Depot. Each trade falls within the $1,001–$15,000 range.

Rep. Rick Larsen (D-WA)

According to the filing (ID 20035635, official document), the lawmaker personally executed the following trades on October 8, 2026:

• Purchase – Analog Devices, Inc. Common Stock (ADI) – $1,001–$15,000
• Sale – FedEx Corporation Common Stock (FDX) – $1,001–$15,000
• Sale – Home Depot, Inc. (HD) – $1,001–$15,000
• Purchase – Williams-Sonoma, Inc. Common Stock (WSM) – $1,001–$15,000

All four transactions are labeled “Quarterly rebalance,” indicating a routine adjustment of the member’s portfolio rather than a reaction to specific news. The report was published four days after the trades, well within the 45-day window required by the STOCK Act.

Analog Devices is a semiconductor company specializing in analog, mixed-signal, and digital signal processing. FedEx is a global courier delivery services firm. Home Depot is a home improvement retailer. Williams-Sonoma operates retail stores and e-commerce for kitchen and home furnishings.

Why Congressional Trade Disclosures Are Watched

Under the Stop Trading on Congressional Knowledge (STOCK) Act of 2012, members of Congress must publicly report most securities transactions within 45 days. The law aims to increase transparency and prevent insider trading by elected officials. While the trades reported here are routine rebalancing, any lawmaker’s portfolio activity draws scrutiny because of their access to non-public policy information. The disclosed amounts are reported as ranges, not exact figures, and the trades occurred weeks before publication.

Disclosure Details

The filing was submitted on October 12, 2026, and covers trades made on October 8, 2026. All transactions were executed by the member personally. The STOCK Act requires that trades by a spouse or dependent child also be reported, but no such trades appear in this filing. The official document is available here.

Note: Dollar amounts are disclosed as ranges, and the trades were made on October 8, 2026, four days before the filing date.