Michael T. McCaul × AIG

This May 12, 2023 sell of $50,001 in AIG carries two active signals: an above-median transaction size and a disclosure filed later than Kapitol's 30-day internal flag threshold. The 41-day filing delay means the disclosure arrived on June 22, 2023, which remains within the STOCK Act's 45-day statutory window and therefore does not constitute a statutory violation. However, Kapitol flags filings beyond 30 days as a transparency indicator. The $50,001 figure is 3.33 times the median trade size across this politician's 94 AIG disclosures, placing it in the upper range of his typical activity. This trade occurred on the same date as Trade #23065, a smaller $15,001 sell in the same stock, suggesting a coordinated same-day partial liquidation. No member clustering was detected. Without confirmed committee jurisdiction over AIG's sector, the analytical focus rests on the size and disclosure timing pattern rather than any specific regulatory intersection.

This May 12, 2023 sell of $15,001 in AIG was disclosed on June 22, 2023, a 41-day delay that exceeds Kapitol's 30-day internal flag threshold. Importantly, this filing remains within the STOCK Act's 45-day statutory deadline, so no legal violation is indicated. The transaction size is at the median for Rep. McCaul's AIG trading history, meaning no size anomaly fires here. This trade is paired with Trade #23091, a same-day $50,001 sell, filed simultaneously. The pairing suggests a structured same-day reduction of the AIG position rather than a single large block sale. No other members traded AIG in the surrounding 14-day window. Across 94 total disclosed trades in AIG, same-day multi-leg sells appear as a recurring pattern worth noting, particularly when the larger leg of the pair carries a size signal and both legs share a late filing date.

This August 8, 2023 sell of $15,001 in AIG was disclosed on September 14, 2023, a 37-day delay that clears Kapitol's 30-day internal flag threshold. The filing remains within the STOCK Act's 45-day statutory window, so no statutory breach is indicated. The transaction size is at the median for this politician's AIG activity, meaning the trade is unremarkable in scale. This sell occurred on the same day as Trade #20765, a larger $50,001 sell, with both filed simultaneously. The repeated pattern of same-day paired sells, one at median size and one well above median, appears across multiple periods in this dataset. Across 94 total disclosed trades, this dual-leg structure is notable. No other members traded AIG in the adjacent 14-day window. Without confirmed committee jurisdiction over insurance or financial services regulation, the primary signal here is the disclosure timing rather than any specific regulatory nexus.

This August 8, 2023 sell of $50,001 in AIG carries two active signals: an above-median transaction size and a disclosure delay that exceeds Kapitol's 30-day internal flag threshold. The 37-day filing window places this disclosure on September 14, 2023, within the STOCK Act's 45-day statutory deadline and therefore not a legal violation. The $50,001 amount is 3.33 times the median trade size across Rep. McCaul's 94 AIG disclosures. This trade mirrors the structure seen in May 2023 (Trades #23091 and #23065): a same-day pairing of a median-size sell alongside a substantially larger sell, both filed simultaneously with a delay exceeding 30 days. The recurrence of this pattern across multiple calendar periods in 2023 is the most analytically significant feature, suggesting a consistent approach to position management and disclosure timing in this stock.

This January 19, 2024 sell of $1,001 in AIG is a low-signal trade by all measured dimensions. The $1,001 transaction value sits well below the $15,001 median for Rep. McCaul's AIG activity, and the 25-day filing delay is within Kapitol's 30-day internal flag threshold. No member clustering was detected in the surrounding window. The minimal transaction size may indicate a partial closing of a position, a rounding-out trade, or a standing order execution rather than a deliberate directional move. Viewed in isolation, this trade draws little analytical attention. However, it precedes a February 2024 cluster of larger sells (Trades #16712 and #16709), and across 94 total AIG disclosures, small transactions sometimes appear adjacent to larger liquidation moves. The trade is noted here for completeness within the broader pattern rather than for any independent signal strength.

This February 20, 2024 sell of $1,001 in AIG carries no active signals on its own. The transaction value is a fraction of the $15,001 median, and the 24-day disclosure delay is within Kapitol's 30-day internal flag threshold. However, this trade was executed on the same date as Trade #16709, a $50,001 sell that does carry an unusually large signal. The same-day pairing of a small-value transaction alongside a substantially larger one is a pattern that recurs across this 94-trade dataset. In this February 2024 instance, the disclosure lag for both trades was 24 days, meaning the late disclosure flag did not fire for either. The $1,001 trade itself adds little analytical weight but contextualizes the larger same-day sale. The broader pattern of McCaul holding and periodically reducing his AIG position through structured same-day multi-leg sales remains the most consistent feature of this disclosure record.

This February 20, 2024 sell of $50,001 in AIG is the larger of a same-day pair alongside Trade #16712 ($1,001). The $50,001 amount is 3.33 times the median transaction size across Rep. McCaul's 94 AIG disclosures, triggering the unusually large signal. Unlike the August and May 2023 paired sells, this February 2024 instance was filed within 24 days, so the late disclosure flag does not fire. The trade sits in a broader sequence of 2024 activity that includes the January 19 small sell (Trade #17154) and subsequent August and September sells, suggesting an ongoing gradual reduction of the AIG position. The $50,001 transaction is the third such same-day large-leg sell observed across the 10 most recent trades reviewed here, reinforcing the structural consistency of Rep. McCaul's approach to reducing this holding. No member clustering was detected.

This August 2, 2024 sell of $15,001 in AIG was disclosed on September 16, 2024, exactly 45 days after the trade date. The 45-day delay is precisely at the STOCK Act's statutory filing deadline, meaning the disclosure was filed on the last permissible day under the law and does not constitute a violation. It does, however, exceed Kapitol's 30-day internal flag threshold, triggering the late disclosure signal here. The transaction size is at the median for this politician's AIG activity, so no size anomaly fires. This is analytically notable because it represents the tightest possible filing, leaving no margin within the statutory window. Across 94 total AIG disclosures for Rep. McCaul, recurring delays that approach or reach the statutory boundary, even without breaching it, form a consistent feature of this disclosure record. No member clustering was observed.

This September 19, 2024 sell of $100,001 in AIG is the single largest transaction in the 10 most recent trades reviewed and the most prominent size signal in this dataset. At 6.67 times the $15,001 median for Rep. McCaul's AIG trades, it stands substantially above his typical transaction scale. The disclosure was filed on October 10, 2024, a 21-day delay that is comfortably within both Kapitol's 30-day internal flag threshold and the STOCK Act's 45-day statutory deadline. This trade was filed on the same date as Trade #12991, a smaller $15,001 sell, continuing the pattern of same-day paired liquidations observed throughout this dataset. The $100,001 figure suggests a meaningful reduction in the AIG position and may indicate an accelerating exit from the holding. Across 94 total disclosed AIG trades, this is among the more significant single transactions by size. No member clustering was detected.

This September 19, 2024 sell of $15,001 in AIG carries no active signals in isolation. The transaction size is exactly at the median for Rep. McCaul's AIG disclosure history, and the 21-day filing delay is well within both Kapitol's 30-day internal flag threshold and the STOCK Act's 45-day statutory deadline. This trade is the smaller leg of a same-day pair alongside Trade #12984, the $100,001 sell that does carry a significant size signal. The same-day structure seen here, a median-size sell paired with a much larger sell filed simultaneously, mirrors the pattern observed in May 2023, August 2023, and February 2024 across this reviewed dataset. Across 94 total AIG disclosures for Rep. McCaul, this pairing behaviour is the most consistent structural feature. The trade itself adds context to the larger same-day liquidation rather than generating independent analytical concern.