Ro Khanna × DIS

This June 10, 2025 sell of approximately $15,001 in Walt Disney Company stands out as the largest transaction in the recent disclosed window by a substantial margin, coming in at nearly 15 times the median trade size across this politician-ticker pairing. The sale was filed on July 9, 2025, a 29-day delay that just cleared the disclosure threshold without triggering the late-disclosure signal. No peer clustering was observed in the surrounding two-week period. The size elevation is the primary flag here. Across 145 disclosed trades, the overwhelming majority sit at the $1,001 minimum range, making a $15,001 sell a meaningful deviation from the established pattern. Khanna's committee positions covering digital infrastructure, China competition, and government technology oversight all create structural adjacency to Disney's regulatory and international business profile. The trade does not confirm any impropriety, but the elevated size warrants attention in context.

This June 23, 2025 buy of approximately $1,001 in Walt Disney Company is a minimum-range transaction filed on July 9, 2025 after a 16-day delay. No signals fire beyond the committee overlap consideration. The trade sits in the middle of a short burst of DIS activity that includes a much larger sell on June 10 and another significant sell on June 26, suggesting the family trust was adjusting its position in Disney during this period rather than making a directional bet. At the minimum disclosed size, this buy is consistent with the broad pattern across the 145 disclosed trades in this series, where the vast majority of transactions fall at or near the $1,001 floor. On its own, this trade carries low analytical weight. Its interest lies primarily in the surrounding sequence: it was sandwiched between two above-median sells, which may reflect routine rebalancing or tactical position management.

This June 26, 2025 sell of approximately $50,001 in Walt Disney Company is the most significant single transaction in the recent disclosed window by a wide margin, coming in at nearly 50 times the median trade size across this politician-ticker series. Filed just 13 days after the trade date, the disclosure was notably prompt relative to some other trades in this series. The size is the dominant signal here. A $50,001 sell following a $15,001 sell 16 days earlier and a $1,001 buy just three days earlier suggests the trust was meaningfully reducing its Disney position during this period. While two other members also traded DIS in the surrounding two weeks, the count falls one short of the clustering threshold. Across 145 disclosed trades, transactions of this magnitude are rare. Khanna's committee roles, particularly on the Select Committee on China Competition and the Oversight subcommittee on cybersecurity, create structural relevance to Disney's policy environment. The prompt filing is a mitigating factor, but the scale warrants documentation.

This July 1, 2025 buy of approximately $1,001 in Walt Disney Company was filed on August 7, 2025, a 37-day delay that exceeds the STOCK Act's 30-day disclosure requirement and triggers the late-disclosure signal. The trade itself is at the minimum disclosed size and carries no size or clustering flags. The late filing is the primary flag here. While a seven-day overage on a minimum-size trade may reflect administrative oversight rather than strategic delay, it is still a reportable breach of the statutory timeline. This is not the only late filing in this series: across the 10 most recent disclosed trades, two others also exceed the 30-day threshold. In the context of 145 total disclosed trades, the recurrence of late filings warrants note even when individual trades are small. Khanna has publicly acknowledged the volume of his family trust's trading activity and has attributed it to independent management, but disclosure timing compliance remains a separate obligation regardless of who directs the trades.

This August 4, 2025 sell of approximately $1,001 in Walt Disney Company was disclosed on September 9, 2025, a 36-day delay that again exceeds the statutory 30-day window and triggers a late-disclosure flag. As with Trade 4801, the underlying transaction is at the minimum disclosed size and does not draw attention on its own merits. The pattern of late disclosures on small trades is more notable in aggregate than in isolation. Two other members also traded DIS in the nearby two-week window, stopping just short of the clustering threshold. The trade sits in a period of relatively low-value activity following the significant sell-off in late June 2025. Khanna's committee positions, including the ranking member role on the Subcommittee on Cyber, Information Technologies, and Innovation, continue to create structural adjacency to a company like Disney that operates large-scale digital platforms and has historically significant exposure to China policy. The repeated filing delays across this series, even on small trades, are worth tracking.

This September 5, 2025 buy of approximately $1,001 in Walt Disney Company was filed on October 3, 2025, a 28-day delay that narrowly avoids triggering the late-disclosure signal. No other signals fire on this trade. The transaction is at the minimum disclosed size and is consistent with the predominant pattern across the 145 total disclosed trades in this series, where the vast majority are minimum-range entries. The narrow clearance of the disclosure deadline, two days short of the threshold, is consistent with a recurring pattern in this series where filings tend to cluster near the edge of the 30-day window. On a standalone basis this trade carries minimal analytical weight. Its significance is contextual: it is part of a sustained cycle of buys and sells in Disney across a multi-month period in 2025 by a member whose committee roles provide structural proximity to the regulatory questions facing major media and streaming platforms. The overall trading frequency across 145 disclosures is the most notable feature of this politician-ticker pairing.

This September 29, 2025 sell of approximately $1,001 in Walt Disney Company stands out primarily for the speed of its disclosure: filed just four days after the trade on October 3, 2025, it is the promptest filing in the recent disclosed window and a notable contrast to the multiple late disclosures elsewhere in this series. The trade itself is at the minimum disclosed size and triggers no size or clustering flags. The four-day filing turnaround may reflect a batch filing process, as it was filed on the same date as the September 5 buy (Trade 3030), suggesting the trust or its administrator submitted multiple disclosures together on October 3. This kind of administrative batching, where some trades are filed promptly and others accumulate near the deadline, is consistent with the pattern visible across this series. At the transaction level, this trade has low standalone significance. In the broader pattern of 145 disclosed trades, it contributes to an active oscillation between buys and sells in Disney that characterises the family trust's approach to this holding.

This October 7, 2025 buy of approximately $1,001 in Walt Disney Company was filed on November 6, 2025, exactly 30 days after the trade date, meeting the STOCK Act disclosure deadline at its precise boundary. While this technically avoids triggering the late-disclosure signal, filing exactly on the deadline is itself notable in the context of a series where multiple trades also push close to or past the 30-day threshold. The transaction is at the minimum disclosed size and generates no size or clustering flags. The pattern across this series, of disclosures that consistently arrive in the final days of the allowable window rather than promptly, suggests administrative practices that schedule filings at the limit rather than in real time. Across 145 disclosed trades, this boundary-hugging disclosure cadence appears to be characteristic of the trust's reporting behaviour. On substantive grounds, a minimum-size buy in a blue-chip media company carries limited standalone significance. Its interest is primarily as a data point in the broader 145-trade disclosure pattern.

This November 3, 2025 buy of approximately $1,001 in Walt Disney Company carries two active signals: a late disclosure filed on December 8, 2025, five days past the statutory 30-day limit, and a member cluster signal triggered by three members disclosing DIS trades within the surrounding 14-day window. The clustering signal is notable because it is the only instance among the 10 most recent trades in this series where the three-member threshold is met. Peer clustering in a congressional disclosure context can reflect shared access to sector-level information, common external analysis, or coincidental market timing. None of these interpretations can be ruled out from the data alone. The late filing adds a secondary compliance flag. Across 145 total disclosed trades in this series, recurring late disclosures combined with at least one clustering event create a multi-signal pattern worth monitoring. Khanna's committee positions, particularly on the Select Committee on China Competition, are structurally relevant to a company with Disney's international footprint and streaming scale.

This November 13, 2025 buy of approximately $1,001 in Walt Disney Company was filed on December 8, 2025, a 25-day delay that comfortably clears the statutory disclosure deadline. No size or clustering signals fire. The trade is at the minimum disclosed size and, taken alone, carries minimal analytical weight. It was filed on the same date as the November 3 buy (Trade 1013), continuing the pattern of batch disclosures visible elsewhere in this series, where multiple trades are submitted together rather than individually as they occur. That the November 3 trade's disclosure was late while the November 13 trade's disclosure was on time reflects a quirk of batch filing: trades executed earlier in a period can slip past the deadline when filings are grouped. Across 145 total disclosed trades in this series, the combination of high trading frequency, recurring near-deadline and over-deadline filings, and occasional above-median trade sizes in a company with meaningful exposure to Khanna's committee jurisdictions represents the core structural interest of this politician-ticker pairing.