CluenexGlossary · Insiders and Congress
Late filing
A Congress trade disclosed more than 45 days after it happened.
Why it matters
The STOCK Act sets a 45 day limit. Repeated late filings are a transparency issue, and the trade was old news by the time it became public.
How to read it
Check the traded date, not the filed date, when judging what the member knew.
Related
In the Cluenex app, this explanation opens next to every late filing figure, with the live reading for the stock you are looking at. Open it in Cluenex