Kelly Morrison's Million-Dollar Late Disclosures: What the Filing Shows
A House filing signed April 2 reported eight private-company transactions by Rep. Kelly Morrison with combined value ranges of $1.41 million–$2.91 million. The records were months late, and one transaction was more than a year old.
Observed in the records
Kelly Morrison's April 2026 House filing reported eight late private-company transactions worth a combined $1.41 million–$2.91 million, including Andersen, Cavall, and Flux.
Interpretation limits
The records do not by themselves establish motive, who directed a household trade, inside information, causation, current holdings, or future performance.
What the filing contained
Most of the reported value came from partial sales of equity in Andersen Corporation, the privately held window and door manufacturer. The filing also listed purchases of equity interests in Cavall and Flux.
Because the House form uses broad amount bands, the defensible total is a range rather than an exact dollar value. NOTUS calculated the eight transactions at $1.41 million–$2.91 million.
- Eight reportable transactions.
- Combined reported range: $1.41 million–$2.91 million.
- Assets included Andersen Corporation, Cavall, and Flux.
- House filing signed April 2 and publicly reported April 6.
Why the timing was a compliance issue
The transactions were disclosed after the STOCK Act's reporting window. NOTUS reported delays ranging from months to more than a year.
Morrison's office said she had worked with the House Ethics Committee to correct the record and that the late reporting involved privately held interests. Correcting a filing improves the public record but does not make the original deadline irrelevant.
Private-company trades are easy to miss
Andersen, Cavall, and Flux do not behave like exchange-listed securities in a ticker database. A screen limited to NYSE and Nasdaq symbols could return no result even though the filing contains seven figures of reportable activity.
This is why the source PDF matters. Asset type, description, location, ownership, and transaction notes can be as important as a ticker.
What the filing does not prove
The record establishes the reported transactions, amount bands, dates, and delayed public disclosure. It does not establish exact proceeds, investment performance, intent, or use of nonpublic information.
The appropriate conclusion is narrow: this was a significant transparency failure involving private assets, not evidence by itself of insider trading.
How to read this research
Public source
Built from House and Senate STOCK Act disclosures, not anonymous tips.
Range-aware
Reported amounts are shown as disclosure ranges instead of fake precision.
Context first
Filing delay, transaction type, and committee relevance are separate. Proximity is not causation.
Found an error? Review our editorial and corrections policy or email info@moonveil.ai.
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FAQ
How much did Kelly Morrison disclose?
The eight transactions had a combined reported range of $1.41 million–$2.91 million.
Why do these trades not appear under normal stock tickers?
The main assets were interests in privately held companies, so they do not map to ordinary public-market symbols.
Was the filing itself evidence of insider trading?
No. It documents transactions and a late-reporting problem, not the use of material nonpublic information.