Sullivan failed to report up to $65,000 in stock trades, keeping Alaskans in the dark about his financial dealings as he enriched himself
Recent reporting shines a spotlight on Dan Sullivan’s shady, self-serving dealings as U.S. senator, highlighting his “fail[ure] to report two stock sales” worth up to $65,000. Sullivan failed to disclose the trades, violating the Stop Trading on Congressional Knowledge Act of 2012 “which aims to prevent insider trading and conflicts of interest by requiring members of Congress to report their stock sales within 45 days.”
“Every Alaskan knows that friends don’t let friends eat farmed salmon – but I guess Dan Sullivan thinks cashing in on farmed Outside salmon is fine,” said Alaska Democratic Party Chair Eric Croft. “While Sullivan has gotten rich in office, Alaskans are facing huge price hikes in health care, groceries, and energy costs as a direct result of Sullivan’s votes. Dan Sullivan is only looking out for himself, and that’s why Alaskans will retire him at the ballot box in November.”
Alaskafish.news: AK Senator Dan Sullivan busted for illegal sale of stocks in world’s largest farmed salmon company
By Laine Welch
January 26, 2026
- Alaska Republican Sen. Dan Sullivan violated a congressional financial law by failing to report two stock sales by the federal disclosure deadline.
- According to a November 3 filing, Sullivan inherited two stocks upon the death of his parent. Capitol Trades, which monitors politicians’ stock market activity, said the disclosure stated that these stocks were sold in full by a third-party investing expert who counseled against filing the trade until October 30.
- Both of the trades were committed in August, Capitol Trades reported. First was the sale of $15,000 – $50,000 worth of shares of Mowi ASA (MHGVY:US), the Norwegian seafood company, formerly known as Marine Harvest ASA.
- “The timing of the sale was excellent given that Mowi shares closed at $15.25 on November 04 while Sullivan’s exit price was $23.47,” the article said.
- “Later in August, $1,000 – $15,000 worth of shares of Five Below (FIVE:US) were sold. The Senator exited this trade when FIVE closed at $129.54 while shares trade about 15% higher these days,” it added.
- The late disclosures broke the Stop Trading on Congressional Knowledge Act of 2012, which aims to prevent insider trading and conflicts of interest by requiring members of Congress to report their stock sales within 45 days, reported the Anchorage Daily News.
- Liz Hempowicz, vice president of the Project On Government Oversight (POGO), said that reporting disclosures late “delays transparency” with the public, making it harder to hold lawmakers accountable.
- “RPM International (RPM:US) is [Sullivan’s] favorite stock for trading,” the report said.
- RPM International is a $6.7 multinational company owned by the Sullivan family that makes chemical products derived from petroleum, including several product lines that are designed for use in fossil fuel extraction and shipping.
- Dan Sullivan owns between $1 million and $5 million worth of shares in RPM International. The report said he made multiple sales of the company’s shares last year, pocketing as much as $300,000, according to reports filed with the Senate Office of Public Records.
- RPM International’s PAC and employees have also been top donors to Sullivan’s election campaigns, Sludge reports.
- The company’s PAC has given Sullivan $15,000, while its employees have given him $137,775.