Tommy Tuberville Files Late Stock Disclosure, Reports More Than $1 Million In Trades

Sen. Tommy Tuberville (R-Ala.) bought and sold more than $1 million worth of securities during his first five months in the Senate, buying and selling stock in some companies with business before his committees, according to a filing released Friday.  

A member of the Armed Services Committee, Tuberville made four separate purchases of Alcoa, a defense contractor, totaling more than $80,000, before liquidating his entire holding in April. He also traded Alcoa options. 

In all, the new filing details 132 transactions that took place in an account Tuberville shares with his wife from Jan. 4 to May 24.  

By law, senators have to file reports of such transactions within 45 days. But Tuberville waited longer than 45 days to disclose all of these trades. 

A spokeswoman for the senator said financial advisors manage his portfolio on a day-to-day basis. “Senator Tuberville was unaware that the specific transactions reported in this particular periodic transaction report occurred,” she said. “Upon becoming aware of the transactions, the senator expeditiously prepared and submitted this report to the Senate Ethics Committee. The senator has put processes in place for timely reporting moving forward.”