WASHINGTON — Rep. Nancy Pelosi of California and Rep. David Kustoff of Tennessee each reported that Warner Bros. Discovery stock in their family accounts was cashed out in the company’s acquisition by Paramount Skydance. The two sales are among five transactions disclosed in four House periodic transaction reports e-filed from Nov. 6 to Nov. 9.
The Pelosi filing, signed Nov. 6, lists a sale of Warner Bros. Discovery Series A common stock held by her husband, valued at $50,001 to $100,000, with the note “Cash proceeds from Warner Bros Discovery merger with Paramount Skydance.” Kustoff’s report, signed Nov. 9, lists a sale of the same stock in a joint Fidelity account, valued at $1,001 to $15,000. Both reports give the transaction date as Oct. 7, 2026.
Skydance, the renamed Paramount Skydance, announced on Oct. 6 that it had completed the purchase and that Warner Bros. Discovery shareholders received $31.01666668 in cash per share. Its Form 8-K says each outstanding share “was automatically cancelled and converted into the right to receive” $31 plus a small daily “ticking” payment, so holders made no decision to sell. The one-day gap between the closing date and the date on the members’ reports is not explained in the filings.
House members must report most stock transactions of more than $1,000 by themselves, their spouses and dependent children within 30 days of learning of them and no later than 45 days after the trade under the STOCK Act. Values are reported only in ranges. Each of the four e-filed reports was signed within those deadlines.
The four e-filed reports
| Member | Filing | Owner | Asset | Type | Trade date | Notified | Value range |
|---|---|---|---|---|---|---|---|
| Nancy Pelosi (D-Calif.) | 20035780 (Nov. 6) | Spouse | Warner Bros. Discovery (WBD) | Sale (merger cash proceeds) | Oct. 7 | Oct. 7 | $50,001-$100,000 |
| John McGuire (R-Va.) | 20035775 (Nov. 6) | Spouse | Western Digital (WDC) | Sale | Oct. 15 | Nov. 4 | $1,001-$15,000 |
| David Kustoff (R-Tenn.) | 20024921 (Nov. 9) | Joint | Warner Bros. Discovery (WBD) | Sale | Oct. 7 | Oct. 12 | $1,001-$15,000 |
| Tom Suozzi (D-N.Y.) | 20035014 (Nov. 9) | Self (IRA) | U.S. Treasury bill | Purchase | Oct. 13 | Nov. 1 | $15,001-$50,000 |
| Tom Suozzi (D-N.Y.) | 20035014 (Nov. 9) | Self (IRA) | U.S. Treasury bill | Purchase | Oct. 15 | Nov. 1 | $15,001-$50,000 |
Together the five transactions are valued at $82,005 to $230,000. Two Republicans and two Democrats filed.
Rep. John McGuire of Virginia’s 5th District reported a sale of Western Digital common stock held in his spouse’s Merrill Lynch SEP IRA. Rep. Tom Suozzi of New York reported two purchases of Treasury bills in an individual retirement account, each in the $15,001 to $50,000 range. Treasury bills are short-term U.S. government debt.
A paper report from Khanna
The House Clerk’s index also lists a 23-page paper report from Rep. Ro Khanna of California, widely seen as a potential 2028 presidential candidate, that was hand-delivered to the Legislative Resource Center on Nov. 5. Its cover page refers readers to attached account statements rather than listing trades on the form. The Washington Inquisitor has not yet tabulated those pages and will report on them separately.
The new filings follow the Inquisitor’s review of 3,537 trades House members disclosed in 2026 reports through Nov. 6.
Nothing in these filings indicates a violation of House rules or the law, and no ethics office or regulator has made any finding about them.
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