Rep. Kevin Hern's accounts sold 28 stocks in August and bought one Oklahoma municipal bond

Rep. Kevin Hern official portrait over the U.S. Capitol, with 28 stocks sold and one Oklahoma municipal bond bought

Key points

  • Hern filing lists 28 sales, one purchase
  • The one buy: an Oklahoma municipal bond
  • Second straight filing pairs sales with muni buys
  • His office says he directs nothing

Something worth a second look turned up on our Congress tracker Tuesday. A new filing from Rep. Kevin Hern, the Oklahoma Republican now running for Senate, lists 29 transactions across three accounts. Twenty-eight of them are sales.

There's one purchase, a municipal bond from the Canadian County Educational Facilities Authority in Oklahoma, a 3% coupon maturing in 2029, bought on August 24 for somewhere between $100,001 and $250,000, which also makes it the largest single line in the filing.

The selling ran from August 5 to August 24 and covered 25 positions. Only two cleared $50,000, Home Depot (HD) and Procter & Gamble (PG). Nineteen of the 28 sales sit in the smallest band the form offers, $1,001 to $15,000, which is how a filing this long still adds up to a total somewhere between $224,028 and $835,000. All 28 are below.

PositionDisclosed rangeAccount
Home Depot (HD)*$50,001 - $100,000Foundation
Procter & Gamble (PG)$50,001 - $100,000Trust
Adobe (ADBE)*$15,001 - $50,000Foundation
Boeing (BA)$15,001 - $50,000Trust
Walt Disney (DIS)$15,001 - $50,000Trust
Honeywell Aerospace (HONA)$15,001 - $50,000Foundation
ICON plc (ICLR)*$15,001 - $50,000Foundation
Medtronic (MDT)$15,001 - $50,000Foundation
Microsoft (MSFT)*$15,001 - $50,000Foundation
Alcon (ALC)$1,001 - $15,000IRA
Boeing (BA)$1,001 - $15,000Foundation
Biogen (BIIB)$1,001 - $15,000IRA
Anheuser-Busch InBev (BUD)$1,001 - $15,000IRA
Carrier Global (CARR)$1,001 - $15,000Trust
Colgate-Palmolive (CL)$1,001 - $15,000Foundation
Gap (GAP)$1,001 - $15,000IRA
Hormel Foods (HRL)$1,001 - $15,000IRA
Kimberly-Clark (KMB)$1,001 - $15,000IRA
Lowe's (LOW)$1,001 - $15,000Foundation
Marsh (MRSH)$1,001 - $15,000Foundation
Nike (NKE)*$1,001 - $15,000IRA
Otis Worldwide (OTIS)$1,001 - $15,000Trust
Procter & Gamble (PG)$1,001 - $15,000Foundation
Solstice Advanced Materials (SOLS)$1,001 - $15,000Foundation
Veralto (VLTO)$1,001 - $15,000Foundation
Veralto (VLTO)$1,001 - $15,000Trust
Veralto (VLTO)*$1,001 - $15,000Trust
Waters (WAT)$1,001 - $15,000Trust

Every row is one sale from Hern's September 1 filing, sorted by disclosed range. A position appears more than once when the same stock was sold out of more than one account. An asterisk marks a partial sale, where the filing shows part of the position was kept. The three accounts are the Hern Family Foundation, the Hern Family Revocable Trust and the Kevin Hern Traditional IRA.

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The pattern is in the filing before it

One busy month is just a busy month. The filing before it shows the same shape. Hern's previous report, signed August 10, carries 14 transactions: seven stock sales out of the Hern Family Foundation, and seven municipal bond purchases into the Hern Family Revocable Trust. Every one of those bonds was an Oklahoma issuer. Caddo County, the Edmond Public Works Authority, the Grand River Dam Authority, Kingfisher County, the city of Lawton, the Oklahoma County Finance Authority and Tulsa County Independent School District. Coupons run from 2% to 5% and maturities from 2026 to 2033, with a combined disclosed range of $310,007 to $800,000.

Set the two filings next to each other and the arithmetic is clean. That's 35 stock sales and eight municipal bond purchases between July 16 and August 24. Every bond was issued in Oklahoma. The sales and the purchases sit in different accounts, so the filings record the two activities side by side and stop short of tracing money from one to the other. Tuesday's report is also his largest of the year by a wide margin. He has filed ten periodic transaction reports in 2026 covering 73 transactions, and 29 of them are in this one, more than a third of his year in a single filing.

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Who is actually doing this

Hern's office says financial advisers make the decisions, though it said so about an earlier set of filings. NOTUS reported in March that he appeared to have disclosed between $4.2 million and $17.6 million of trades past the STOCK Act deadline since early 2025, across roughly ten transactions that ran two to twelve days late. His office disputed it in writing, twice. "The filings aren't late." "Congressman Hern files his [disclosure reports] no later than 30 days after receiving notification from his financial advisor, and in compliance with the 45-day transaction activity requirement. It is well documented that Congressman Hern has no involvement in the purchasing or selling of stocks, nor in the preparation of reports for the Public Transaction Report (PTR) system." NOTUS asked for documentation supporting that arrangement and came away empty.

According to Hern's office, this report records what an advisor did inside a foundation, a family trust and an IRA.

Hern won the Oklahoma Republican Senate primary on June 16 with 69.8% of the vote, running for the seat Markwayne Mullin vacated in March to become Secretary of Homeland Security. He gave up the House Republican Policy Committee chairmanship on March 11 when he entered the race, and he's leaving the House at the end of this term. Forecasters rate November's general election as safe Republican. So these accounts recorded stock sales and Oklahoma bond purchases in the period between Hern's primary victory and the general election. Any link between the two lives outside the filings.

One thing the document does settle is the timing. Its earliest trade is August 5 and the digital signature reads September 1, 27 days later. The advisor's notification date is listed as August 27, five days before the filing. Whatever the March dispute turns on, this report landed inside both deadlines.

A periodic transaction report gives you the asset, the date, a dollar band and the account it sat in. It stops there. Share counts and prices stay out, so the size of these moves is a range, and that's permanent. Whether the bond buying continues is a question the next filing answers, and we'll be reading it. Hern's full record sits on his Congress tracker page, and if the who-actually-trades question is the part you want to understand, we wrote about why so few members of Congress use a blind trust.

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Frequently asked questions

What did Rep. Kevin Hern disclose on September 1, 2026?

A periodic transaction report listing 29 transactions dated August 5 through August 24, 2026, across three accounts: the Hern Family Foundation, the Hern Family Revocable Trust and a Kevin Hern Traditional IRA. Twenty-eight are sales and one is a purchase. The disclosed sale ranges total between $224,028 and $835,000. It is his largest filing of 2026; he has filed ten periodic transaction reports this year covering 73 transactions.

What was the one purchase?

A municipal bond issued by the Canadian County Educational Facilities Authority in Oklahoma, carrying a 3.00% coupon and maturing September 1, 2029. It was bought on August 24, 2026 into the Hern Family Revocable Trust for a disclosed range of $100,001 to $250,000, which makes it the largest single line in the filing.

Which stocks were sold?

Twenty-five positions. The two largest ranges, $50,001 to $100,000 each, were Home Depot (HD) and Procter & Gamble (PG). In the $15,001 to $50,000 band: Adobe (ADBE), Microsoft (MSFT), Walt Disney (DIS), Medtronic (MDT), Boeing (BA), Honeywell Aerospace (HONA) and ICON plc (ICLR). The remainder, at $1,001 to $15,000 each, included Colgate-Palmolive (CL), Kimberly-Clark (KMB), Hormel (HRL), Lowe's (LOW), Gap (GAP), Nike (NKE), Carrier (CARR), Otis (OTIS), Marsh (MRSH), Veralto (VLTO), Waters (WAT), Biogen (BIIB), Alcon (ALC), Anheuser-Busch InBev (BUD) and Solstice Advanced Materials (SOLS).

Is this part of a pattern?

The filing before it shows the same pairing. Hern's report signed August 10, 2026 carried 14 transactions: seven stock sales out of the Hern Family Foundation and seven municipal bond purchases into the Hern Family Revocable Trust, disclosed at $310,007 to $800,000. Every bond in both filings was an Oklahoma issuer, including Caddo County, the Edmond Public Works Authority, the Grand River Dam Authority, Kingfisher County, the city of Lawton, the Oklahoma County Finance Authority and Tulsa County Independent School District. Across the two reports the accounts recorded 35 stock sales and eight Oklahoma municipal bond purchases between July 16 and August 24, 2026. The sales and the bond purchases were reported in different accounts, so the filings do not show proceeds from the sales funding the purchases.

Does Kevin Hern pick these trades himself?

His office says no. Responding to a March 2026 NOTUS report that he appeared to have disclosed between $4.2 million and $17.6 million of trades past the STOCK Act deadline since early 2025, a spokesperson said the filings are not late and that Hern "has no involvement in the purchasing or selling of stocks, nor in the preparation of reports for the Public Transaction Report (PTR) system," adding that he files within 30 days of notification from his financial advisor. NOTUS reported that the office provided no documentation of that arrangement. The September 1 filing itself was timely: the earliest trade is August 5, the advisor notification date is August 27, and the digital signature is dated September 1.

Why is Kevin Hern leaving the House?

He is running for the U.S. Senate in Oklahoma. Hern announced his campaign on March 11, 2026 for the seat Markwayne Mullin left to become Secretary of Homeland Security, gave up the House Republican Policy Committee chairmanship the same day, and won the June 16 Republican primary with 69.8% of the vote. Forecasters rate the November general election as safe Republican. Nothing in the disclosures links the campaign to the trading. This is general information, not investment advice.

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Jennifer Song
Jennifer Song

Jennifer Song writes Portfolio Watch. She studied finance and likes digging through public filings to see what politicians and other well-known people are buying and selling. She doesn't trade herself. She just likes seeing where the big names put their money.