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Nancy Pelosi's latest disclosure: Intel and Uber, then and now

Nancy Pelosi's latest disclosure: Intel and Uber, then and now

Key points

  • The Pelosi household disclosed call options, not shares, on Intel (INTC) and Uber (UBER).
  • The trades were made May 29 and disclosed June 23 under the STOCK Act.
  • Since then, Uber (UBER) is up about 4% and Intel (INTC) roughly flat.

Congressional trade disclosures are one of my favorite things to poke through, and this one was always going to get attention: the Nancy Pelosi household just reported new positions in Intel and Uber. Here is what the filing actually says, and how both stocks have moved since it went public.

What was disclosed

The trades were made by Pelosi's spouse on May 29, 2026, and disclosed on June 23 under the STOCK Act, the law that requires members of Congress to report their trades within 45 days. These were not stock purchases, though. They were call options, which give the holder the right to buy a stock at a set price by a set date.

  • Intel (INTC): 200 call options, $50 strike, expiring March 19, 2027. Value listed at $1 million to $5 million.
  • Uber (UBER): 200 call options, $50 strike, same expiration, valued at $500,000 to $1 million.

With Intel trading near $115 and Uber near $70 at the time, a $50 strike means both options were already deep in the money. These are long-dated, bullish bets that both stocks stay well above $50 into 2027, not quick trades.

What the stocks did after the news

The trades happened on May 29, but that was private. The public did not find out until the disclosure posted on June 23, so the number that actually matters for anyone watching is what the stocks did from that point on, not from a trade date nobody could see. Here is that picture, using the underlying shares.

StockJune 23 (disclosure)June 24 (day after)NowSince disclosure
Intel (INTC)$132.28$131.65about $131about flat
Uber (UBER)$69.67$73.85about $72up about 4%

The usual storyline is "Pelosi buys, stock jumps." To be fair, the backdrop matters more than the filing here. Both names were disclosed during a rough stretch for tech, with the AI and chip complex selling off hard for much of that week. That broad weakness, not the disclosure, is the bigger reason a chip stock like Intel went nowhere after the news. Uber, which is not a chip name, actually rose about 6 percent the day after and is up about 4 percent since, bucking the soft tape rather than following it.

Intel did have a big run earlier, climbing from about $115 in late May to roughly $141 by June 22. But that happened while the trade was still private, so it is not a move anyone watching the disclosure could have caught.

Worth knowing

Two footnotes. Pelosi is not running for re-election, and the household reportedly plans to stop disclosing trades after January 2027, so filings like this will get rarer. And these positions run all the way to March 2027, which matches their patient, long-dated shape.

Bottom line

That is the filing in full: long-dated bullish options on Intel and Uber, and a quiet reaction once the news was public, Uber up about 4 percent and Intel basically flat. It is a public record, nothing more, and nothing here is advice.

Sources

This article is for general informational purposes only and is not investment advice. Prices are approximate and as of June 25, 2026, and will change. Always do your own research and consider speaking with a licensed financial professional before making any investment decision.

Frequently asked questions

Did Nancy Pelosi buy Intel and Uber stock or options?

They were options, not shares. The disclosure lists 200 Intel (INTC) call options and 200 Uber (UBER) call options, each with a $50 strike price expiring March 19, 2027. The Intel position is valued at $1 million to $5 million and the Uber position at $500,000 to $1 million.

When were the Pelosi Intel and Uber trades made and disclosed?

The trades were made by Pelosi's spouse on May 29, 2026, and disclosed publicly on June 23, 2026 under the STOCK Act, which gives members of Congress 45 days to report a transaction.

Did Intel and Uber stock go up after the Pelosi disclosure?

The results were mixed. Measured from the June 23 disclosure, Uber (UBER) rose about 6% the following day and is up roughly 4% since, while Intel (INTC) was little changed, weighed down by a broad selloff in chip stocks that week rather than by the filing.

Is it legal for Nancy Pelosi to trade stocks?

Yes. Members of Congress and their spouses are permitted to trade individual stocks, but the STOCK Act requires them to disclose transactions within 45 days. Proposals to ban congressional stock trading have been introduced but none has become law.

Jennifer Song

Jennifer Song writes Portfolio Watch, tracking what politicians and other well-known people are buying and selling. She doesn't invest in the market herself. She just likes digging through the public filings to see where the big names put their money, and laying it out straight.