Sold IBM 24 days before the Defense Department acted on a $247.9M order

Gilbert Ray Cisneros, Jr. (D-CA) sold $15,001 - $50,000 of International Business Machines Corp (IBM) on May 15, 2026, according to a transaction report disclosed June 8, 2026. USAspending records an action by the Department of Defense on June 8, 2026, 24 days after the nearest trade, on a delivery order (N0018918F0902) with International Business Machines Corporation whose total value is $247.9M. Cisneros sits on the House Committee on Armed Services, which oversees the Department of Defense. 2 other contracts with the company have an action inside the same 90-day window. June 8, 2026 was the latest action USAspending listed for that contract when it was pulled on October 3, 2026; the contract itself may be years older, and $247.9M is its total value, not the amount of that action. The records do not show who placed the trade or that anyone involved knew of the contract.

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