Sold IBM 16 days after the Defense Department acted on a $239.2M order

Gilbert Ray Cisneros, Jr. (D-CA) sold $1,001 - $15,000 of International Business Machines Corp (IBM) on July 17, 2026, according to a transaction report disclosed September 4, 2026. USAspending records an action by the Department of Defense on July 1, 2026, 16 days before the nearest trade, on a delivery order (W15QKN21F0531) with International Business Machines Corporation whose total value is $239.2M. Cisneros sits on the House Committee on Armed Services, which oversees the Department of Defense. 3 other contracts with the company have an action inside the same 90-day window. July 1, 2026 was the latest action USAspending listed for that contract when it was pulled on October 18, 2026; the contract itself may be years older, and $239.2M 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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