Wednesday, September 16, 2026Latest filing Sep 14, 2026

SAP Congressional Stock Trades

SAP ADR

Last disclosed trade Apr 20

Every disclosed trade in SAP by members of Congress under the STOCK Act, parsed by Coldpine. Informational only, sourced from public filings. Not investment advice.

Sample · the intelligence layer

Coldpine signal scoreA 0-1 composite from four weighted factors: disclosure speed, trade size, cluster activity (multiple members buying the same name), and the member’s track record. ≥ 0.65 is the high-conviction tier; ≥ 0.50 is moderate. Trades from trust-managed members are penalized (× 0.2 multiplier). It’s research, not a recommendation.

Alan Armstrong · Bought $SAP · Mar 30 · $15K–$50K

0.37LOW
Disclosure speedx 0.250.10
Trade sizex 0.250.50
Cluster activityx 0.150.30

1 other member traded this name in the same window.

Track recordx 0.35default0.50

Every disclosed trade in the database gets this treatment: a four-factor score and a written read from Coldpine’s AI-based analysis. Informational only, not investment advice. Create a free account for every scored trade →

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35
Disclosed trades
23
Buys
11
Sells
5
Members trading

The record on $SAP

Coldpine has parsed 35 disclosed trades in $SAP by 5 members of Congress, drawn from 19 periodic transaction reports dated Aug 14, 2023 through Apr 20, 2026. That is 34 trades from House members and 1 trade from senators, filed 5 by Democrats and 30 by Republicans.

Of the 35 trades with a known filing lag, 2 were reported more than 45 days after the trade date, outside the window the STOCK Act sets. The median lag was 26 days. The longest was 549 days: a $SAP exchange by Michael T. McCaul dated Mar 25, 2024, disclosed Sep 25, 2025. How late filing is measured across all of Congress is in the late-filers study.

29 of the 35 trades that list an account holder (83%) were reported under a spouse, dependent child, or joint account rather than the member directly.

Michael T. McCaul filed the most $SAP purchases (19), and Michael T. McCaul the most sales (8).

Activity peaked in 2025 with 13 trades. The busiest single month was March 2026, when 2 different members disclosed $SAP trades.

Across the 23 purchases Coldpine can price, $SAP moved -3.25% on average between the trade date and the disclosure date, against +1.94% for the S&P 500 over the same windows. The stock was higher at disclosure than at the trade in 26% of those purchases. That is a record of what already happened, not a forecast. Method: what stocks do before Congress discloses.

Members who trade SAP

Recent disclosed trades in SAP

DateMemberTypeAmount
Apr 20Michael T. McCaul(TX)buy$1K–$15K
Mar 30Alan Armstrong(OK)buy$15K–$50K
Mar 19Michael T. McCaul(TX)buy$1K–$15K
Mar 13Michael T. McCaul(TX)buy$1K–$15K
Mar 12Michael T. McCaul(TX)buy$1K–$15K
Mar 6Michael T. McCaul(TX)buy$1K–$15K
Feb 13Michael T. McCaul(TX)buy$1K–$15K
Feb 10Michael T. McCaul(TX)buy$1K–$15K
Feb 5Michael T. McCaul(TX)buy$1K–$15K
Feb 3Michael T. McCaul(TX)buy$1K–$15K
Jan 30Michael T. McCaul(TX)buy$1K–$15K
Jan 13Michael T. McCaul(TX)buy$1K–$15K
Dec 17Michael T. McCaul(TX)buy$1K–$15K
Dec 16Michael T. McCaul(TX)buy$1K–$15K
Dec 8Michael T. McCaul(TX)buy$1K–$15K
Nov 28Michael T. McCaul(TX)buy$1K–$15K
Nov 14Rohit Khanna(CA)buy$15K–$50K
Oct 27Michael T. McCaul(TX)sell$15K–$50K
Sep 25Lisa McClain(MI)buy$1K–$15K
Aug 21Michael T. McCaul(TX)sell$1K–$15K

Showing 20 of 35 disclosed trades.

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Data sourced from public STOCK Act disclosures. Coldpine is a publisher of intelligence on congressional disclosures, not an investment adviser. See full history and scores, free with an account →