Richard W. Allen
Suspicious Timing Detected
5 flagsRichard W. Allen bought $15,001-$50,000 in $SPGI on 2026-01-14, 12 days before HR2988 ("Protecting Prudent Investment of Retirement Savings Act") was introduced, a bill with a bearish signal for the company.
Richard W. Allen sold $50,001-$100,000 in $AWK on 2026-01-14, 19 days before HR6668 ("Clean Water Standards for PFAS Act of 2025") was introduced, a bill with a bearish signal for the company.
Richard W. Allen sold $50,001-$100,000 in $AWK on 2026-01-14, 19 days before HR6464 ("Affordable Clean Water Infrastructure Act") was introduced, a bill with a bullish signal for the company.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
Share This Filing
All Transactions
| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| BUY | \u2014 | US Treasury Note 3.5% DUE 01/31/28(Government Security) | $100K-$250K | — | — | — | Jan 26, 2026 |
| BUY | $SPGI | S&P Global Inc. Common Stock | $15K-$50K | — | — | — | Jan 14, 2026 |
| SELL | $AWK | American Water Works Company, Inc. Common Stock | $50K-$100K | — | — | — | Jan 14, 2026 |
| SELL | $PAYX | Paychex, Inc. - Common Stock | $15K-$50K | — | — | — | Jan 14, 2026 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
Small Business Dependent Care FSA Opportunity Act
The Small Business Dependent Care FSA Opportunity Act creates a new tax credit for small employers to establish dependent care flexible spending plans. This directly expands the market for FSA administrators and increases disposable income for eligible employees, boosting consumer spending potential.
To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the total amount of Federal assistance for projects in States experiencing severe drought, regionally and nationally significant projects, and for other purposes.
The DROUGHT Act of 2026 (HR7845) proposes to increase federal assistance for water infrastructure projects in severe drought regions from 49% to 90% of project costs. This bill, currently in the early stages of the legislative process, could expand the addressable market for water technology, construction, and utility companies by providing a significant financial incentive for new projects. The bill has been referred to two committees, indicating it is in the initial phase of consideration.
Protecting Prudent Investment of Retirement Savings Act
The Protecting Prudent Investment of Retirement Savings Act mandates that ERISA fiduciaries prioritize pecuniary factors, effectively eliminating ESG considerations from 401(k) investment decisions. This directly reduces demand for ESG-focused funds and services, impacting asset managers and ESG data providers. The bill reverses prior Department of Labor guidance.
Water Project Navigators Act
The Water Project Navigators Act (HR7408) has been introduced in the House and referred to committee, establishing a program to assist disadvantaged communities in securing funding for water infrastructure projects. While the bill does not authorize specific funding amounts, it creates a mechanism for future investment in water infrastructure, potentially increasing demand for water technology and utility services. The bill has a companion in the Senate (S3792) which has held hearings.
Affordable Clean Water Infrastructure Act
The Affordable Clean Water Infrastructure Act directly expands the market for water infrastructure projects, increasing demand for water treatment technologies and services. This bill provides financial assistance for rural, small, and tribal wastewater treatment works, creating new revenue streams for companies in the water utility and technology sectors.
Clean Water Standards for PFAS Act of 2025
The Clean Water Standards for PFAS Act of 2025 mandates strict EPA PFAS regulations, directly increasing compliance costs for manufacturers and water utilities. This legislation creates significant financial burdens for companies with historical PFAS use or discharge, while boosting demand for advanced water treatment technologies. Water treatment solution providers will see increased revenue.
Ohio River Restoration Program Act of 2026
The Ohio River Restoration Program Act of 2026 (S.3796) has been introduced in the Senate and referred to committee, establishing an EPA program for the Ohio River Basin. While the bill creates a framework for future federal investment in water quality and ecosystem restoration, it does not yet authorize specific funding amounts. Companies in water treatment and environmental services are structurally positioned to benefit from future appropriations related to this program.
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "The Fair Credit Reporting Act's Limited Preemption of State Laws".
This joint resolution re-establishes state authority over credit reporting, increasing compliance costs for national lenders and credit reporting agencies. The fragmented regulatory landscape directly impacts profitability for companies operating across state lines. This creates a significant operational burden and reduces efficiency for large financial institutions and credit bureaus.
Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025
The Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025 establishes an interest-bearing account for non-federal contributions, ensuring continued funding for water management and environmental projects. This bill streamlines funding for existing conservation efforts, providing stability for water utilities and environmental service providers in the region. It does not introduce new spending but rather manages existing funds more efficiently.
Large-Scale Water Recycling Reauthorization Act
The Large-Scale Water Recycling Reauthorization Act extends a competitive grant program for large-scale water recycling and reuse from 5 to 10 years, providing a stable, long-term funding outlook for water infrastructure projects. This directly benefits companies involved in water treatment, engineering, and related technologies by expanding the market for their services and products. The reauthorization ensures continued federal investment in water recycling, driving demand for advanced water management solutions.
Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.