Rep. Pete Sessions sells up to $15K in Ares Capital (ARCC)
As seen on the 24/7 Wall St. homepage on July 24, 2026.
- ARCC Ares Capital Corporation - Closed End Fund (ARCC)Sell$1K – $15K
Rep. Pete Sessions unloaded up to $15K in Ares Capital (ARCC), a closed-end credit fund, as Congress weighs tighter restrictions on lawmakers' stock trading.
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On July 24, 2026, Representative Pete Sessions filed a disclosure reporting the sale of up to $15K worth of Ares Capital Corporation, a closed-end credit fund. The filing date and the transaction date are the same, meaning the disclosure lag was zero days — far quicker than lawmakers typically report their trades.
Ares Capital is a business development company that focuses on lending to mid-sized businesses, making it a common choice for income-oriented investors seeking higher yields. The sale comes at a moment when Congress is actively weighing tighter restrictions on lawmakers' ability to trade individual securities, lending additional scrutiny to any transaction that surfaces on a disclosure form right now.
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The dollar figure reported reflects the bracket-based system Congress uses, so the exact number of shares and the precise sale price are not publicly known. Investors tracking ARCC for signs of politically connected sentiment may want to watch for further filings in the weeks ahead.
Sources
Mentioned: ARCC