Analysis: Cleo Fields's buy of QNT (Quantinuum Inc.)
Assessment: On watch
Rep. Fields bought QNT one day prior to a massive, coordinated $19M+ insider buying cluster, though the small trade size and lack of direct committee jurisdiction suggest a possible managed account or offering allocation.
- Member: Cleo Fields
- Party / state: Democratic (state not provided)
- Chamber: House
- Transaction: Buy
- Amount: $1,001 - $15,000
- Ticker: QNT
- Company: Quantinuum Inc.
- Trade date: 2026-06-04
- Disclosure date: 2026-06-26
- Disclosure lag: 22 days
Executive summary
Rep. Cleo Fields (House; Committee on Financial Services) disclosed a purchase of Quantinuum Inc. (QNT) on 2026-06-26 for a trade dated 2026-06-04 in the $1,001–$15,000 range. In the member-provided trading history dataset, this is the only QNT trade and falls within a broader pattern of frequent equity purchases across a set of large-cap technology tickers. In the same general window, Quantinuum insiders reported multiple Form 4 acquisitions and purchases dated 2026-06-03 through 2026-06-05 and filed on 2026-06-08 (per user-provided EDGAR enrichment).
Within the provided trading history (191 total trades across 33 tickers from 2025-06-30 to 2026-06-15), the member’s QNT activity consists of a single purchase on 2026-06-04; there are no prior QNT trades in the dataset and no QNT sales reported. The disclosed amount range for QNT ($1,001–$15,000) matches one of the smaller trade-size bands that also appears in multiple other positions in the dataset, alongside substantially larger purchase ranges in other tickers (e.g., $100,001–$250,000 and $250,001–$500,000 shown in the summary). The QNT disclosure lag is 22 days (trade date 2026-06-04; filed 2026-06-26). Primary-source contextual checks (Congress.gov, Federal Register, USAspending, Regulations.gov, and broad news searches) could not be executed in this environment, so no verified legislative/hearing/regulatory/contract catalysts are included here. The only primary-source URLs available in this run are SEC EDGAR endpoints; the user-provided EDGAR enrichment indicates no 8-K filings in the 2026-03-06 to 2026-07-04 window and indicates net insider buying activity (11 buys/0 sells) within the defined Form 4 activity window, with multiple purchases recorded on 2026-06-05 at price 60.
Timeline
- 2026-06-03 — Quantinuum insiders reported multiple Form 4 transactions dated 2026-06-03 (including acquisition/award codes and at least one tax withholding/payment transaction for CEO).
- 2026-06-04 — Rep. Cleo Fields purchase of QNT ($1,001-$15,000) reported price per share at trade time $60.38 (per user-provided dataset).
- 2026-06-04 — Quantinuum insiders reported multiple Form 4 transactions dated 2026-06-04 (grant/award/acquisition code 'A' entries reported in provided dataset).
- 2026-06-05 — Quantinuum insiders reported multiple open-market/private purchases (code 'P') dated 2026-06-05 at price 60 (per user-provided deterministic EDGAR enrichment).
- 2026-06-08 — Multiple Quantinuum Form 4 filings posted to EDGAR (accession numbers include 0001628280-26-041620 through 0001628280-26-041635, per provided inventory).
- 2026-06-26 — Rep. Cleo Fields filed the periodic transaction report disclosing the QNT purchase.
Independent analysis of public financial disclosures. Not financial or investment advice.