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Pelosi’s Husband Locked In $5.3 Million From Alphabet Options

  • Action was week before House panel considered antitrust bills
  • Antitrust bills target Alphabet’s Google, Apple, Amazon
Paul Pelosi
Paul PelosiPhotographer: Bill Clark/CQ-Roll Call/Getty Images

Speaker Nancy Pelosi’s husband, Paul Pelosi, won big on Alphabet Inc. stock and added bets on Amazon.com Inc. and Apple Inc. in the weeks leading up to the House Judiciary Committee’s vote on antitrust legislation that seeks to severely limit how these companies organize and offer their products.

In a financial disclosure signed by Nancy Pelosi July 2, her husband reported exercising call options to acquire 4,000 shares of Alphabet, the parent company of Google, at a strike price of $1,200. The trade netted him a $4.8 million gain, and it’s risen to $5.3 million since then as the shares have jumped.