HEADLINE: “Sen. Sullivan Discloses Stock Sales Late, In Violation Of Financial Reporting Law.” [Anchorage Daily News, 11/10/22 (opens in new tab)]
HEADLINE: “AK Senator Dan Sullivan Busted For Illegal Sale Of Stocks In World’s Largest Farmed Salmon Company.” [Alaska Fish News, 1/26/26 (opens in new tab)]
HEADLINE: “Republican Sen. Dan Sullivan Of Alaska Is The Latest Member Of Congress To Violate A Federal Conflicts-Of-Interest Law With Improperly Disclosed Stock Trades.” [Business Insider, 11/6/22 (opens in new tab)]
Alaska Fish News: “Alaska Republican Sen. Dan Sullivan Violated A Congressional Financial Law By Failing To Report Two Stock Sales By The Federal Disclosure Deadline” As He “Inherited Two Stocks Upon The Death Of His Parent” In Mowi, The World’s Largest Producer Of Atlantic Salmon. “Alaska Republican Sen. Dan Sullivan violated a congressional financial law by failing to report two stock sales by the federal disclosure deadline. According to a November 3 filing, Sullivan inherited two stocks upon the death of his parent. Capitol Trades, which monitors politicians’ stock market activity, said the disclosure stated that these stocks were sold in full by a third-party investing expert who counseled against filing the trade until October 30. Both of the trades were committed in August, Capitol Trades reported. First was the sale of $15,000 – $50,000 worth of shares of Mowi ASA (MHGVY:US), the Norwegian seafood company, formerly known as Marine Harvest ASA. Mowi is the world’s largest producer of Atlantic salmon and is represented in 25 countries.” [Alaska Fish News, 1/26/26 (opens in new tab)]
Capitol Trades: “The Timing Of [Sullivan’s Mowi Stock] Sale Was Excellent Given That Shares Closed At $15.25 On November 04 While Rep. Sullivan’s Exit Price Was $23.47.” “According to a filing published on November 3, 2022, Senator Dan Sullivan inherited two stocks upon the death of his parent. The disclosure stated that these stocks were sold in full by a third-party investing expert who counseled against filing the trade until October 30. Both of the trades were committed in August, first was the sale of $15,000 - $50,000 worth of shares of Mowi ASA (MHGVY:US), the Norwegian seafood company, formerly known as Marine Harvest ASA. The timing of the sale was excellent given that shares closed at $15.25 on November 04 while Rep. Sullivan’s exit price was $23.47.” [Capitol Trades, 2/6/24 (opens in new tab)]
Mowi Is A Norwegian Company. “Mowi’s headquarter is located in Bergen, Norway and represent the origin of our company started in 1964. Today Norway is our largest and most important farming region with presence from the South to the very North of the country. In Norway, our operations cover the entire value chain from breed and feed to farming in freshwater and seawater to sales. In addition, Norway is the center for our genetics department, RnD efforts as wel as trading, central administration and general managment team.” [Mowi, About Us, accessed 6/5/26 (opens in new tab)]
Mowi Was One Of The Top Five Largest Seafood Companies In The North America Market. “The North America Seafood Market is fragmented, with the top five companies occupying 14.17%. The major players in this market are Mowi ASA, NH Foods Ltd, Sysco Corporation, Thai Union Group PCL and The Kraft Heinz Company (sorted alphabetically).” [Mordor Intelligence, May 2025 (opens in new tab)]
March 2026: Mowi Was Planned To Expand Its “Value-Added Sales” In The U.S. Market. “Mowi is likely to pull back from British Columbia and refocus on Eastern Canada, while expanding in Chile and increasing its value-added sales into the US market... Norwegian giant Mowi, the world's largest salmon farmer, is recalibrating its Americas footprint as diverging regional dynamics in Canada, Chile, and the US reshape both its production footprint and sales strategy, the company reveals in its just-released 268-page annual report.” [Undercurrent News, 3/26/26 (opens in new tab)]
HEADLINE: “Salmon Prices Drop As Market Floods” [IntraFish, 6/5/26 (opens in new tab)]
October 2024: HEADLINE: “Commercial Salmon Fishers Struggle With Low Prices.” [Salish Current, 10/21/24 (opens in new tab)]
According To Salish Current, A Decline In Salmon Priced Started Decades Ago “With The Introduction Of Farmed Salmon” Since Farmed Salmon Often Outcompeted Wild-Caught Salmon. “The unusual Bristol Bay sockeye surplus of 2022 explains the recent crash in salmon prices, but the decline actually started decades ago, with the introduction of farmed salmon. In 1988, Bristol Bay fishers received more than $2 per pound for sockeye at the dock. By 2001 that price declined to under $.50 per pound. As farmed salmon came onto the market, wild salmon prices crashed. Today, three to four times more farmed salmon is produced in the world than wild salmon harvested, according to the Certifications and Ratings Collaboration. Farmed salmon is imported to the U.S. primarily from Chile, Canada and Norway. According to data provided by John Simeone, an independent consultant who specializes in natural resource supply chain analysis, imports of farmed salmon from Chile have grown to dominate the market in the last couple years. Per Jessica Gephart, a professor at the University of Washington’s School of Aquatic and Fishery Sciences who specializes in the global seafood trade, ‘These super productive farms with lower labor costs are often able to compete better on price.’ Gibbons says it’s part of the nature of a wild fishery to be a little more colorful and chaotic. ‘Here you have this ragtag coastal fleet of fishermen who are all independent businessmen, who all march to the beat of their own drum, but it’s not nearly as efficient as a factory farm.’ He also pointed to inconsistency on the quality of wild salmon versus how well farmed salmon are handled and packaged.” [Salish Current, 10/21/24 (opens in new tab)]
According To The Institute Of Social And Economic Research, The “Most Important Factor In Driving Change In World Salmon Prices” Was The Growth In World Farmed Salmon Production. “The most important factor driving change in world salmon prices has been rapid and sustained growth in world farmed salmon and salmon trout production. This has fundamentally transformed world salmon markets—not only because of the dramatic growth in total supply, but also because of the changes that it has represented in the kinds of salmon products which are available, the timing of production, market quality standards and organization of the industry.” [Institute of Social and Economic Research, 2/7/07 (opens in new tab)]
Between 2015 And 2024, Dan Sullivan Reported Nearly 80 Stock Trades Worth About $2 Million Since Entering Federal Office. “Between 2015 and 2024, Sullivan reported nearly 80 stock trades worth between $550,000 and $2.08 million. He was the only federal politician from Alaska to report any stock transactions in this period.” [American Journal News, 4/14/26 (opens in new tab)]
2013: Sullivan’s Net Worth Ranged From $1.5 Million To $3.8 Million. “If Dan Sullivan were elected, he'd join the Senate millionaires' club, according to his Senate candidate financial disclosure report. His net worth -- not counting the value of his Hillside home -- is between $1.5 million and $3.8 million, according to information in the report, filed Feb. 19. Senators and candidates report finances within a range and don't have to list their primary residence, though some do. Sullivan didn't, however.” [Anchorage Daily News, 4/19/14 (opens in new tab)]
2024: Sullivan’s Net Worth Ranged From $2,968,058 – $11,815,006.
SULLIVAN NET WORTH RANGE 2024
| Year | High Range Asset Value | Low Range Liability Value | High Range Value Net | Low Range Asset Value | High Range Liability Value | Low Range Net Value |
|---|
| 2024 | $12,380,010 | $565,004 | $11,815,006 | $4,118,058 | $1,150,000 | $2,968,058 |
[U.S. Senate Financial Disclosures, Daniel Sullivan, Annual Report for Calendar 2024, filed 8/13/25 (opens in new tab)]
Sullivan’s Net Worth More Than Tripled. [Quiver Quantitative, accessed 2/5/25 (opens in new tab)]
2015 – 2024: Sullivan Sold Between $12,012 And $180,000 Worth Of Stock In Pharmaceutical, Biotech, Medical Device, And Health Insurance Companies.
2015 – 2024: Sullivan Pharma, Medical, And Health Insurance Stock Sales
| Report Date | Transaction Date | Owner | Company | Type | Minimum Amount | Maximum Amount |
|---|
| 2/13/23 | 1/10/23 | Joint | Bristol-Myers Squibb Company Common Stock | Sale (Partial) | $1,001 | $15,000 |
| 2/13/23 | 1/10/23 | Joint | CVS Health Corporation Common Stock | Sale (Partial) | $1,001 | $15,000 |
| 7/26/23 | 11/30/22 | Joint | Stryker Corporation Common Stock | Sale (Full) | $1,001 | $15,000 |
| 7/26/23 | 11/30/22 | Joint | Medtronic plc. Ordinary Shares | Sale (Full) | $1,001 | $15,000 |
| 7/26/23 | 11/30/22 | Joint | Baxter International Inc. Common Stock | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Zoetis Inc Cl A | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Thermo Fisher Scientific Inc | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Laboratory Corp of America Holdings | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Johnson & Johnson | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | CVS Corp | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Bristol-Myers Squibb Company | Sale (Full) | $1,001 | $15,000 |
| 9/22/23 | 8/22/23 | Joint | Align Technology, Inc. - Common Stock | Sale (Full) | $1,001 | $15,000 |
| | | | TOTAL: | $12,012 | $180,000 |
[U.S. Senate Financial Disclosures, Daniel Sullivan, accessed 7/29/26 (opens in new tab)]
Bristol-Myers Squibb And Johnson & Johnson Faced Accusations Of Price Inflation. “In case you missed it, a new report this week from Patients for Affordable Drugs (P4AD) looks into the history of two blockbuster blood-thinning medications, Bristol Myers Squibb and Pfizer’s Eliquis and Johnson & Johnson’s Xarelto. The study found prices for both drugs have more than doubled since coming to market in 2011, and that the Big Pharma companies who manufacture them have seemingly hiked prices in “lockstep” to prevent consumers from accessing lower-cost medications.” [CSRXP, 4/7/22 (opens in new tab)]
2024: Sullivan And His Spouse Held Stock In RPM International Valued At $1.1-5 Million.
[U.S. Senate Financial Disclosures, Daniel Sullivan, 2024 Annual Report, filed 8/13/25 (opens in new tab)]
RPM International: “RPM International Inc. Is A $7.3 Billion, Multinational Company With Subsidiaries That Are World Leaders In Specialty Coatings, Sealants, Building Materials And Related Services.” “RPM International Inc. is a $7.3 billion, multinational company with subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company has a diverse portfolio with hundreds of name-brand products, many of which are leaders in the markets they serve.” [RPM International, Fiscal 2024 Fact Sheet, accessed 3/10/25 (opens in new tab)]
Yahoo Finance: RPM International “Manufactures, Markets, And Sells Various Specialty Chemicals For The Construction, Industrial, Specialty, And Consumer Markets Internationally.” “RPM International Inc. manufactures, markets, and sells various specialty chemicals for the construction, industrial, specialty, and consumer markets internationally. It operates in four segments: CPG, PCG, Consumer, and SPG.” [Yahoo Finance, accessed 9/10/25 (opens in new tab)]
In 2015, Sullivan And His Spouse Held Between $500,001 And $1,000,000 In RPM International Stock.
[U.S. Senate Financial Disclosures, Daniel Sullivan, 2014 Annual Report, filed 8/13/15 (opens in new tab)]
2024: Sullivan And His Spouse Held Stock In RPM International Valued At $1.1-5 Million.
[U.S. Senate Financial Disclosures, Daniel Sullivan, 2024 Annual Report, filed 8/13/25 (opens in new tab)]
Sullivan Made Up To $550,000 From His RPM International Holdings Between 2014 And 2024. “Alaska Sen. Dan Sullivan is personally and financially linked to a chemical company that paid a $65 million settlement for allegedly defrauding the federal government. RPM International, based in Ohio, was founded by Sullivan’s grandfather and is currently run by his brother, Frank C. Sullivan. The senator owns up to $5 million worth of RPM stock, making it his largest holding. […] Sullivan was elected to the U.S. Senate the following year. Since then, RPM has been awarded more than $5 million in new government contracts. […] Sullivan made up to $550,000 from his RPM holdings between 2014 and 2024.” [American Journal News, 6/11/26 (opens in new tab)]
RPM’s Carboline Dalian Company Was Based In Dalian, China But Had Operations In Shanghai, Tianjin, Guangzhou, And Hong Kong. “RPM International announced that its Carboline Company subsidiary acquired the remaining 51% interest in its Chinese joint venture, Carboline Dalian Paint Production Co., Ltd. (Carboline Dalian), bringing its total ownership to 100%. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. Carboline acquired its initial 49% interest in the company in 2009. UniChemical Company, originally a Carboline licensee, has been Carboline's long-standing partner in the joint venture. Carboline Dalian, with sales of approximately $11 million, manufactures corrosion control coatings and linings for oil and gas, power and petrochemical related projects. Headquartered in Dalian, China, the company also has operations in Shanghai, Tianjin, Guangzhou and Hong Kong.” [Indian Chemical News, 3/6/18 (opens in new tab)]
Material Performance: “Carboline Dalian, With Sales Of Approximately $11 Million, Manufactures Corrosion Control Coatings And Linings For Oil And Gas, Power, And Petrochemical-Related Projects.” “RPM International announced that its Carboline Co. subsidiary has acquired the remaining 51% interest in its Chinese joint venture, Carboline Dalian Paint Production Co. (Carboline Dalian), bringing its total ownership to 100%. Carboline acquired its initial 49% interest in the company in 2009. UniChemical Company, originally a Carboline licensee, has been Carboline's long-standing partner in the joint venture. Carboline Dalian, with sales of approximately $11 million, manufactures corrosion control coatings and linings for oil and gas, power, and petrochemical-related projects. Headquartered in Dalian, China, the company also has operations in Shanghai, Tianjin, Guangzhou and Hong Kong. ‘China presents vast growth opportunities, but is also a very dynamic market. Because of these conditions, we chose to enter China in 2009 with a local joint venture partner,’ says Frank C. Sullivan, RPM’s chairman and CEO. ‘Now, with full ownership of the business, we can accelerate the growth of Carboline in the region and enable it to serve as a platform for our other subsidiaries to increase their penetration throughout the Chinese marketplace.’ Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.” [Materials Performance, 5/30/16 (opens in new tab)]
Adhesives Magazine: Carboline Dalian “Manufactures Corrosion-Control Coatings And Linings For A Range Of Industries, Including Offshore Drilling, Oil And Gas, Petrochemical, General Manufacturing, And OEM, [And] Nuclear And Conventional Power.” “RPM International Inc., Medina, OH, has announced the acquisition of a 49% interest in Chinese licensee Carboline Dalian Paint Production Co. Ltd (Carboline Dalian) by its subsidiary, Carboline Co. The remaining 51% of the joint venture will be owned by UniChemical Co., a long-standing partner of Carboline’s in another venture, Carboline Korea Ltd. Carboline Dalian manufactures corrosion-control coatings and linings for a range of industries, including offshore drilling, oil and gas, petrochemical, general manufacturing and OEM, nuclear and conventional power, and more. Carboline Dalian’s headquarters and manufacturing facilities are located in Dalian City, Liaoning Province, People’s Republic of China. The company, which employs 60, also has a sales office and warehouse in Shanghai.” [Adhesives Magazine, 3/1/09 (opens in new tab)]
Carboline Dalian Claimed Its Products Provided “Durable Protection For The Oil And Gas Industry.” According to a google translation of Carboline Dalian’s website, “Carboline's marine and marine product line has long been recognized as a leader in high-performance, long-life products, providing durable protection for the oil and gas industry. We have now expanded our expertise to the marine industry and are committed to providing them with high-quality products and technical services. Carboline recently acquired F&H Marine Coatings, which has nearly 90 years of experience producing high-performance paints for the US government, ocean liners, tugboats, and inland barges. Carboline is now a leading supplier of specialized marine paints.” [Carboline Dalian, 1/17/12 (opens in new tab), accessed via Wayback Machine on 12/1/25 (opens in new tab)]
RPM International Received More Than $5 Million In Government Contracts Since Sullivan Was Elected To The U.S. Senate. “Alaska Sen. Dan Sullivan is personally and financially linked to a chemical company that paid a $65 million settlement for allegedly defrauding the federal government. RPM International, based in Ohio, was founded by Sullivan’s grandfather and is currently run by his brother, Frank C. Sullivan. The senator owns up to $5 million worth of RPM stock, making it his largest holding. […] Sullivan was elected to the U.S. Senate the following year. Since then, RPM has been awarded more than $5 million in new government contracts. […] Sullivan made up to $550,000 from his RPM holdings between 2014 and 2024.” [American Journal News, 6/11/26 (opens in new tab)]
Peltola Announced An Anti-Corruption Plan That Included Banning Congressional Stock Trading And Passing Term Limits. “Mary will fight for 12 year term limits in Congress, giving our representatives deadlines to deliver for Alaska. [...] For too long, politicians on both sides of the aisle have used their offices to profit off of insider information. Mary will fight against self-dealing and ban members of Congress from stock trading through the bipartisan Restore Trust in Congress Act.” [Mary Peltola for U.S. Senate, Priorities, Fixing the Rigged System, accessed 6/8/26 (opens in new tab)]
HEADLINE: “Alaska U.S. Senate Candidate Mary Peltola Calls For Congressional Term Limits.” [Alaska Beacon, 5/16/26 (opens in new tab)]
HEADLINE: “Washington Rewards Failure. It’s Time To Send Career Politicians Home.” [Fox News, Opinion, Mary Peltola, 7/5/26 (opens in new tab)]
