WiltonI love Mikey's stock scandal.

ME:Doesn't look like there is a stock scandal. Bu

SNIP Sherrill releases exact values of her finances, showing no unusual stock gains

Democratic gubernatorial nominee worth $9.4 million, almost entirely based on her husband’s earnings; Sherrill owns no individual stocks, only ETFs

By David Wildstein, August 14 2025 5:59 pm

Democratic gubernatorial candidate Mikie Sherrill has filed an annual financial disclosure report that lists specific values of her assets, going beyond the disclosures required by federal and state laws and debunking the theory that she’s personally profited off her service as a congresswoman.

According to her disclosure, which includes the exact values of her stock funds, Sherrill and her husband, Jason Hedberg, who runs equity derivative sales at a New York investment bank, have an estimated net worth of roughly $9.4 million.

Most of that was accumulated through Hedberg’s salary and bonus; he made $2,913,882 in 2024, $2,748,591 in 2023, $2,704,916 in 2022, and $2,581,419 in 2021. (Sherrill’s own congressional salary is $174,000.)

There’s nothing in the disclosure to indicate that Sherrill has unfairly used the stock market to grow her family’s wealth. In December 2019, Sherrill began the process of selling all of her individual stocks and convert her holdings to exchange-traded funds (ETFs) – essentially a basket of investments that can be purchased as stock – that prevent any appearance of conflict. Sherrill and Hedberg do not buy and sell individual stocks, with one exception: they sell shares of UBS Securities stock earned by Hedberg as part of his employee compensation package.

That runs contrary to attacks from her Republican gubernatorial opponent, former Assemblyman Jack Ciattarelli

newjerseyglobe.com - Sherrill releases exact values of her finances showing no unusual stock gains