Abraham Sutton
The data on this page comes from a financial disclosure filed by Abraham Sutton, who was picked to be: Deputy Administrator and Director, Centers for Medicare and Medicaid Innovation, Department of Health & Human Services. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Rubicon Founders | 1 | ||||
| Rubicon Founders, deferred compensation: cash receivable | $250K - $500K | None (or less than $201) | 1.1 | ||
| Rubicon Founders | $760K | Salary/Bonus | 1.2 | ||
| Rubicon Founders - anticipated bonus | $50,001 - $100K | None (or less than $201) | 1.3 | ||
| Rubicon Founders - anticipated severance | $250K - $500K | None (or less than $201) | 1.4 | ||
| Rubicon Founders Fund I, carried interest (value not readily ascertainable) | $15,001 - $50,000 | None (or less than $201) | 1.5 | ||
| Rubicon Founders Fund II, carried interest (value not readily ascertainable) | $1,001 - $15,000 | None (or less than $201) | 1.6 | ||
| Honest Health | $1M - $5M | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.7 | |
| Evergreen Nephrology | $1M - $5M | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.8 | |
| HarmonyCares | $250K - $500K | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.9 | |
| Imagine Pediatrics | $250K - $500K | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.10 | |
| Privia Health Group Inc. | $50,001 - $100K | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.11 | |
| Profound Research | $50,001 - $100K | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.12 | |
| Indigo Insurance | $15,001 - $50,000 | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.13 | |
| US Heart & Vascular | $100K - $250K | None (or less than $201) | Per his employment terms with Rubicon, filer was given the opportunity to invest in this company and holds an interest in this company which is part of Rubicon's investment portfolio. | 1.14 | |
| Rubicon 401K plan | 2 | ||||
| iShares MSCI EAFE International Index Fund Class K Shares (BTMKX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) | $15,001 - $50,000 | None (or less than $201) | 2.2 | ||
| Vanguard Consumer Staples Index Fund Admiral Shares (VCSAX) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $50,001 - $100K | None (or less than $201) | 2.4 | ||
| Vanguard Utilities Index Fund Admiral Shares (VUIAX) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| IRA #1 | 3 | ||||
| ISHARES CORE MSCI EMERGING ETF (IEMG) | None (or less than $1,001) | None (or less than $201) | 3.1 | ||
| ISHARES S&P MID CAP 400 GRWTH ETF (IJK) | $1,001 - $15,000 | None (or less than $201) | 3.2 | ||
| iShares Core S&P 500 ETF (IVV) | $1,001 - $15,000 | None (or less than $201) | 3.3 | ||
| ISHARES MSCI USA MOMNTUMFCT ETF (MTUM) | None (or less than $1,001) | None (or less than $201) | 3.4 | ||
| ISHARES MSCI USA MIN VOLFCTR ETF (USMV) | $1,001 - $15,000 | None (or less than $201) | 3.5 | ||
| Vanguard Small-Cap Index Fund ETF Shares (VB) | $1,001 - $15,000 | None (or less than $201) | 3.6 | ||
| VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) | $1,001 - $15,000 | None (or less than $201) | 3.7 | ||
| Vanguard Value Index Fund ETF Shares (VTV) | $1,001 - $15,000 | None (or less than $201) | 3.8 | ||
| Vanguard Growth Index Fund ETF Class Shares (VUG) | None (or less than $1,001) | None (or less than $201) | 3.9 | ||
| TECHNOLOGY SELECT SECTORSPDR ETF IV (XLK) | None (or less than $1,001) | None (or less than $201) | 3.10 | ||
| Cash & Cash Investments | None (or less than $1,001) | None (or less than $201) | 3.11 | ||
| McKinsey Money Purchase Pension Plan | 4 | ||||
| State Street Target Retirement 2055 Non- Lending Series Fund Class A | None (or less than $1,001) | None (or less than $201) | 4.1 | ||
| State Street Target Retirement 2060 Non- Lending Series Fund Class A | $15,001 - $50,000 | None (or less than $201) | 4.2 | ||
| State Street Global All Cap Equity Ex-U.S. Index Non-Lending Series Fund Class A | $1,001 - $15,000 | None (or less than $201) | 4.3 | ||
| IRA #2 | 5 | ||||
| Vanguard Energy Index Fund ETF Class Shares (VDE) | $1,001 - $15,000 | None (or less than $201) | 5.1 | ||
| SPDR S&P 500 ETF TRUST (SPY) | $50,001 - $100K | None (or less than $201) | CONFIRM W FILER | 5.2 | |
| Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $100K - $250K | None (or less than $201) | 5.3 | ||
| IRA #3 | 6 | ||||
| SPDR S&P 500 ETF TRUST (SPY) | $100K - $250K | None (or less than $201) | 6.1 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| McKinsey & Company | I continue to participate in this defined contribution plan. The plan sponsor ceased making contributions at my separation. (2014-07-01) | 1 | |
| Rubicon Founders | Pursuant to the terms of my employment agreement, I have received 9 deferred compensation payments to date and another 15 remain to be paid. (2024-04-01) | 2 | |
| Rubicon Founders | Per the terms of my employment agreement, I anticipate receiving my annual year-end performance bonus payment in January of 2025. (2024-04-01) | 3 | |
| Rubicon Founders | Pursuant to employment agreement, I will receive a severance payment. (2025-01-01) | 4 | |
| Rubicon Founders | I hold both carry in Rubicon Fund I and Rubicon Fund II, and direct profit units in individual portfolio companies. I retain vested portions. Unvested portions of the profit untis and carry in different companies receive distinct treatment depending on the negotiated legal agreements. I also exercised co-investment rights in several portfolio companies. (2021-02-01) | 5 | |
| Rubicon Founders | I continue to participate in this defined contribution plan. The plan sponsor ceased making contributions at my separation. (2021-02-01) | 6 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| Rubicon Founders | As Vice President and Principal, filer led investigation of different investment ideas within healthcare services sector. | 1 |
Spouse’s Assets
Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Moderna Summer Internship | Salary, Bonus | 1 | |||
| Ophelia Health, exercised option | $15,001 - $50,000 | None (or less than $201) | 2 | ||
| 401K Plan | 3 | ||||
| BTC LPATH IDX 2026 | $100K - $250K | None (or less than $201) | 3.1 | ||
| Roth IRA | 4 | ||||
| ISHARES CORE MSCI EMERGING ETF (IEMG) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| ISHARES S&P MID CAP 400 GRWTH ETF (IJK) | $15,001 - $50,000 | None (or less than $201) | 4.2 | ||
| iShares Core S&P 500 ETF (IVV) | $50,001 - $100K | None (or less than $201) | 4.3 | ||
| ISHARES MSCI USA MOMNTUMFCT ETF (MTUM) | $1,001 - $15,000 | None (or less than $201) | 4.4 | ||
| ISHARES MSCI USA MIN VOLFCTR ETF (USMV) | $1,001 - $15,000 | None (or less than $201) | 4.5 | ||
| Vanguard Small-Cap Index Fund ETF Shares (VB) | $15,001 - $50,000 | None (or less than $201) | 4.6 | ||
| VANGUARD FTSE DEVELOPED MARKETS (VEA) | $1,001 - $15,000 | None (or less than $201) | 4.7 | ||
| Vanguard Value Index Fund ETF Shares (VTV) | $1,001 - $15,000 | None (or less than $201) | 4.8 | ||
| Vanguard Growth Index Fund ETF Class Shares (VUG) | $1,001 - $15,000 | None (or less than $201) | 4.9 | ||
| TECHNOLOGY SELECT SECTORSPDR ETF IV (XLK) | $1,001 - $15,000 | None (or less than $201) | 4.10 | ||
| Cash & Cash Investments | $1,001 - $15,000 | None (or less than $201) | 4.11 |
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Whole/Universal Life insurance policy with New York Life | $100K - $250K | None (or less than $201) | 1 | ||
| HSA: U.S. bank (cash) | $1,001 - $15,000 | None (or less than $201) | 2 | ||
| US Bank Acount Cash #1 | $1,001 - $15,000 | None (or less than $201) | 3 | ||
| US Bank Acount Cash #2 | $1,001 - $15,000 | None (or less than $201) | 4 | ||
| Spouse's Family Trust #1: Excepted Trust | 5 | ||||
| Spouse's Family Trust #2: Excepted Trust | 6 | ||||
| Spouse's Family Trust #3: Excepted Trust | 7 | ||||
| Filer's Family Trust #1: Excepted Trust | 8 | ||||
| NY's 529 College Savings Program | 9 | ||||
| Vanguard Total Stock Market Index Fund Institutional Select Class Shares (VSTSX) | $50,001 - $100K | None (or less than $201) | 9.1 | ||
| Vanguard Total International Stock Index Fund Institutional Select Shares (VTISX) | $100K - $250K | None (or less than $201) | 9.2 | ||
| Vanguard Value Index Fund Institutional Shares (VIVIX) | $100K - $250K | None (or less than $201) | 9.3 | ||
| NY's 529 College Savings Program | 10 | ||||
| Vanguard Total Stock Market Index Fund Institutional Select Class Shares (VSTSX) | $15,001 - $50,000 | None (or less than $201) | 10.1 | ||
| Vanguard Total International Stock Index Fund Institutional Select Shares (VTISX) | $1,001 - $15,000 | None (or less than $201) | 10.2 | ||
| Vanguard Value Index Fund Institutional Shares (VIVIX) | $1,001 - $15,000 | None (or less than $201) | 10.3 | ||
| HSA | 11 | ||||
| SPDR S&P 500 ETF TRUST (SPY) | $15,001 - $50,000 | None (or less than $201) | 11.1 | ||
| Custodial account | 12 | ||||
| IEMG ISHARES CORE MSCI EMERGING ETF | $1,001 - $15,000 | None (or less than $201) | 12.1 | ||
| IJK ISHARES S&P MID CAP 400 GRWTH ETF | $1,001 - $15,000 | None (or less than $201) | 12.2 | ||
| IVV ISHARES CORE S&P 500 ETF IV | $15,001 - $50,000 | $201 - $1,000 | 12.3 | ||
| VB VANGUARD SMALL CAP ETF | $1,001 - $15,000 | None (or less than $201) | 12.4 | ||
| VEA VANGUARD FTSE DEVELOPED MARKETS ETF | $1,001 - $15,000 | None (or less than $201) | 12.5 | ||
| Cash & Cash Investments | None (or less than $1,001) | None (or less than $201) | 12.6 | ||
| Investment account | 13 | ||||
| MSFT Microsoft Corp | $100K - $250K | $201 - $1,000 | 13.1 | ||
| IJK ISHARES S&P MID CAP 400 GRWTH ETF | $50,001 - $100K | None (or less than $201) | 13.2 | ||
| SCHE SCHWAB EMERGING MARKETS EQUITY ETF | $1,001 - $15,000 | $201 - $1,000 | 13.3 | ||
| SCHF SCHWAB INTERNATIONAL EQUITY ETF | $50,001 - $100K | $1,001 - $2,500 | 13.4 | ||
| SCHG SCHWAB US LARGE CAP GROWTH ETF | $100K - $250K | $201 - $1,000 | 13.5 | ||
| SPY SPDR S&P 500 ETF IV | $50,001 - $100K | $5,001 - $15,000 | 13.6 | ||
| VB VANGUARD SMALL CAP ETF | $100K - $250K | $201 - $1,000 | 13.7 | ||
| VEA VANGUARD FTSE DEVELOPED MARKETS ETF | $15,001 - $50,000 | $1,001 - $2,500 | 13.8 | ||
| VTV VANGUARD VALUE ETF | $50,001 - $100K | $1,001 - $2,500 | 13.9 | ||
| XLK TECHNOLOGY SELECT SECTORSPDR ETF IV | $15,001 - $50,000 | None (or less than $201) | 13.10 | ||
| FSMAX FIDELITY EXTENDED MARKET INDEX | $100K - $250K | $201 - $1,000 | 13.11 | ||
| Investment account | 14 | ||||
| Fidelity Total Market Index Fund (FSKAX) | $100K - $250K | $1,001 - $2,500 | 14.1 | ||
| Fidelity International Index Fund (FSPSX) | $15,001 - $50,000 | $201 - $1,000 | 14.2 | ||
| FIDELITY 500 INDEX FUND (FXAIX) | $500K - $1M | $5,001 - $15,000 | 14.3 | ||
| Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $50,001 - $100K | $201 - $1,000 | 14.4 | ||
| Cash and cash equivalent | $15,001 - $50,000 | 14.5 |
Transactions
Officials are required to disclose the purchase, sale or exchange of property or securities in excess of $1,000. Many top officials are required to file periodic transaction reports (278-T) within 45 days to disclose additional actions. This table combines transactions from regularly scheduled financial disclosures and periodic transaction reports. If the same transaction appears on multiple reports, we’re only showing it once. (Form 278e, Part 7 and Form 278-T)
| Description | Value | Transaction | Endnote | Line No. |
|---|---|---|---|---|
| Privia Health | $100K - $250K | Sale, 2025-02-28
 | 1 | |
| Rubicon Fund II | $250K - $500K | Sale, 2025-03-13
| 1 | |
| Microsoft Corp. (MSFT) | $15,001 - $50,000 | Sale, 2025-03-11
| 1 | |
| HarmonyCares | $250K - $500K | Sale, 2025-02-28
| 2 | |
| United States Heart and Vascular | $50,001 - $100K | Sale, 2025-03-13
| 2 | |
| Microsoft Corp. (MSFT) | $15,001 - $50,000 | Sale, 2025-03-25
| 2 | |
| Microsoft Corp. (MSFT) | $15,001 - $50,000 | Sale, 2025-04-03
| 3 |
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
