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The Wall Street Journal: Elaine Chao sells stock in Vulcan, more than a year past date she pledged to divest by

WASHINGTON — Transportation Secretary Elaine Chao has sold her shares in a paving-materials supplier after a Wall Street Journal report that she hadn’t fulfilled a pledge to relinquish the shares, agency documents show.

Chao, who is married to Senate Majority Leader Mitch McConnell, R-Ky., sold her shares in Vulcan Materials Co. VMC, +1.09% on June 3, according to documents submitted to the Office of Government Ethics.

On May 28, the Journal reported Chao hadn’t yet fulfilled her 2017 pledge to take a cash payout by April 2018 for the deferred share units she earned while serving on the Vulcan board of directors.

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