Michelle Draper, Chief Marketing Officer at SVB FINANCIAL GROUP (SIVB), sold 5,582 shares at $470.86 ($2.5M) on 2021-02-02, disclosed to the SEC on 2021-02-04.
Seasonal sale ($2.5M) by Chief Marketing Officer — this insider has traded SIVB in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $464.67 | 852 | $396K | 15.8% |
| 2 | $464.67 | 852 | $396K | 15.8% |
| 3 | $464.67 | 1,033 | $480K | 19.2% |
| 4 | $464.67 | 1,033 | $480K | 19.2% |
| 5 | $470.86 | 799 | $376K | 15.0% |
| 6 | $470.86 | 799 |
| $376K |
| 15.0% |
| 7 | $0.00 | 214 | $0 | 0.0% |
| Total | $448.63 avg | 5,582 | $2.5M | 100% |
| Filing → |
| SIVB | SELL | 2022-12-30 | $1.0M | — | Filing → |
| SIVB | SELL | 2022-10-14 | $14K | — | Filing → |
| SIVB | SELL | 2022-05-05 | $825K | — | Filing → |