Philip C. Cox, Chief Operations Officer at SVB FINANCIAL GROUP (SIVB), sold 8,640 shares at $580.50 ($5.0M) on 2022-02-01, disclosed to the SEC on 2022-02-02.
Seasonal sale ($5.0M) by Chief Operations 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 | $583.90 | 1,098 | $641K | 12.7% |
| 2 | $583.90 | 2,744 | $1.6M | 31.9% |
| 3 | $580.50 | 4,798 | $2.8M | 55.4% |
| Total | $582.01 avg | 8,640 | $5.0M | 100% |
| Filing → |
| SIVB | SELL | 2021-05-07 | $153K | — | Filing → |
| SIVB | SELL | 2021-02-04 | $4.9M | — | Filing → |
| SIVB | SELL | 2020-11-10 | $301K | — | Filing → |