Joan Parsons, Head of Specialty Banking at SVB FINANCIAL GROUP (SIVB), sold 12,859 shares at $113.88 ($1.5M) on 2014-09-11, disclosed to the SEC on 2014-09-15.
Scheduled sale ($1.5M) by Head of Specialty Banking under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $113.65 | 511 | $58K | 4.0% |
| 2 | $113.68 | 824 | $94K | 6.4% |
| 3 | $113.73 | 624 | $71K | 4.8% |
| 4 | $113.75 | 875 | $100K | 6.8% |
| 5 | $113.82 | 1,206 | $137K | 9.4% |
| 6 | $113.88 | 2,727 |
| $311K |
| 21.2% |
| 7 | $113.88 | 6,092 | $694K | 47.4% |
| Total | $113.84 avg | 12,859 | $1.5M | 100% |
| Filing → |
| SIVB | SELL | 2013-03-25 | $1.8M | — | Filing → |
| SIVB | SELL | 2012-03-14 | $325K | — | Filing → |
| SIVB | SELL | 2012-03-12 | $313K | — | Filing → |