Michelle Draper, Chief Marketing Officer at SVB FINANCIAL GROUP (SIVB), sold 4,833 shares at $580.50 ($2.8M) on 2022-02-01, disclosed to the SEC on 2022-02-02.
Seasonal sale ($2.8M) 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 | $583.90 | 734 | $429K | 15.2% |
| 2 | $583.90 | 1,285 | $750K | 26.6% |
| 3 | $580.50 | 2,546 | $1.5M | 52.5% |
| 4 | $600.00 | 268 | $161K | 5.7% |
| Total | $583.00 avg | 4,833 | $2.8M | 100% |
| Filing → |
| SIVB | SELL | 2022-12-30 | $1.0M | — | Filing → |
| SIVB | SELL | 2022-10-14 | $14K | — | Filing → |
| SIVB | SELL | 2022-05-05 | $825K | — | Filing → |