Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 2,100 shares at $183.01 ($384K) on 2020-05-11, disclosed to the SEC on 2020-05-13.
Seasonal sale ($384k) by President, Silicon Valley Bank — this insider has traded SIVB in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $183.01 | 1,050 | $192K | 50.0% |
| 2 | $183.01 | 1,050 | $192K | 50.0% |
| Total | $183.01 avg | 2,100 | $384K | 100% |
| Filing → |
| SIVB | SELL | 2021-11-12 | $1.6M | — | Filing → |
| SIVB | SELL | 2021-08-11 | $584K | — | Filing → |
| SIVB | SELL | 2021-06-16 | $4.5M | — | Filing → |