Bruce Wallace, Chief Digital Officer at SVB FINANCIAL GROUP (SIVB), sold 3,907 shares at $105.18 ($411K) on 2016-05-02, disclosed to the SEC on 2016-05-04.
Seasonal sale ($411k) by Chief Digital Officer — 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 | $105.18 | 3,400 | $358K | 87.0% |
| 2 | $105.18 | 507 | $53K | 13.0% |
| Total | $105.18 avg | 3,907 | $411K | 100% |
| Filing → |
| SIVB | SELL | 2016-07-28 | $237K | — | Filing → |
| SIVB | SELL | 2015-11-10 | $415K | — | Filing → |
| SIVB | SELL | 2015-05-05 | $507K | — | Filing → |