Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 5,300 shares at $332.71 ($1.8M) on 2020-11-09, disclosed to the SEC on 2020-11-10.
Seasonal sale ($1.8M) by President, Silicon Valley Bank — this insider has traded SIVB in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $332.71 | 2,650 | $882K | 50.0% |
| 2 | $332.71 | 2,650 | $882K | 50.0% |
| Total | $332.71 avg | 5,300 | $1.8M | 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 → |