Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 2,500 shares at $236.08 ($590K) on 2019-11-04, disclosed to the SEC on 2019-11-06.
Seasonal sale ($590k) 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 | $236.08 | 1,500 | $354K | 60.0% |
| 2 | $236.17 | 1,000 | $236K | 40.0% |
| Total | $236.12 avg | 2,500 | $590K | 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 → |