Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 6,000 shares at $239.55 ($1.4M) on 2019-05-13, disclosed to the SEC on 2019-05-15.
Seasonal sale ($1.4M) 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 | $239.55 | 1,500 | $359K | 25.0% |
| 2 | $239.55 | 4,500 | $1.1M | 75.0% |
| Total | $239.55 avg | 6,000 | $1.4M | 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 → |