Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 6,500 shares at $310.59 ($2.0M) on 2018-08-02, disclosed to the SEC on 2018-08-06.
Seasonal sale ($2.0M) by President, Silicon Valley Bank — this insider has traded SIVB in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $310.59 | 750 | $233K | 11.5% |
| 2 | $310.59 | 750 | $233K | 11.5% |
| 3 | $310.59 | 1,000 | $311K | 15.4% |
| 4 | $310.59 | 4,000 | $1.2M | 61.5% |
| Total | $310.59 avg | 6,500 | $2.0M | 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 → |