Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 3,500 shares at $310.00 ($1.1M) on 2018-05-08, disclosed to the SEC on 2018-05-10.
Seasonal sale ($1.1M) 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 | $306.51 | 750 | $230K | 21.3% |
| 2 | $306.51 | 750 | $230K | 21.3% |
| 3 | $310.00 | 2,000 | $620K | 57.4% |
| Total | $308.50 avg | 3,500 | $1.1M | 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 → |