Gregory W. Becker, President and CEO at SVB FINANCIAL GROUP (SIVB), sold 23,600 shares at $694.77 ($16.5M) on 2021-12-01, disclosed to the SEC on 2021-12-03.
Seasonal sale ($16.5M) by President and CEO — this insider has traded SIVB in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $693.05 | 283 | $196K | 1.2% |
| 2 | $693.05 | 283 | $196K | 1.2% |
| 3 | $694.77 | 1,400 | $973K | 5.9% |
| 4 | $695.57 | 2,536 | $1.8M | 10.7% |
| 5 | $695.57 | 2,536 | $1.8M | 10.7% |
| 6 | $696.30 | 1,300 |
| $905K |
| 5.5% |
| 7 | $696.30 | 1,300 | $905K | 5.5% |
| 8 | $697.70 | 1,410 | $984K | 6.0% |
| 9 | $697.70 | 1,410 | $984K | 6.0% |
| 10 | $700.24 | 1,151 | $806K | 4.9% |
| 11 | $700.24 | 1,151 | $806K | 4.9% |
| 12 | $702.47 | 3,538 | $2.5M | 15.1% |
| 13 | $702.47 | 3,538 | $2.5M | 15.1% |
| 14 | $703.59 | 882 | $621K | 3.8% |
| 15 | $703.59 | 882 | $621K | 3.8% |
| Total | $698.92 avg | 23,600 | $16.5M | 100% |
| Filing → |
| SIVB | SELL | 2021-02-09 | $4.5M | — | Filing → |
| SIVB | SELL | 2021-01-29 | $9.2M | — | Filing → |
| SIVB | SELL | 2020-07-06 | $4.2M | — | Filing → |