Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 1,750 shares at $240.70 ($420K) on 2018-11-01, disclosed to the SEC on 2018-11-05.
Seasonal sale ($420k) 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 | $239.00 | 1,000 | $239K | 57.0% |
| 2 | $240.70 | 750 | $181K | 43.0% |
| Total | $239.73 avg | 1,750 | $420K | 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 → |