Marc C. Cadieux, Chief Credit Officer at SVB FINANCIAL GROUP (SIVB), sold 8,958 shares at $465.10 ($4.2M) on 2021-01-27, disclosed to the SEC on 2021-01-29.
Seasonal sale ($4.2M) by Chief Credit Officer — this insider has traded SIVB in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $465.10 | 4,479 | $2.1M | 50.0% |
| 2 | $465.10 | 4,479 | $2.1M | 50.0% |
| Total | $465.10 avg | 8,958 | $4.2M | 100% |
| Filing → |
| SIVB | SELL | 2019-11-04 | $224K | — | Filing → |
| SIVB | SELL | 2019-08-02 | $460K | — | Filing → |
| SIVB | SELL | 2019-04-30 | $555K | — | Filing → |