Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 8,100 shares at $300.37 ($2.4M) on 2018-05-02, disclosed to the SEC on 2018-05-04.
Seasonal sale ($2.4M) 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 | $300.37 | 4,100 | $1.2M | 50.5% |
| 2 | $301.33 | 2,000 | $603K | 24.7% |
| 3 | $302.39 | 1,100 | $333K | 13.6% |
| 4 | $303.59 | 900 | $273K | 11.2% |
| Total | $301.24 avg | 8,100 | $2.4M | 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 → |