Michael S. Zuckert, General Counsel at SVB FINANCIAL GROUP (SIVB), sold 9,130 shares at $470.22 ($4.3M) on 2021-01-27, disclosed to the SEC on 2021-01-29.
Seasonal sale ($4.3M) by General Counsel — 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 | $460.57 | 100 | $46K | 1.1% |
| 2 | $463.29 | 789 | $366K | 8.6% |
| 3 | $463.29 | 789 | $366K | 8.6% |
| 4 | $464.33 | 400 | $186K | 4.4% |
| 5 | $465.54 | 2,355 | $1.1M | 25.8% |
| 6 | $465.54 | 2,355 |
| $1.1M |
| 25.8% |
| 7 | $466.30 | 411 | $192K | 4.5% |
| 8 | $466.30 | 411 | $192K | 4.5% |
| 9 | $467.95 | 320 | $150K | 3.5% |
| 10 | $469.37 | 500 | $235K | 5.5% |
| 11 | $470.22 | 500 | $235K | 5.5% |
| 12 | $471.59 | 200 | $94K | 2.2% |
| Total | $465.80 avg | 9,130 | $4.3M | 100% |
| Filing → |
| SIVB | SELL | 2020-08-05 | $246K | — | Filing → |
| SIVB | SELL | 2020-07-08 | $256K | — | Filing → |