Bruce Wallace, Chief Digital Officer at SVB FINANCIAL GROUP (SIVB), sold 15,480 shares at $182.96 ($2.8M) on 2017-05-15, disclosed to the SEC on 2017-05-17.
Seasonal sale ($2.8M) by Chief Digital Officer — 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 | $182.16 | 6,690 | $1.2M | 43.2% |
| 2 | $182.16 | 6,690 | $1.2M | 43.2% |
| 3 | $182.96 | 100 | $18K | 0.6% |
| 4 | $183.98 | 2,000 | $368K | 13.0% |
| Total | $182.40 avg | 15,480 | $2.8M | 100% |
| Filing → |
| SIVB | SELL | 2016-05-04 | $358K | — | Filing → |
| SIVB | SELL | 2015-11-10 | $415K | — | Filing → |
| SIVB | SELL | 2015-05-05 | $507K | — | Filing → |