DESCHENEAUX MICHAEL (President, Silicon Valley Bank) sold 8.8% of their position (1.98K shares) of SVB FINANCIAL GROUP on the open market
Open‑market sale worth $1.21M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 2/9/2022ACC: 0001562180-22-001253
Officer· President, Silicon Valley Bank
Since Aug 2018
-1.98K
Net shares
Net seller
$1.21M
Total sold
2
Open market trades
0B · 2S
4
Total transactions
975.00 acquired · 2.95K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+975.00
Price / share
$178.39
Trade value
$173.93K
% of position
4.6%
2/7/2022
21.38K→22.35K
Common Stock
Direct
Shares
−975.00
Price / share
$611.55
Trade value
$596.26K
% of position
4.4%
2/7/2022
22.35K→21.38K
Common Stock
Direct
Shares
−1K
Price / share
$611.55
Trade value
$611.55K
% of position
4.7%
2/7/2022
21.38K→20.38K
Total
Net shares
−1K
Net value
-$1.03M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/7/2022 | M · Option Exercise | +975.00 | $178.39 | $173.93K | 4.6% | 21.38K | 22.35K |
| Common Stock Direct | 2/7/2022 | S · Sale | −975.00 | $611.55 | $596.26K | 4.4% | 22.35K | 21.38K |
| Common Stock Direct | 2/7/2022 | S · Sale | −1K | $611.55 | $611.55K | 4.7% | 21.38K | 20.38K |
| Total | −1K | -$1.03M | ||||||
Derivative Transactions1
Stock Option
Direct
Converts to
Common Stock
975.00 shares
Shares
−975.00
Strike price
178.39
Held after
1.66K
Exercisable
—
2/7/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock975.00 shares | 2/7/2022 | M · Option Exercise | −975.00 | 178.39 | — | 1.66K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned338.00
Total
338.00 indirect338.00
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 338.00 | Indirect |
| Total | 338.00 | 338.00 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported