Richard D. Daniels - Jun 20, 2023 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVBQ)

Role: Director
Signature: /s/ Richard Devon Daniels
Stock symbol: SIVBQ
Transactions as of: Jun 20, 2023
Transactions value $: -$40
Form type: 4
Date filed: 6/23/2023, 06:55 PM
Previous filing: Jun 16, 2023
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SIVBQ	Common Stock	Sale	-$235	-500	-49.5%	$0.47^*	510	Jun 20, 2023	Direct	F1
transaction	SIVBQ	Common Stock	Purchase	$195	+500	+98.04%	$0.39^*	1.01K	Jun 22, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Daniels sold 500 shares of Common Stock on June 20, 2023 and realized after the sale that he was required to consult with the Company before transacting. In order to return to his pre-sale position, Mr. Daniels determined to repurchase 500 shares and is disgorging to the Company the short swing profit on those transactions of $40 (calculated in accordance with Section 16 of the Securities Exchange Act of 1934, as amended).

Content

Mr. Daniels sold 500 shares of Common Stock on June 20, 2023 and realized after the sale that he was required to consult with the Company before transacting. In order to return to his pre-sale position, Mr. Daniels determined to repurchase 500 shares and is disgorging to the Company the short swing profit on those transactions of $40 (calculated in accordance with Section 16 of the Securities Exchange Act of 1934, as amended).