Michael Descheneaux - Dec 27, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role: President, Silicon Valley Bank
Signature: /s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux
Stock symbol: SIVB
Transactions as of: Dec 27, 2021
Transactions value $: -$674,790
Form type: 4
Date filed: 12/29/2021, 03:48 PM
Previous filing: Nov 12, 2021
Next filing: Jan 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SIVB	Common Stock	Sale	-$675K	-1K	-6.44%	$674.79^*	14.5K	Dec 27, 2021	Direct
holding	SIVB	Common Stock						338	Dec 27, 2021	By 401(k)/ESOP	F1

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

Explanation of Responses:

Id	Content
F1	The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2021.

Remarks:

All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 7, 2021.