Key facts
- This page summarizes Michael Descheneaux's Form 4 filing for SVB FINANCIAL GROUP.
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Jan 2023, 14:54.
Michael Descheneaux - 18 Jan 2023 Form 4 Insider Report for SVB FINANCIAL GROUP
- Reporting relationship
- President, Silicon Valley Bank
- Issuer ticker
- N/A
- Reported as of
- 18 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Jan 2023, 14:54:38 UTC
- Prior SEC filing
- 30 Nov 2022
- Next SEC filing
- 02 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Descheneaux filed Form 4 for SVB FINANCIAL GROUP on 20 Jan 2023.
Change
- Previous filing in this sequence was filed on 30 Nov 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SIVB
transaction
Common Stock
Award
- Transaction value
- Shares
- +3,612
- Change %
- +16%
- Price
- Shares after
- 26,431
- Date
- 18 Jan 2023
- Ownership
- Direct
- Footnotes
- F1, F2
SIVB
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 352
- Date
- 18 Jan 2023
- Ownership
- By 401(k)/ESOP
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SIVB
transaction
Derivative
Performance Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -3,612
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 18 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,612
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
To the extent deemed earned on January 18, 2023, these awards are scheduled to complete their time-based vesting, and cliff vest on January 31, 2023.
Footnote F2
Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
Footnote F3
The information in this report is based on 401(k)/ESOP Plan statement dated as of December 30, 2022.