KEY POINTS
  • Silicon Valley Bank CEO Greg Becker sold nearly $30 million of stock over the past two years.
  • His sales, as well as those of other executives, are raising new questions over insider stock trading.
  • Altogether, SVB executives and directors cashed out of $84 million worth of stock over the past two years, according to Smart Insider.

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Silicon Valley Bank CEO Greg Becker sold nearly $30 million of stock over the past two years, raising new questions over insider stock sales.

Becker sold $3.6 million worth of shares on Feb. 27, just days before the bank disclosed a large loss that triggered its stock slide and collapse. The sale capped two years of stock sales by Becker that totaled $29.5 million, according to data from Smart Insider. He sold at prices ranging from $287 a share to $598 a share.

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