Silicon Valley Bank CEO Greg Becker sold $3.5 million in shares just two weeks before collapse
Shortpedia
Content Team
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Two of Silicon Valley Bank's top officials dumped millions of dollars worth of stock just two weeks before the firm collapsed on Friday, according to a media report. CEO Greg Becker offloaded over $3.5 million worth of stocks - which amounted to nearly 12,500 shares - in a pre-planned, automated sell-off on February 27, according to a US Securities and Exchange Commission filing, the New York Post reported.
