SVB CFO may be swept up in stock dumping scrutiny
CFO news
Source: cfodive.com
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The announcement of shutdown by SVB sent tremors across the banking space forcing top US regulators like The Fed and FDIC to intervene.
The sales were conducted via 10b5-1 plans, laws around which are intended to guard against insiders from unfairly profiting from important corporate information that was not yet public.
Over the past decade, Sandberg has sold over 75% of her shares through regularly scheduled share sale programs.
Over the past decade, Sandberg has sold over 75% of her shares through regularly scheduled share sale programs.