Free Republic

SVB CEO and President Gregory Becker sold over 12,000 shares for $3,578,652.31 on February 26, while CFO Beck sold $575,180 in stocks in a separate transaction on the same day. Ahead of the collapse of the Silicon Valley Bank (SVB), many of the company’s top executives sold their shares worth $4.5 million in the company. The bank’s Chief Executive Officer Gregory Becker, Chief Financial Officer Daniel Beck, and Chief Marketing Officer Michelle Draper sold their shares of the bank’s parent company SVB Financial Group. While CEO and President Becker sold over 12,000 shares for $3,578,652.31 on February 26, CFO Beck...

Tesla CEO Elon Musk sold a massive stake in his company over the past several weeks. And yet he owns 564,000 more shares than he did at the start of the selling spree...That's because at the same time he is selling shares, he's also exercising options to buy additional stock. And he's doing so at a bargain exercise price of $6.24 a share, well below 1% of Tesla (TSLA)'s current share price. Since Musk's Twitter poll on November 6, he has exercised options to buy 10.7 million shares of Tesla. To be clear, he would have done so with or...