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4//SEC Filing

STAGLIN GAREN K 4

Accession 0000950170-24-124557

CIK 0000719739other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 7:15 AM ET

Size

5.5 KB

Accession

0000950170-24-124557

Insider Transaction Report

Form 4
Period: 2024-11-07
Transactions
  • Disposition to Issuer

    Common Stock

    2024-11-0713,9640 total
Footnotes (2)
  • [F1]On March 17, 2023, SVB Financial Group, a Delaware corporation (the "Issuer"), and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On August 2, 2024, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Debtor's Second Amended Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (the "Plan"). On November 7, 2024 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11. The Plan was approved by the Issuer's Board of Directors.
  • [F2]On the Effective Date, all outstanding shares of the Issuer's common stock were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.

Documents

1 file

Issuer

SVB FINANCIAL GROUP

CIK 0000719739

Entity typeother

Related Parties

1
  • filerCIK 0001371494

Filing Metadata

Form type
4
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 7:15 AM ET
Size
5.5 KB