Director Christopher Mettler sold 14,715 shares ($1.4M) across 7 transactions Dec 2024, reducing stake 80.8% to 3,505 shares; stock down 19.2% from 52-week high.
Mettler executed 7 separate sales totaling 14,715 shares for $1,359,539.50 between November 21 and December 24, 2024, at a blended average price of $92.39. This represents an 80.8% reduction in his holdings, from 18,220 shares to 3,505 shares. The transactions span a period where SFBS traded within a compressed range ($85.54–$96.25), yet the stock has since declined 19.2% from its 52-week high and is currently at $72.15, down 10.9% over the prior 30 days. His cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 100.00%, indicating the prior transaction preceded a stock decline; however, this multi-transaction filing is his first recorded activity specifically at SFBS, making it difficult to assess whether this director's selling pattern at this ticker reflects company-specific concerns or routine portfolio management. The concentration of sales in late December coinciding with year-end and the substantial magnitude of the reduction warrant monitoring.