Payam Javan: The CEO of Silicon Valley Bank, Greg Becker, sold $3.6 million in shares of the bank’s parent firm, SVB Financial Group, prior to the bank’s collapse, which was the largest US bank failure since 2008.

The sale occurred a little over a month before the bank announced that it was trying to raise over $2 billion in cash, and it caused SVB’s stock to drop more than 60%.

The bank ultimately failed due to a $1.8 billion loss after having to sell Treasury bonds to meet deposit requirements. The FDIC will distribute an early dividend to uninsured depositors next week.