Option-related selling at Royal Bank of Canada (RY)

Option-related selling at Royal Bank of Canada (T:RY)

David Ian McKay, CEO and Director, exercised Options and disposed of 15,636 Common Shares on a direct ownership basis at prices ranging from $97.139 to $97.215 on April 20th, 2018. This represents a $1,519,273 divestment of the company's shares and an account share holdings change of -72.7%.

Helena Gottschling, a Senior Officer, also sold 1,080 Common Shares on a direct ownership basis at a price of $97.080 on April 20th, 2018. This represents a $104,846 divestment of the company's shares and an account share holdings change of -44.2%.

Royal Bank of Canada is in the Banks Sub Industry Group under the Financials Sector.

Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions (Canadian Banking), Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other. Royal Bank of Canada (RY) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, two insiders have divested a net amount of $1,624,119.