Bank of Montreal (BMO)has notable insider net $ selling

Bank of Montreal (T:BMO)

Thomas Earl Flynn, CFO and Subsidiary Executive, acquired 10,951 Common Shares on a direct ownership basis at prices ranging from $56.000 and $57.780 through an exercise of options on June 2nd, 2017. The insider also disposed 10,951 Common Shares on a direct ownership basis at a price of $91.600 through the public market on June 2nd, 2017. This represents a $379,263 net divestment of the company's shares and an account share holdings change of 0%.

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets. The P&C business includes two retail and business banking operating segments, such as Canadian Personal and Commercial Banking (Canadian P&C), and the United States Personal and Commercial Banking (U.S. P&C). The Bank's Wealth Management business serves a range of client segments, from mainstream to ultra-high net worth and institutional, with an offering of wealth management products and services, including insurance. BMO Capital Markets is a North American-based financial services provider offering a range of products and services to corporate, institutional and government clients. The Bank has over 1,500 bank branches in Canada and the United States.