Insider Report: BMO executives land million-dollar paydays

Insider Report: BMO executives land million-dollar paydays JENNIFER DOWTY PUBLISHED 35 MINUTES AGO COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over. The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts. Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company’s shares or units. Listed below is a stock that has had recent buying activity in the public market reported by an insider. Alimentation Couche-Tard Inc. (ATD-T +0.14% increase ) On Sept. 8, director Eric Boyko bought 5,000 shares at a price per share of $80.335 for an account in which he has indirect ownership (Boyko Investments Corporation), increasing the holdings in this particular account to 47,300 shares. The cost of this purchase totaled more than $400,000. ** Listed below are three stocks that have had recent selling activity in the public market reported by insiders. Bank of Montreal (BMO-T +0.92% increase ) On Sept. 8, Mona Malone, chief administrative officer, chief human resources officer and head of people, culture and brand at BMO Financial Group, exercised her options, receiving 7,000 shares at a cost per share of $97.14, and sold 7,000 shares at a price per share of $242.5056 with 1,758 shares remaining in this particular account. Net proceeds exceeded $1 million, not including any associated transaction charges. On Sept. 2, Deland Kamanga, group head – wealth management, exercised his options, receiving 9,064 shares at a cost per share of $97.14, and sold 9,064 shares at a price per share of $237.6513, after which this specific account did not hold any shares. Net proceeds exceeded $1.2-million, excluding any associated transaction…