Multiple Bank of Montreal executives exercise stock options for million-dollar gains

Six senior executives at Bank of Montreal sold shares between June and September 2026, each earning hundreds of thousands of dollars. The sales happened when the executives converted stock options into cash by buying shares at a lower price and selling them at a higher one.

Chief risk officer Piyush Agrawal sold around 10,000 shares in September for net proceeds of over 1.2 million dollars. Deland Kamanga and Mona Malone also each cleared over one million dollars through similar transactions. Sharon Haward-Laird sold shares in June, earning more than 1.1 million dollars. Stephanie Mango received the smallest amount, just over 558,000 dollars, after selling roughly 15,000 shares.

Securities rules require companies to report these insider transactions publicly. Most executives held no shares in their accounts after selling.