Insider Report: RBC’s AI chief lands a $14-million payday

Insider Report: RBC’s AI chief lands a -million payday

Insider Report: RBC’s AI chief lands a $14-million payday

https://www.theglobeandmail.com/investing/markets/inside-the-market/article-insider-report-rbcs-ai-chief-lands-a-14-million-payday/

Publish Date: 2026-06-22 05:22:00

Source Domain: www.theglobeandmail.com

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.

Computer Modelling Group Ltd. (CMG-T)

Between June 11-15, director Alex Davern invested over US$277,000 in shares of CMG. He acquired 100,000 shares at an average price per share of approximately US$2.78, increasing the holdings in this particular account to 175,000 shares.

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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.

Definity Financial Corp. (DFY-T)

On June 10, senior vice president and chief people and culture officer Brigid Pelino sold 5,000 shares at a price per share of $72, trimming the holdings in this particular account to 74,109 shares. Proceeds from the sale totaled $360,000, excluding trading fees.

Royal Bank of Canada (RY-T)

Between June 5-12, group head of artificial intelligence (AI) Bruce Ross exercised his options, receiving a total of 80,454 shares at an average cost per share of approximately $100.29, and sold 80,454 shares at an average price per share of roughly $275.28, after which 235 shares remained in…

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