RBC Director Sells Nearly Quarter Million Dollars Worth of Stock

Royal Bank of Canada's Director David Ian Mckay recently made significant changes to his stock holdings. According to MarketBeat, Mckay sold 23,089 shares of Royal Bank of Canada (TSE:RY) on July 22nd at an average price of C$297.19, resulting in a total transaction value of C$6,861,819.91.

This sale represents a 79.72% decrease in Mckay's ownership of the stock, leaving him with 5,873 shares valued at C$1,745,396.87.