STOCK TITAN

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN 424B Filings

BERZ NYSE

Every 424B that MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 424B covers the supplement that carries the terms of a priced offering, so if you follow BERZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BERZ filings page.

Rhea-AI Summary

Bank of Montreal offers US$440,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due March 05, 2029, linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The notes pay monthly contingent coupons of 0.8417% per month (approximately 10.10% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level (75% of its Initial Level). Beginning September 01, 2027, the issuer may call the notes on an Observation Date; if called investors receive principal plus any contingent coupon due on the Call Settlement Date. At maturity (if not called), if the Final Level of any Reference Asset is below its Trigger Level (70% of Initial Level), investors receive $1,000 × Percentage Change of the Least Performing Reference Asset plus $1,000, which can result in principal loss. The estimated initial value on the Pricing Date was $977.88 per $1,000 in principal amount.

Rhea-AI Summary

Bank of Montreal priced US$2,329,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the State Street SPDR S&P Regional Banking ETF (ticker KRE).

Key terms: Pricing Date February 27, 2026, Settlement March 04, 2026, Maturity March 05, 2029. Contingent coupon is 2.35% per quarter (approximately 9.40% per annum). The Coupon Barrier and Trigger Level are each $40.06 (60.00% of the Initial Level). Estimated initial value on the pricing date is $966.36 per $1,000 principal.

Rhea-AI Summary

Bank of Montreal priced US$17,278,000 Senior Medium‑Term Notes: Autocallable Barrier Notes with Memory Coupons due March 05, 2029, linked to the least performing of the S&P 500® and the EURO STOXX 50®.

Pricing date was February 27, 2026 with settlement on March 04, 2026. The notes pay a contingent coupon of 2.25% per quarter (approximately 9.00% per annum) equal to $22.50 per $1,000 when each reference asset closes at or above its coupon barrier. Coupon and trigger levels are set at 80.00% of initial levels. Automatic redemption is possible beginning on September 02, 2026 if both references meet their call levels. Estimated initial value was $967.45 per $1,000.

Rhea-AI Summary

Bank of Montreal priced US$3,236,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due June 04, 2027. The notes reference the S&P 500, NASDAQ-100 and Russell 2000, pay a contingent coupon of 1.0625% per month if barriers are met, and can autocall beginning September 01, 2026 if each reference asset is at or above its Call Level. Settlement is March 04, 2026, valuation date is June 01, 2027, and the estimated initial value was $989.55 per $1,000 principal.

The notes include a Memory Coupon Feature, Coupon Barrier Levels at 70.00% of initial levels, Trigger Levels at 65.00%, and principal repayment at maturity that may be less than principal if a Trigger Event occurs and the least performing reference asset finishes below its Initial Level.

Rhea-AI Summary

Bank of Montreal priced US$330,000 Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons linked to the least performing of the S&P 500®, Russell 2000® and the Nasdaq-100 Technology Sector.

Pricing Date was February 27, 2026, Settlement Date March 04, 2026, and Maturity Date March 05, 2029. Contingent coupons pay $8.375 per $1,000 at a Contingent Interest Rate of 0.8375% per month (~10.05% annual) when each reference asset is at or above a Coupon Barrier (80% of Initial Level). Trigger levels equal 60% of Initial Levels; a Trigger Event reduces the maturity payment proportionally to the Least Performing Reference Asset. Automatic redemption may occur beginning on March 02, 2027 if all Reference Assets are at or above their Call Levels (100% of Initial Level). The estimated initial value on the Pricing Date was $978.07 per $1,000 principal.

Rhea-AI Summary

Bank of Montreal priced US$480,000 Senior Medium‑Term Notes, Series K, Contingent Risk Absolute Return Buffer Notes due March 04, 2031, linked to the S&P 500® Futures Excess Return Index. The notes offer an Upside Leverage Factor of 163.00% on positive returns.

Key economics: Buffer Percentage 20.00% (Buffer Level 445.63 vs Initial Level 557.04), a Maximum Downside Redemption Amount of $1,200.00 per $1,000, no interest, not listed, and subject to the issuer credit risk of Bank of Montreal. Price to public aggregated $480,000.00; estimated initial value $987.38 per $1,000.

Rhea-AI Summary

Bank of Montreal priced US$1,317,000 Senior Medium‑Term Notes, Series K, an autocallable, barrier enhanced‑return note linked to the least performing of the Dow Jones Industrial Average®, NASDAQ‑100® and Russell 2000®.

The notes offer a 175.00% Upside Leverage Factor, a potential automatic redemption on March 05, 2027 with a Call Amount of $187 per $1,000 (approximately 18.70% per annum), and a maturity of March 05, 2029. If not called, repayment at maturity depends on the Least Performing Reference Asset versus its Initial Level and includes a 70.00% Barrier (losses of 1% per 1% decline below the Barrier).

Rhea-AI Summary

Bank of Montreal is offering US$709,000 Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due March 04, 2031. The notes pay a fixed Digital Return of 62.60% if the S&P 500® Futures Excess Return Index increases up to that level, or a one-to-one upside beyond the Digital Return. If the Reference Asset falls more than 30.00% (Barrier Level = 389.93, 70.00% of the Initial Level), principal is reduced dollar-for-dollar versus the Percentage Change and investors may lose up to 100% of principal.

The Initial Level was 557.04 on the Pricing Date February 27, 2026. Pricing Date: February 27, 2026; Settlement Date: March 04, 2026; Valuation Date: February 27, 2031; Maturity Date: March 04, 2031. The notes do not bear interest, are unsecured obligations of Bank of Montreal, are not exchange listed, and all payments are subject to the issuer’s credit risk. The estimated initial value on the Pricing Date was $960.12 per $1,000 principal; the public offering price was 100%.

Rhea-AI Summary

Bank of Montreal is offering US$5,377,000 of Senior Medium-Term Market-Linked Notes, Series K due March 06, 2028, linked to the least performing of the S&P 500® and Russell 2000® indices. The notes pay no interest and are designed to provide 1-to-1 positive exposure to appreciation of the least performing reference asset, subject to a capped Maximum Redemption Amount of $1,142.50 per $1,000 (a 14.25% maximum return). If the Final Level of the least performing index is less than or equal to its Initial Level, investors receive the principal amount of $1,000 at maturity. Key dates: Pricing Date February 27, 2026, Settlement Date March 04, 2026, Valuation Date March 01, 2028, Maturity Date March 06, 2028. The notes are unsecured obligations of Bank of Montreal, subject to the issuer’s credit risk; the issuer’s initial estimated value was $986.95 per $1,000, and the public offering price was 100%.

Rhea-AI Summary

Bank of Montreal is issuing US$2,657,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due June 04, 2027.

The notes pay a Digital Return of 11.00% if the Final Level of the least performing of the S&P 500® and the Russell 2000® is at or above 75.00% of its Pricing Date level. If that Least Performing Reference Asset falls more than 25.00%, investors lose 1% of principal for each 1% decline, potentially losing up to the full principal. Pricing Date was February 27, 2026, Settlement Date March 04, 2026, Valuation Date June 01, 2027. The issuer’s estimated initial value was $973.11 per $1,000.

Rhea-AI Summary

Bank of Montreal priced US$846,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Enhanced Return Notes due March 05, 2029, linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. The notes pay no interest and are designed to provide 200.00% upside leverage on the least performing Reference Asset if not called.

The notes can be automatically redeemed beginning on March 05, 2027 if each Reference Asset is above its Call Level; automatic redemption yields principal plus stated Call Amounts (representing approximately 12.20% per annum). If not redeemed and the Least Performing Reference Asset falls below the Barrier Level (70.00% of Initial Level), losses occur on a 1:1 basis below the Barrier, potentially up to total loss of principal at maturity.

Rhea-AI Summary

Bank of Montreal priced US$1,690,000 of Senior Medium-Term Notes, Series K: Autoca llable Barrier Enhanced Return Notes linked to the S&P 500® Index. The Pricing Date was February 27, 2026, settlement March 04, 2026 and maturity March 05, 2029. The notes feature a Call Date of March 05, 2027 with a Call Amount of $90 per $1,000 (approximately 9.00% per annum). If not called, pay at maturity uses a 125.00% Upside Leverage Factor, an Initial Level of 6,878.88, and a Barrier Level of 4,815.22 (70.00% of Initial Level). The issuer’s estimated initial value was $970.68 per $1,000 and the public offering price was 100%.

Rhea-AI Summary

Bank of Montreal priced a supplementary offering of US$1,129,000 in Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Index. The notes offer 150.00% upside leverage subject to a $1,120.00 Maximum Redemption Amount per $1,000 principal and include an 80.00% buffer (Buffer Percentage 20.00%).

The notes pay at maturity based on the Final Level versus the Initial Level (Initial Level 6,878.88), with investors receiving principal only if the Reference Asset does not decline more than 20.00%. If the Reference Asset declines beyond the buffer, investors lose 1% of principal per 1% decline and could lose up to 80.00% of principal. The public offering price aggregates to 100% (total $1,129,000); the issuer’s estimated initial value was $983.60 per $1,000. All payments are subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced US$1,613,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due April 05, 2027 linked to the NASDAQ-100 Index®. The notes offer 200.00% upside leverage subject to a $1,112.00 Maximum Redemption Amount per $1,000 principal.

The notes return full principal at maturity only if the Final Level does not decline more than the 15.00% buffer (Buffer Level = 85.00% of the Initial Level). If the Final Level is below the Buffer Level, investors lose 1% of principal for each 1% decline beyond 15.00%, potentially losing up to 85.00% of principal. The initial estimated value was $983.87 per $1,000, and the public offering price was 100% of principal. All payments are subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced a structured note offering of Market Linked Securities with an original offering price of $1,000 per security and aggregate original offering amount of $5,458,000.00. The securities are auto-callable on March 4, 2027 and mature on March 2, 2029.

Each security links to the lowest performing of the SPDR® Gold Trust (GLD) and the iShares® Silver Trust (SLV). Key terms: a 200% upside participation rate, a 44% call premium if auto-called, and a threshold equal to 60% of each starting value (i.e., a >40% decline in the lowest performing underlier at maturity causes loss of principal).

Rhea-AI Summary

Bank of Montreal is offering principal-protected contingent notes linked to the S&P 500® Index through a preliminary pricing supplement for a structured note issue. Each note has a $1,000 principal amount and an expected term with a determination date within 15 and 17 months of the trade date and a stated maturity shortly thereafter.

The notes provide an upside participation rate of 200% subject to a cap level expected between 105.85% and 106.86% of the initial underlier level, and a maximum settlement amount expected between $1,117.00 and $1,137.20 per $1,000 note. If the final underlier level declines by up to 12.50% from the initial level, the investor receives the principal; declines beyond that result in a loss equal to approximately 1.1429% of principal for each 1% decline below 87.50%.

The estimated initial value is expected to be between $956.10 and $986.10 per $1,000 note and will be less than the original issue price. The underwriting discount is $12.90, leaving proceeds to the issuer of $987.10 per note. The notes are unsecured obligations of Bank of Montreal, not exchange-listed, and are designed to be held to maturity.

Rhea-AI Summary

Bank of Montreal is offering Senior Medium-Term Notes, Series K: market-linked, auto-callable securities tied to the U.S. Global Jets ETF (JETS) with a 15% buffer and a stated maturity of March 2, 2029. The pricing date was February 27, 2026 and the starting value of the Underlier was $28.45.

The securities have an original offering price of $1,000 and an estimated initial value of $958.09. Call dates begin March 4, 2027 with a 7.13% call premium and escalate to a final call premium of 21.39% on February 27, 2029. If not called, the maturity payment equals $1,000 × (performance factor + buffer), exposing holders to 1-to-1 downside beyond the 15% buffer (losses up to 85% of face amount).

Rhea-AI Summary

Bank of Montreal is offering market-linked, auto-callable Senior Medium-Term Notes, Series K, with contingent coupons and principal at risk linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500.

The pricing date is March 6, 2026 and issue date is March 11, 2026. The original offering price is $1,000 per security (face amount $1,000); agent discount is $23.25, leaving proceeds to Bank of Montreal of $976.75 per security. The initial estimated value at this preliminary stage is $965.60 (not less than $915.00). The contingent coupon rate will be set on pricing and will be at least 9.06% per annum, paid monthly if the lowest-performing underlier meets a 75% coupon threshold on each calculation day.

The securities mature on March 9, 2029 unless automatically called on quarterly call dates. At maturity, if the lowest-performing underlier’s ending value is below its downside threshold (70% of starting value), the maturity payment equals $1,000 multiplied by that underlier’s performance factor, exposing holders to losses greater than 30%, potentially to zero. The offering is unsecured and subject to Bank of Montreal credit risk; tax treatment is uncertain for U.S. holders and withholding may apply to non-U.S. holders.

Rhea-AI Summary

Bank of Montreal priced senior medium-term market-linked notes due March 2, 2029 linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500. The securities have a face amount of $1,000 and an estimated initial value of $969.24 per security on the pricing date.

The notes pay a quarterly contingent coupon at a per annum rate of 10.30% only if the lowest-performing underlier on each calculation day is at or above its coupon threshold (75% of its starting value). The notes are auto-callable if the lowest-performing underlier equals or exceeds its starting value on specified quarterly calculation days; if called, holders receive face amount plus a final contingent coupon. At maturity, if not called, principal is protected only to the extent the lowest-performing underlier's ending value is at least 75% of its starting value; if below, principal is reduced pro rata.

Rhea-AI Summary

Bank of Montreal prices structured notes linked to the Russell 2000® Index. The offering is of Senior Medium-Term Notes, Series K, with an original offering price of $1,000 per security and an estimated initial value of $967 (not less than $917 at pricing).

The securities mature on April 4, 2028 and pay a cash maturity amount tied to the Russell 2000® Index. Terms include a 200% upside participation rate subject to a minimum maximum return of 24.50% (at least $245), a 10% downside buffer (threshold = 90% of the starting value), and potential loss of up to 90% of principal if the ending value is below the threshold. Agent discount per security is $25.75, with proceeds to Bank of Montreal of $974.25 per security.

Rhea-AI Summary

Bank of Montreal (BMO) is offering Accelerated Return Notes® linked to the EURO STOXX 50® Index due April 30, 2027. Each unit has a $10.00 principal amount, an approximately 14 months term, a 300% participation rate and a Capped Value of $11.87 per unit (an 18.70% maximum return).

The pricing date initial estimated value was $9.73 per unit while the public offering price is $10.00, reflecting an underwriting discount of $0.175 and a hedging-related charge of $0.05 per unit. The Starting Value for the Index on the pricing date was 6,161.56. Payments, including principal repayment, depend on the Ending Value of the Index and are subject to BMO's credit risk: gains are capped at the Capped Value; losses can include loss of principal if the Index declines.

Rhea-AI Summary

Bank of Montreal is offering Capped Leveraged Index Return Notes® linked to a basket of four stocks with a $10.00 per‑unit public offering price and aggregate public offering proceeds of $6,997,410.00. The notes mature on February 25, 2028 and pay a leveraged upside subject to a cap.

The notes reference a Basket of CAT, STX, CEG and NI with starting value 100.00, a 200% participation rate and a capped redemption per unit of $17.00 (a 70.00% return over principal). Repayment is subject to BMO's credit risk and fees include a $0.20 underwriting discount and a $0.05 hedging charge per unit.

Rhea-AI Summary

Bank of Montreal (BMO) is offering Capped Market Index Target-Term Securities® linked to a global equity index basket due February 28, 2031. Each unit has a $10.00 principal amount, a 100% participation rate and a Capped Value of $15.05 per unit (a 50.50% capped return).

The notes provide participation in increases of an unequally weighted Basket (50% Dow Jones Industrial Average®, 25% EURO STOXX 50®, 25% TOPIX®) but return only the principal if the Basket is flat or declines. The initial estimated value at pricing was $9.37 per unit versus the public offering price of $10.00, reflecting an underwriting discount of $0.25 and a hedging related charge of $0.05. All payments are subject to BMO credit risk.

Rhea-AI Summary

Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes due March 3, 2031. The notes pay interest at 4.25% per annum, accrue semi‑annually, have a March 13, 2026 issue date and $1,000 principal per note.

The offering price is $1,000.00 per note with an underwriting discount of $15.00 and proceeds to the issuer of $985.00 per note. Notes are redeemable by the issuer on semi‑annual optional redemption dates and are bail‑inable under the CDIC Act, permitting conversion into common shares under subsection 39.2(2.3).

Rhea-AI Summary

Bank of Montreal is offering US$2,787,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the Class A common stock of CrowdStrike Holdings, Inc. (CRWD). The notes were priced on February 26, 2026, settle on March 03, 2026, and mature on March 05, 2029.

Key terms: an Initial Level of $381.10, a quarterly contingent coupon of 3.65% (approximately 14.60% per annum) payable when the Reference Asset closes at or above the Coupon Barrier of $190.55 on an Observation Date. The Coupon Barrier and Trigger Level equal $190.55 (50.00% of the Initial Level). Notes autocall if the Reference Asset closes at or above the Call Level (100% of Initial Level) on an Observation Date. Payment at maturity depends on the Final Level relative to the Trigger Level; if breached, principal is reduced by the Percentage Change.

The public offering price was 100% of principal, estimated initial value was $962.80 per $1,000 principal, Agent’s commission 2.00%, and proceeds to Bank of Montreal 98.00%.

Rhea-AI Summary

Bank of Montreal is offering Capped Leveraged Index Return Notes® linked to the Russell 2000® Index, maturing February 25, 2028. The public offering price is $10.00 per unit (aggregate $36,420,290.00), with an underwriting discount of $0.20 and proceeds to BMO of $9.80 per unit. The initial estimated value at pricing was $9.68 per unit. The notes provide a 200% participation rate in positive index performance up to a Capped Value of $12.394 per unit (a 23.94% capped return). The Starting Value of the Index on the pricing date was 2,677.289 and the Threshold Value is 2,409.560 (90.00% of Starting Value). If the Ending Value is below the Threshold Value, investors may lose a meaningful portion of principal.

Rhea-AI Summary

Bank of Montreal (BMO) is offering Accelerated Return Notes® linked to the Invesco S&P 500® Equal Weight ETF (ticker RSP) due April 2027. The notes have a $10.00 principal per unit, a public offering price of $10.00 and an initial estimated value of $9.73 per unit as of the pricing date.

The notes provide a 300% participation rate in positive performance of the Underlying Fund up to a Capped Value of $11.28 per unit (a 12.80% capped return). If the Ending Value is below the Starting Value, investors can lose some or all principal. The Starting Value was $204.73, and the Maturity Valuation Period includes April 21, 2027 through April 27, 2027.

Rhea-AI Summary

Bank of Montreal priced US$1,520,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due March 03, 2028, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000.

The notes were priced on February 26, 2026 with a public offering price of 100% ($1,000 per $1,000 principal). Contingent coupons equal 2.7625% per quarter (approximately 11.05% per annum) payable subject to each reference asset closing at or above a 75.00% Coupon Barrier. Automatic redemption is possible beginning August 31, 2026. The estimated initial value on the pricing date was $979.77 per $1,000.

Rhea-AI Summary

Bank of Montreal priced US$415,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the Class A common stock of Block, Inc. (ticker "XYZ"). The notes pay a 3.625% per quarter contingent coupon (approximately 14.50% per annum) and may be automatically redeemed if the Reference Asset meets the Call Level on an Observation Date.

Key dates: Pricing Date February 26, 2026, Settlement Date March 03, 2026, Valuation Date February 28, 2029, Maturity Date March 05, 2029. Coupon and principal at maturity depend on the Reference Asset's Final Level versus a Trigger Level of $27.27 (50.00% of the Initial Level). Estimated initial value was $947.76 per $1,000 principal amount.

Rhea-AI Summary

Bank of Montreal priced US$1,280,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Contingent Coupons linked to the common stock of Moderna, Inc. (MRNA). The notes price at 100% of principal with an agent commission of 2.00% and proceeds to BMO of 98.00%.

Key economics: Initial Level $51.71; Contingent Interest Rate 6.075% per quarter (approximately 24.30% per annum); Coupon Barrier Level and Trigger Level both $25.86 (50.00% of Initial Level). Observation Date is three trading days before each quarterly coupon date; Valuation Date is February 28, 2029; Maturity Date is March 05, 2029. Estimated initial value on the Pricing Date was $947.72 per $1,000 principal.

Rhea-AI Summary

Bank of Montreal priced a US$425,000 offering of Senior Medium-Term Notes, Series K, Autocallable Barrier Notes linked to the Class A common stock of Datadog, Inc. ("DDOG"). The notes mature on March 05, 2029 with a Pricing Date of February 26, 2026 and Settlement Date of March 03, 2026.

The notes pay a 4.4375% contingent coupon per quarter (approximately 17.75% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates. The offering price is 100% of principal; Agent’s Commission is 2.00% and proceeds to Bank of Montreal are $416,500. The estimated initial value on the Pricing Date was $955.27 per $1,000 principal amount.

The Coupon Barrier and Trigger Level are each $58.23 (50.00% of the Initial Level). Automatic redemption occurs if the closing level on an Observation Date is at or above the Call Level (100% of Initial Level), beginning with the Observation Date prior to the June 05, 2026 contingent coupon. Payment at maturity is cash only and depends on the Final Level versus the Trigger Level; a Trigger Event (Final Level below Trigger Level) can reduce the principal repaid.

Rhea-AI Summary

Bank of Montreal issues US$2,065,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes due September 03, 2027. These notes are linked to the least performing of the S&P 500® (SPX), Russell 2000® (RTY) and the Nasdaq-100 Technology Sector (NDXT).

The notes pay contingent monthly coupons of 1.1775% per month (approximately 14.13% per annum) if each Reference Asset on a Coupon Observation Date is at or above its Coupon Barrier (75% of its Initial Level). Pricing Date was February 26, 2026, Settlement Date March 03, 2026, Valuation Date August 31, 2027. The estimated initial value was $980.70 per $1,000 principal amount.

Rhea-AI Summary

Bank of Montreal is offering non‑interest bearing, principal‑at‑risk structured notes linked to the TOPIX® Index with an original issue price of $1,000 per note and aggregate original issue amount of $1,795,000. The notes mature on March 1, 2028 unless automatically called on the call observation date.

If the TOPIX closing level on the call observation date (initial underlier level: 3,880.34) is greater than or equal to that initial level, each $1,000 note will be redeemed on the call payment date for principal plus a 13.90% call premium. If not called, maturity payoff depends on index performance: an upside participation rate of 200% for positive returns, a full principal return if decline is up to 10.00%, and a downside rate of ~1.1111% loss of principal per 1% decline below 90.00% of the initial level (buffer level 3,492.306).

Rhea-AI Summary

Bank of Montreal is issuing Capped Leveraged Index Return Notes® linked to the MSCI Emerging Markets, due February 25, 2028. The notes are offered at a public offering price of $10.00 per unit (aggregate $16,439,560.00), with an initial estimated value of $9.65 per unit and an underwriting discount of $0.20 per unit.

The notes provide a 200% participation rate in positive index performance up to a Capped Value of $12.265 per unit (a 22.65% capped return). If the Index finishes below the Threshold Value of 1,457.35 (90% of the Starting Value 1,619.28), holders will incur proportional principal loss. Payments are unsecured and subject to BMO credit risk.

Rhea-AI Summary

Bank of Montreal is offering Accelerated Return Notes® linked to the Russell 2000® Index due April 30, 2027, in a primary offering of 4,426,385 units at a $10.00 public offering price totaling $44,263,850. Each note has a $10 principal amount, a 300% participation rate, and a Capped Value of $11.978 per unit (a 19.78% capped return). The Starting Value for the Index was 2,677.289 on the pricing date. The Redemption Amount at maturity is based on the average Closing Levels of the Index during the Maturity Valuation Period of April 21, 2027 through April 27, 2027. The notes are senior unsecured obligations of BMO, subject to BMO credit risk, not insured by CDIC or FDIC, not listed, and include an underwriting discount of $0.175 and a hedging related charge of $0.05 per unit. The term sheet warns of market, valuation, index, tax and small-cap risks and notes potential withholding or alternative U.S. tax treatments.

Rhea-AI Summary

Bank of Montreal issues market‑linked, auto‑callable notes linked to Dow Inc. (DOW) due March 1, 2029. Each security has a face amount and original offering price of $1,000; the issuer’s estimated initial value is $959.17. The notes pay a contingent quarterly coupon at a 13.30% per annum rate if the Underlier meets a coupon threshold of $17.94 on scheduled calculation days. The starting value is $29.90; the downside/coupon threshold equals 60% of the starting value. If not called, maturity pays $1,000 if the ending value is ≥ the downside threshold, otherwise the maturity payment equals $1,000 × (ending value/starting value). Pricing date: February 26, 2026; issue date: March 3, 2026.

Rhea-AI Summary

Bank of Montreal is offering US$1,360,000 of Senior Medium-Term Notes, Series K — Capped Enhanced Return Notes linked to the S&P 500® Index. The notes pay at maturity based on the index: 200.00% upside leverage on appreciation, capped at a Maximum Redemption Amount of $1,138.40 per $1,000 (a 13.84% return). If the index declines, investors lose 1% of principal for each 1% decline, with potential loss of up to 100.00% of principal. Key dates: Pricing Date February 26, 2026, Settlement Date March 03, 2026, Valuation Date March 31, 2027, Maturity Date April 05, 2027. Notes are unsecured, not listed, issued in $1,000 denominations, sold through BMO Capital Markets Corp., and carry the issuer credit risk of Bank of Montreal. The initial estimated value was $977.94 per $1,000; public price equals $1,000 per note (aggregate $1,360,000), reflecting offering and hedging costs.

Rhea-AI Summary

Bank of Montreal priced US$1,326,000 of Senior Medium-Term Notes, Series K: Contingent Risk Absolute Return Buffer Notes linked to the common stock of Microsoft Corporation (MSFT). The notes mature on March 03, 2028, have a Pricing Date of February 26, 2026 and a Valuation Date of February 29, 2028.

The notes provide 150.00% upside leverage on any positive Percentage Change in the Reference Asset but cap the payment at a Maximum Redemption Amount of $1,273.00 per $1,000. They include an 80.00% Buffer Level (a 20.00% Buffer Percentage) that yields a positive return if the Final Level is between the Initial Level and the Buffer Level, up to a Maximum Downside Redemption Amount of $1,200.00 per $1,000. If the Reference Asset declines by more than 20.00%, investors lose 1% of principal for each excess 1% decline, potentially losing up to 80.00% of principal. All payments are subject to the credit risk of Bank of Montreal and the notes pay no interest.

Rhea-AI Summary

Bank of Montreal is offering principal-protected-linked notes tied to the S&P 500® Index with an original issue price of $1,000 per note and total proceeds of $35,136,000. The trade date is February 26, 2026, original issue date March 3, 2026, determination date April 17, 2028 and stated maturity date April 19, 2028.

Holders receive no interest. If the final underlier level is >= 85.00% of the initial level (initial level 6,908.86), each $1,000 note pays the threshold settlement amount of $1,184.00. If the final underlier level is below 85.00%, investors suffer a loss of approximately 1.1765% of principal for each 1% decline below the threshold; principal could be partially or wholly lost. The issuer is unsecured; payments are subject to Bank of Montreal credit risk. The issuer’s estimated initial value per note is $999.76. The notes are not listed and are designed to be held to maturity.

Rhea-AI Summary

Bank of Montreal priced US$625,000 in Senior Medium-Term Notes, Series K: Digital Return Barrier Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100 Technology Sector Index. The notes pay a 12.35% Digital Return if the Least Performing Reference Asset’s Final Level is ≥ 70.00% of its Pricing Date level.

If the Least Performing Reference Asset falls more than 30.00% from its Initial Level, principal is reduced one-for-one with the percentage decline, so investors may lose up to 100% of principal at maturity on June 03, 2027. The notes are unsecured obligations of the Bank, will not pay interest, will not be listed, and are subject to the Bank’s credit risk. Key dates: Pricing Date February 26, 2026, Settlement Date March 03, 2026, Valuation Date May 28, 2027.

Rhea-AI Summary

Bank of Montreal is offering US$530,000 in Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due April 05, 2027, linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector indices. The notes pay a 10.60% Digital Return if the Least Performing Reference Asset's Final Level is ≥ 70.00% of its Initial Level; if the Least Performing Reference Asset falls below that Barrier Level, investors lose 1% of principal for each 1% decline, up to a total loss of principal.

Key dates: Pricing Date February 26, 2026, Settlement Date March 03, 2026, Valuation Date March 31, 2027. Price to public is 100% (per note), estimated initial value $973.57 per $1,000, and payments are unsecured obligations subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced US$298,000 of Senior Medium‑Term Notes, Series K (Capped Buffer Enhanced Return Notes) linked to the common stock of Incorporated (ticker QCOM). The notes have a Pricing Date of February 26, 2026, Settlement Date March 03, 2026, Valuation Date February 29, 2028 and Maturity Date March 03, 2028.

For each $1,000 principal: investors receive 150.00% upside leverage on any appreciation subject to a Maximum Redemption Amount of $1,514.00 (a 51.40% return). The notes provide an 80.00% buffer level (protecting against the first 20.00% decline); if the Reference Asset declines more than 20.00%, holders lose 1% of principal for each 1% decline beyond the buffer, up to an 80.00% principal loss. The notes pay no interest, are cash‑settled only, are unsecured obligations of Bank of Montreal and are subject to the issuer’s credit risk.

Rhea-AI Summary

Bank of Montreal priced US$4,330,000 of Senior Medium‑Term Market Linked Notes, Series K, linked to shares of the SPDR® Gold Trust (GLD). The notes pay no interest, mature on March 02, 2027, were priced on February 26, 2026 and settle on March 03, 2026.

The notes provide 125.00% upside leverage on any appreciation of GLD subject to a Maximum Redemption Amount of $1,170.00 per $1,000 (a 17.00% cap). If GLD falls but finishes at or above 90.00% of the Initial Level, investors lose 1% of principal per 1% decline; if GLD finishes below 90.00% of the Initial Level, the maturity payment is $900.00 per $1,000 (a 10.00% loss). The pricing supplement discloses an estimated initial value of $984.33 per $1,000 and a public offering equal to 100% of principal.

Rhea-AI Summary

Bank of Montreal priced non-interest notes linked to the S&P 500® Index. The notes trade date is February 26, 2026 with an original issue date of March 3, 2026 and a stated maturity date of March 22, 2028. For each $1,000 principal, the notes pay at maturity based on the S&P 500 performance with a 160% upside participation rate capped at a $1,252.00 maximum settlement amount and a 15.00% downside buffer (buffer level = 85.00% of the initial underlier level). The initial underlier level is 6,908.86, and the issuer’s estimated initial value per note is $999.52. The offering totals $22,794,000.00. Payments are subject to the credit risk of Bank of Montreal and the notes are not insured or exchange‑listed.

Rhea-AI Summary

Bank of Montreal priced Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due March 12, 2031. The Notes are issued at $1,000 per Note with a 4.10% fixed annual interest rate, semi‑annual payments beginning September 12, 2026, and a principal payment of $1,000 per Note at maturity unless redeemed earlier.

The Notes are redeemable in whole on March 12, 2030 at 100% of principal plus accrued interest, and are bail-inable under subsection 39.2(2.3) of the CDIC Act, permitting conversion into common shares under that statutory regime. Original issue price per Note is $1,000.00, underwriting discount is $15.00, and proceeds to Bank of Montreal per Note are $985.00.

Rhea-AI Summary

Bank of Montreal is offering non‑interest bearing, U.S. dollar cash‑settled notes linked to the S&P 500® Index with a trade date of February 26, 2026 and a stated maturity of June 15, 2027 (determination date June 11, 2027). For each $1,000 principal amount the notes pay: if the final underlier level ≥ cap level, the $1,141.00 maximum settlement amount; if final level > initial but < cap, participation at 150% of the index return up to the cap; if final level ≥ buffer level (90.00% of initial), return of principal ($1,000); if final level < buffer level, losses equal approximately 1.1111% of principal for each 1% the index declines below the buffer. Initial underlier level is 6,908.86. Original issue price is $1,000.00 per note, underwriting discount $12.90, proceeds to the issuer per note $987.10, and the issuer’s estimated initial value is $984.67 per $1,000 principal amount.

The notes are unsecured obligations of Bank of Montreal, are not listed, are designed to be held to maturity, involve issuer credit risk, have limited secondary market liquidity, and have uncertain U.S. federal tax treatment.

Rhea-AI Summary

Bank of Montreal issues market-linked, auto-callable notes due March 1, 2029. The securities were priced on February 26, 2026 with an original offering price of $1,000 per security and an estimated initial value of $957.94 per security. They pay a contingent monthly coupon at a 23.10% per annum rate (with a memory feature) and are linked to the lowest performing of the common stocks of Amazon.com, Inc., Robinhood Markets, Inc. and Tesla, Inc.. If not auto‑called, the principal at maturity depends on the lowest performing Underlier: full face amount if that Underlier’s ending value is ≥50% of its starting value; otherwise principal is $1,000×performance factor, exposing investors to losses that can exceed 50% and possibly all principal. The securities are unsecured obligations of Bank of Montreal and subject to its credit risk; payments are not FDIC‑insured.

Rhea-AI Summary

Bank of Montreal priced US$5,045,000 Senior Medium-Term Notes, Series K. The notes are Autocallable Barrier Notes linked to the least performing of the S&P 500® Index, the NASDAQ-100® Index and the Russell 2000® Index.

Key terms: Pricing Date February 26, 2026, Settlement Date February 27, 2026, Valuation Date February 23, 2029, Maturity Date February 28, 2029. Observation dates begin March 2, 2027, and automatic redemption can occur if each Reference Asset closes at or above its Call Level (95% of its Initial Level). Trigger Levels are 70% of each Initial Level; Call Amounts represent approximately 10.75% per annum. The pricing supplement states an estimated initial value of $962.76 per $1,000 principal amount on the Pricing Date.

Rhea-AI Summary

Bank of Montreal priced US$5,623,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the common stock of Hewlett Packard Enterprise Company. The Pricing Date was February 26, 2026 with Settlement on February 27, 2026 and Maturity on February 28, 2029.

The notes pay a Contingent Coupon of $29.375 per $1,000 each quarter (a Contingent Interest Rate of 2.9375% per quarter, approximately 11.75% per annum) if the Reference Asset meets the Coupon Barrier of $10.42 (50.00% of the Initial Level). The Initial Level is $20.84. The notes autocall if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date. If not called, maturity payment is $1,000 unless a Trigger Event (Final Level below $10.42) causes reduced cash settlement based on the Percentage Change. Price to public was 100%, Agent’s Commission 2.50%, proceeds to issuer 97.50%, and estimated initial value was $969.59 per $1,000.

Rhea-AI Summary

Bank of Montreal priced US$2,160,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons linked to the common stock of Builders FirstSource, Inc. (ticker BLDR), with a Pricing Date of February 26, 2026, Settlement Date February 27, 2026, Valuation Date February 23, 2029 and Maturity Date February 28, 2029. The notes pay contingent quarterly coupons of 2.6875% per quarter (approximately 10.75% per annum) if the Reference Asset closes at or above a Coupon Barrier of $52.28 (50.00% of the Initial Level) on Observation Dates and feature an automatic redemption if the Reference Asset meets the Call Level (100% of the Initial Level) on an Observation Date beginning August 26, 2026. At maturity, if the Final Level is below the Trigger Level ($52.28), investors receive a payment equal to $1,000 plus $1,000 times the Percentage Change, which may be less than principal. The initial estimated value was $953.66 per $1,000 principal.