Trading Day: Local SEC filings for 4.11.24

Altria (MO)

The tobacco giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO William Gifford received a total pay package of $18.5 million. That included a base salary of $1.4 million, $6.6 million in stock awards and $10.6 million in other incentives.

Click here and see page 49 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 16.

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Justin Knight received a total pay package of $6.97 million, including a base salary of $635,000, $4.3 million in stock awards and $2 million in other incentives.

Click here and see page 52 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 23.

The company uploaded a new investor presentation to its website, which can be viewed here.

Atlantic Union Bankshare (AUB)

The bank completed its previously announced acquisition of American National Bank in Danville. Read more here about the stock-for-stock deal.

The bank posted its annual proxy statement, disclosing compensation packages paid to its top executives last year. Among them, CEO John Asbury received total compensation valued at $3.55 million, up from $3.32 million in 2022. Click here for the full table.

The company’s annual shareholders meeting will be held virtually on May 7 at 10 a.m.

Dynex Capital (DX)

The mortgage REIT released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Byron Boston received a total pay package of $6.2 million. He received a base salary of $850,000, $2.9 million in stock awards and $2.4 million in other incentives.

Click here and see page 45 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 17.

Genworth Financial (GNW)

The insurer announced in its latest proxy statement that its annual shareholders meeting will be held virtually on May 23 at 9 a.m.

The proxy also disclosed the company’s executive compensation packages for 2023. CEO Thomas McInerney’s total pay package was valued at $9.86 million. That’s up from $9.44 million in 2022. Click here for the full table.

Hamilton Beach Brands (HBB)

The electrical products supplier released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Gregory Trepp received a total pay package of $3.97 million. He received a base salary of $859,923, $1.5 million in stock awards and $1.6 million in other incentives.

Click here and see page 51 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 9.

Kinsale Capital Group (KNSL)

The insurer posted its new proxy statement with executive pay info showing CEO Michael Kehoe’s compensation package for 2023 of $5.22 million. That’s up from $3.78 million in 2022. Click here for more information.

The company’s annual shareholders meeting will be held May 23 at 10:30 a.m. at The Commonwealth Club downtown.

Markel (MKL)

The insurance underwriter released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Thomas Gayner received a total pay package of $8.1 million. He received a base salary of $1.1 million, $5.4 million in stock awards and $213,184 in other incentives.

Click here and see page 38 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 22.

Medalist Diversified REIT (MDRR)

The commercial real estate-focused REIT released a letter from CEO Frank Kavanaugh and CFO Brent Winn that provides a review of fiscal year 2023 and the company’s plans for fiscal year 2024. The letter can be found here.

Altria (MO)

The tobacco giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO William Gifford received a total pay package of $18.5 million. That included a base salary of $1.4 million, $6.6 million in stock awards and $10.6 million in other incentives.

Click here and see page 49 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 16.

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Justin Knight received a total pay package of $6.97 million, including a base salary of $635,000, $4.3 million in stock awards and $2 million in other incentives.

Click here and see page 52 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 23.

The company uploaded a new investor presentation to its website, which can be viewed here.

Atlantic Union Bankshare (AUB)

The bank completed its previously announced acquisition of American National Bank in Danville. Read more here about the stock-for-stock deal.

The bank posted its annual proxy statement, disclosing compensation packages paid to its top executives last year. Among them, CEO John Asbury received total compensation valued at $3.55 million, up from $3.32 million in 2022. Click here for the full table.

The company’s annual shareholders meeting will be held virtually on May 7 at 10 a.m.

Dynex Capital (DX)

The mortgage REIT released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Byron Boston received a total pay package of $6.2 million. He received a base salary of $850,000, $2.9 million in stock awards and $2.4 million in other incentives.

Click here and see page 45 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 17.

Genworth Financial (GNW)

The insurer announced in its latest proxy statement that its annual shareholders meeting will be held virtually on May 23 at 9 a.m.

The proxy also disclosed the company’s executive compensation packages for 2023. CEO Thomas McInerney’s total pay package was valued at $9.86 million. That’s up from $9.44 million in 2022. Click here for the full table.

Hamilton Beach Brands (HBB)

The electrical products supplier released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Gregory Trepp received a total pay package of $3.97 million. He received a base salary of $859,923, $1.5 million in stock awards and $1.6 million in other incentives.

Click here and see page 51 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 9.

Kinsale Capital Group (KNSL)

The insurer posted its new proxy statement with executive pay info showing CEO Michael Kehoe’s compensation package for 2023 of $5.22 million. That’s up from $3.78 million in 2022. Click here for more information.

The company’s annual shareholders meeting will be held May 23 at 10:30 a.m. at The Commonwealth Club downtown.

Markel (MKL)

The insurance underwriter released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Thomas Gayner received a total pay package of $8.1 million. He received a base salary of $1.1 million, $5.4 million in stock awards and $213,184 in other incentives.

Click here and see page 38 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 22.

Medalist Diversified REIT (MDRR)

The commercial real estate-focused REIT released a letter from CEO Frank Kavanaugh and CFO Brent Winn that provides a review of fiscal year 2023 and the company’s plans for fiscal year 2024. The letter can be found here.

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