Community Bankers Trust Corp.
President and CEO Rex Smith bought 1,500 for $1.18 each, or $1,770.
John Oakey, the company’s general counsel, bought 10,000 shares at $1.15 each.
Director Emerson Hughes Jr. acquired 10,000 shares for $1.22 per share.
Glenn Dozier, a director, purchased a total of 22,460 shares for a total of $27,750.
Director Eugene Putnam purchased 8,000 shares for approximately $9,300.
Director John Watkins 20,200 shares for $24,000.
The company, parent of Essex Bank, also awarded each of its directors 10,619 shares at no cost as a retainer for their service on the board.
Eastern Virginia Bankshares
William Cox, a director, bought 1,016 shares of EVB stock for $3.26 per share. He owns more than 8,700 shares.
Franklin Financial Corp.
The top executives the recently public parent of Franklin Federal Savings Bank each signed new 3-year employment agreements.
Chairman, President and CEO Richard Wheeler Jr. will receive a base salary of no less than $235,800. CFO Donald Marker agreed to a $144,000 base salary. Vice Presidents Steven Lohr and Barry Shenton will each be paid a $162,300 annual salary.
Genworth Financial
Chairman, President and CEO Michael Fraizer disposed of 30,549 of his shares as a gift. The shares had previously been held in an annuity trust and were transferred to a family trust.
Massey Energy
Effective June 1, Massey officially was acquired by Alpha Natural Resources, a company based in the western part of Virginia. Former Massey shareholders now own 46 percent of the combined company.
As part of the merger, Massey’s stock which had been traded on the New Stock Exchange under the symbol “MEE” was delisted and it will deregister its stock with the Securities and Exchange Commission.
MeadWestvaco
CFO John Rajkowski exercised options for 75,000 shares for $681,000. He then sold those shares at market price for approximately $2.4 million.
Bruce Thomas, a senior vice president, exercised options for 10,000 shares for $9.08 each or $90,800. He then sold those shares for $33.80 each or $338,000.
Michael Schwartz is a BizSense reporter. Please send news tips to [email protected].
Community Bankers Trust Corp.
President and CEO Rex Smith bought 1,500 for $1.18 each, or $1,770.
John Oakey, the company’s general counsel, bought 10,000 shares at $1.15 each.
Director Emerson Hughes Jr. acquired 10,000 shares for $1.22 per share.
Glenn Dozier, a director, purchased a total of 22,460 shares for a total of $27,750.
Director Eugene Putnam purchased 8,000 shares for approximately $9,300.
Director John Watkins 20,200 shares for $24,000.
The company, parent of Essex Bank, also awarded each of its directors 10,619 shares at no cost as a retainer for their service on the board.
Eastern Virginia Bankshares
William Cox, a director, bought 1,016 shares of EVB stock for $3.26 per share. He owns more than 8,700 shares.
Franklin Financial Corp.
The top executives the recently public parent of Franklin Federal Savings Bank each signed new 3-year employment agreements.
Chairman, President and CEO Richard Wheeler Jr. will receive a base salary of no less than $235,800. CFO Donald Marker agreed to a $144,000 base salary. Vice Presidents Steven Lohr and Barry Shenton will each be paid a $162,300 annual salary.
Genworth Financial
Chairman, President and CEO Michael Fraizer disposed of 30,549 of his shares as a gift. The shares had previously been held in an annuity trust and were transferred to a family trust.
Massey Energy
Effective June 1, Massey officially was acquired by Alpha Natural Resources, a company based in the western part of Virginia. Former Massey shareholders now own 46 percent of the combined company.
As part of the merger, Massey’s stock which had been traded on the New Stock Exchange under the symbol “MEE” was delisted and it will deregister its stock with the Securities and Exchange Commission.
MeadWestvaco
CFO John Rajkowski exercised options for 75,000 shares for $681,000. He then sold those shares at market price for approximately $2.4 million.
Bruce Thomas, a senior vice president, exercised options for 10,000 shares for $9.08 each or $90,800. He then sold those shares for $33.80 each or $338,000.
Michael Schwartz is a BizSense reporter. Please send news tips to [email protected].