Director Mark Kington bought 25,000 shares for $49.82 per share, a total purchase of $1.24 million.
Director Robert Jepson Jr. bought 10,000 shares for $50.28 each, a total of $502,000.
Chief Investment Officer Peter Joelson acquired 13,450 shares after restricted stock converted into common shares at no cost. He then sold 4,459 shares for $8.72 each.
Chief Risk Officer Michel Perreault acquired 5,400 shares at no cost. The shares converted from restricted stock into common stock. He then sold 1,966 shares for $8.72 each.
Jerome Upton, a vice president, acquired 3,278 shares. He then sold 1,203 shares at market price between $8.72 and $8.93 per share.
Amy Corbin, a vice president and controller, acquired 1,334 shares at no cost. She then sold 486 shares at $8.93 each.
Vice Chairman Steve Markel disposed of 13,500 shares as gifts. He still directly owns more than 116,000 shares of his namesake company’s stock.
Anthony Markel, also vice chairman, disposed of 9,117 as gifts. He still directly owns more than 77,000 shares.
The parent of the Richmond Times-Dispatch said it completed the first step in a refinancing process on $363 million in debt. Media General received a short-term bridge loan with its lender group, giving it some breathing room as it works to find a way to renegotiate the terms of its debt, which comes due next year.
Owens & Minor
O&M announced several internal management changes. CFO James L. Bierman will become COO, assuming leadership responsibility for the company’s field sales and operations. Bierman has been with the company since 2007.
Bierman will take the place of Charles C. Colpo, who will become a senior vice president. Colpo has been with O&M since 1981.
D. Andrew Edwards, currently controller and chief accounting officer, will fill in as CFO in the interim.
Colpo exercised options for 33,375 shares for $760,515. He then sold those shares at market price for a total of $1.01 million.
Senior Vice President Erika Davis exercised options for 13,875 shares at $21.34 each, a total of $296,000. She then sold the shares at market price for $30 each or $416,000.
Treasurer Karen Whalen sold 400 shares for $48.90 each. She still owns more than 31,000 shares.
William Coronado, who retired Dec. 31as a vice president, exercised options for 10,134 shares for $381,250. He then sold the shares at market price for a total of $481,000.
Eugene Trani, a director, exercised options for 4,000 shares for a total of $157,860. He then sold the shares for $46.85 each, a total of $187,400.