Director Mark Kington acquired 286 shares at $56.06 per share for a total of $16,000.
Dynex Capital (DX)
Director Daniel Osborne’s term on the Dynex board ended last week. He decided not to stand for reelection.
Director Barry Igdaloff sold 5,000 shares at $10.50 for a total of $52,500.
Franklin Financial (FRNK)
Warren Mackey, a director, sold 13,000 shares at $18.45 each for a total sale of $239,000.
The company said it expects lower second quarter profit for its food and beverage packaging segment. It expects profit for the unit of between $45 and $50 million for the second quarter. The decline is related to the outage and startup issues of its paperboard mill in Covington, Va. The mill is now operating at full capacity.
Universal Corp. (UVV)
Theodore Broome, an executive at Universal Leaf Tobacco, exercised options for 11,334 shares for a total of $508,000. He then sold 10,000 shares at market price for a total of $597,000
Preston Wigner, the company’s general counsel, exercised options for 3,667 shares at $37.86 per share for a total of $138,000. He then sold 2,752 shares at $60.39 each, for a total of $166,000.
CFO David Moore exercised options for 6,333 shares at $37.86 each for a total of $239,000. He then sold 5,062 shares at $61.46 per share for a total of $311,000.