Craig Johnson, president and CEO of Altria Group Distribution Co., sold 17,000 shares at $37.79 per share for a total of $642,000.
Denise Keane, the company’s general counsel, sold 40,729 shares at $37.57 per share for a total of $1.53 million.
C&F Financial (CFFI)
Chairman, President and CEO Larry Dillon exercised options for 5,100 shares for a total of $213,000. He then sold the shares at market price for a total $267,000.
The company’s board declared a dividend of $0.29 per common share payable Jan. 1, 2014.
CFO Tom Cherry exercised options for 1,277 shares at $42 per share. He then sold the shares for $50 each for a total of $63,000.
Cordia Bancorp (BOVA)
Waddy Garrett, a director of the Bank of Virginia parent company, sold 5,040 shares at $4.30 each for a total of $21,672.
Dominion Resources (D)
Peter Brown, a director, acquired 148 shares at $67.15 each or $9,900.
First Capital Bancorp (FCVA)
The parent of First Capital Bank entered into a new employment agreement with CEO John Presley effective Dec. 2. The deal pays him an annual base salary of $325,000 and it expires Dec. 31, 2016.
Director Robert Whitten acquired 1,957 shares for a total of $7,500 or an average of $3.87 per share.
Genworth Financial (GNW)
Kelly Groh, the company’s controller, exercised options for 8,916 shares for a total of $46,800. Groh then sold the shares at $15 each for a total of $133,700.
The company completed a public offering of $400 million in debt. The notes are due in 2024 and the offering was handled by Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan Securities. Genworth said it expects to use the proceeds from the offering to make a capital contribution to one or more of its U.S. mortgage insurance subsidiaries. The money may be needed to satisfy higher capital requirements that may result from new federal rules over mortgage insurers.
CFO Martin Klein sold 20,000 shares at $15.26 per share for a total of $305,200.
Chairman and CEO Alan Kirshner sold 2,000 shares at $539.31 per share for a total of $1.07 million.
Vice Chairman Steve Markel sold 5,000 shares at $545.24 per share for a total of $2.72 million.
President and co-COO Richard Whitt sold 200 shares at $558 per share for a total of $111,600.
The company closed on a $1.1 billion deal with Plum Creek Timber Company by which Plum Creek acquired all of MWV’s 501,000 acres of U.S. forestlands. Plum Creek also invested in a newly formed partnership comprised of MWV’s development 109,000 acres in the Charleston, S.C.
Donna Cox, a vice president, exercised options for 21,577 shares for a total of $268,700. She then sold the shares at market price for $35.12 per share for a total of $757,700
Brent Harwood, the company’s controller, exercised options for 8,164 shares for a total of $201,000. He then sold the shares for $34.12 per share for a total of $278,500.
Owens & Minor (OMI)
Erika Davis, a senior vice president, sold 4,000 shares at $38 per share for a total of $152,000.
Universal Corp. (UVV)
James Huffman, a subsidiary officer, sold 950 shares at $51.11 each for a total of $48,500.