Apple REIT (APLE)
The real estate investment trust scheduled a conference call with investors for Aug. 7 at 9 a.m. to report second-quarter earnings. More information is available here.
Brink’s (BCO)
Three executives sold a total of 3,494 shares of common stock at $29.16 per share. Executive VP and CFO Joseph Dziedzic sold 2,325 shares for a total of $67,797.
CarMax (KMX)
Director Ronald Blaylock exercised stock options for 4,077 shares, 2,870 of which were purchased at $46.65 per share; the rest at $33.11 per share. Blaylock then sold 2,616 shares at $66.42 a share for a total of $173,754.
Village Bank & Trust Financial (VBFC)
The parent of Village Bank awarded grants of performance-based restricted stock units to CEO Bill Foster, CFO Harril Whitehurst and Chief Credit Officer Jay Hendricks, as part of a stock incentive plan. The awards are based on the company achieving financial performance targets over the next four years. Foster’s grants included 600 shares in 2015 and 1,800 each year in 2016-2018. Whitehurst and Hendricks were each awarded 300 shares for 2015 and 900 shares per year for the following three years. They restricted units will convert to Village common stock on a one-for-one basis if the company achieves goals related to net income, gross loans, classified assets ratio and efficiency ratio.
Tredegar (TG)
The company announced it will downsize its film products manufacturing facility in Lake Zurich, Illinois, requiring various machinery upgrades and equipment transfers to its other facilities that are expected to cost between $13 million and $14 million over a 21- to 24-month period.
Apple REIT (APLE)
The real estate investment trust scheduled a conference call with investors for Aug. 7 at 9 a.m. to report second-quarter earnings. More information is available here.
Brink’s (BCO)
Three executives sold a total of 3,494 shares of common stock at $29.16 per share. Executive VP and CFO Joseph Dziedzic sold 2,325 shares for a total of $67,797.
CarMax (KMX)
Director Ronald Blaylock exercised stock options for 4,077 shares, 2,870 of which were purchased at $46.65 per share; the rest at $33.11 per share. Blaylock then sold 2,616 shares at $66.42 a share for a total of $173,754.
Village Bank & Trust Financial (VBFC)
The parent of Village Bank awarded grants of performance-based restricted stock units to CEO Bill Foster, CFO Harril Whitehurst and Chief Credit Officer Jay Hendricks, as part of a stock incentive plan. The awards are based on the company achieving financial performance targets over the next four years. Foster’s grants included 600 shares in 2015 and 1,800 each year in 2016-2018. Whitehurst and Hendricks were each awarded 300 shares for 2015 and 900 shares per year for the following three years. They restricted units will convert to Village common stock on a one-for-one basis if the company achieves goals related to net income, gross loans, classified assets ratio and efficiency ratio.
Tredegar (TG)
The company announced it will downsize its film products manufacturing facility in Lake Zurich, Illinois, requiring various machinery upgrades and equipment transfers to its other facilities that are expected to cost between $13 million and $14 million over a 21- to 24-month period.