Community Bankers Trust (ESXB)
The parent company of Essex Bank issued stock awards to the members of its board of directors as a retainer for their service. Nine board members each received 792 shares at no cost.
Cordia Bancorp (BOVA)
The parent of Bank of Virginia awarded Ed Barham, recently appointed president and CEO of the bank, options for 20,000 shares with an exercise price of $3.85 per share. The options will vest next year and expire in 2025.
Vice president Michele Cardiff purchased 17.62 shares of common stock at $67.97 per share for a total of $1,197 through the company’s executive stock purchase took kit.
Genworth Financial (GNW)
President and CEO Thomas McInerney purchased 30,000 shares at $5.20 per share, for a total of $156,000.
James River Coal (JRC)
The company filed a monthly operating report as part of its reorganization under Chapter 11 bankruptcy protection.
Media General (MEG)
The company announced it would merge with Des Moines, Iowa-based Meredith Corp. in a cash and stock deal valued at $2.4 billion. The deal requires the approval of shareholders and regulatory approvals and is expected to close by June 30, 2016.
An edited transcript of a related conference call is available here.
Eight executives sold a total of 588 shares of common stock that vested Sept. 4 as part of a 2012 incentive compensation and stock plan. The shares were sold at at $385.28 per share for a collective value of $226,544. CEO Thomas Gottwald sold 136 shares for a total of $52,398.
Gottwald also contributed 250,000 shares of stock to a grantor-retained annuity trust for the benefit of himself and his five adult children.
Xenith Bankshares (XBKS)
Chief Credit Officer Wellington Cottrell III acquired 1,000 shares at $6.21 per share.