The used car retailer reported its earnings for the quarter that ended on Nov. 30, 2016. Revenues totaled $3.7 billion, up from $3.5 billion the same quarter the year before. Profits totaled $136.6 million, up from $128.1 million. Year-to-date revenues totaled $11.8 billion, up from $11.4 billion in 2015. Year-to-date profits totaled $474.3 million, down from $482.4 million the year before.
Senior VP Mohammad Shamim exercised options for 30,404 shares of common stock, selling them at $67.02 per share for a total of $2,037,676.
Executive VP Eric Margolin exercised options for 25,000 shares of common stock, selling 3,604 at $64.82 per share and 21,396 at $65.40 per share for a total of $1,632,909.
Director Shira Goodman exercised options for 5,787 shares of common stock, selling them at $67.06 per share for a total of $388,076.
Director Mitchell Steenrod exercised options for 2,788 shares of common stock, selling them at $67.46 per share for a total of $188,078.
Owens & Minor (OMI)
Director Craig Smith sold 25,000 shares of common stock at $36.21 per share for a total of $905,250. He also gifted 1,250 shares.
Union Bankshares (UBSH)
The parent of Union Bank & Trust said it will release its 2016 fourth quarter and year-end financial results at on 9 a.m. on Jan. 24.
Universal Corp. (UVV)
Five executives were awarded stock appreciation rights. VP Preston Douglas Wigner received the largest amount, selling 9,248 shares of common stock at $65.05 for a total of $601,582. VP Robert Peebles received the smallest amount, selling 7,006 shares at $64.40 per share for a total of $451,186.
Village Bank & Trust Financial (VBFC)
The parent of Village Bank disclosed a new employment agreement for CFO Harril Whitehurst Jr. that will run through 2019. It calls for an annual base salary of not less than $186,000, as well as cash bonuses and stock-based awards to be determined. It also includes clauses for termination without cause and change-in-control. View the full agreement here.