Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust reported that nine of its hotel properties that were in the primary path of Hurricane Harvey sustained minimal damage and remain open to assist the area’s recovery efforts. The full release can be read here.
CarMax (KMX)
CFO Thomas Reedy Jr. exercised options for 8,585 shares of common stock, selling them at $66.87 per share for a total of $573,945.
Senior VP Mohammad Shamim exercised options for 13,938 shares of common stock, selling them at prices ranging from $66.08 to $66.16 per share for a total of $921,038.
Union Bankshares (UBSH)
The parent of Union Bank announced Monday that longtime SunTrust executive John Stallings Jr. will join the bank later this month as president. CEO John Asbury will relinquish the president title in the process. Stallings, 50, will receive a compensation package with an initial annual base salary of $400,000, a $200,000 signing bonus after 30 days and stock awards with a market value of $430,000 and other perks. Read more about Stallings’ move here.
WestRock (WRK)
Director John Luke Jr. exercised options for 153,714 shares of common stock, selling them at prices ranging from $55.07 to $56.89 per share for a total of $8,604,905.
The packaging giant reported that its consumer paperboard mill had been idled since Aug. 30 due to Hurricane Harvey knocking out local power. No damage was sustained. The full statement can be read here.
Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust reported that nine of its hotel properties that were in the primary path of Hurricane Harvey sustained minimal damage and remain open to assist the area’s recovery efforts. The full release can be read here.
CarMax (KMX)
CFO Thomas Reedy Jr. exercised options for 8,585 shares of common stock, selling them at $66.87 per share for a total of $573,945.
Senior VP Mohammad Shamim exercised options for 13,938 shares of common stock, selling them at prices ranging from $66.08 to $66.16 per share for a total of $921,038.
Union Bankshares (UBSH)
The parent of Union Bank announced Monday that longtime SunTrust executive John Stallings Jr. will join the bank later this month as president. CEO John Asbury will relinquish the president title in the process. Stallings, 50, will receive a compensation package with an initial annual base salary of $400,000, a $200,000 signing bonus after 30 days and stock awards with a market value of $430,000 and other perks. Read more about Stallings’ move here.
WestRock (WRK)
Director John Luke Jr. exercised options for 153,714 shares of common stock, selling them at prices ranging from $55.07 to $56.89 per share for a total of $8,604,905.
The packaging giant reported that its consumer paperboard mill had been idled since Aug. 30 due to Hurricane Harvey knocking out local power. No damage was sustained. The full statement can be read here.