The armored car giant announced it would offer $500 million in aggregate principal of senior unsecured notes due 2027 to eligible purchasers on Sept. 29. More on the private offering here.
Eight executives exercised stock options that vested in four equal installments from 2012 to 2015 and became fully exercisable. Among them, COO William Wood Jr. sold 201,701 shares at $73.56 per share for a total of $14,837,125. CEO William Nash sold 100,522 shares at $73.85 per share for a total of $7,423,549. CFO Thomas Reedy Jr. sold 75,675 shares at $73.42 per share for a total of $5,556,058.
Director William Tiefel sold 23,000 shares of common stock at $76.39 for a total of $1,756,970.
Director Thomas Folliard sold 8,000 shares of common stock at $76.03 for a total of $608,240.
Dynex Capital (DX)
The mortgage REIT reported its second quarter earnings report for 2017. Assets totaled $3.06 billion, and liabilities totaled $2.56 billion. Net income was a loss of $7.43 million, compared to a loss the same quarter of 2016 of $3.23 million. Year-to-date profits totaled $1.61 million, compared to a loss the first half of last year of $40.66 million.
Vice Chairman Steven Markel sold 200 shares of common stock at prices ranging from $1,061.21 to $1,070.06 for a total of $213,127.
Co-CEO Richard Whitt III sold 100 shares of common stock at $1,050 per shaer for a total of $105,000.
Performance Food Group (PFGC)
The Goochland-based foods distributor released a notice and proxy statement for its annual stockholders meeting, to be held Nov. 10 at 9 a.m. at the McGuireWoods offices at Gateway Plaza, 800 E. Canal St.
Village Bank and Trust Financial (VBFC)
The parent of Village Bank disclosed a new employment agreement with CEO Bill Foster, to run through Sept. 30, 2020. He’ll receive an annual base salary of not less than $300,000, as well as being entitled to annual performance bonuses, stock-based awards and other perks. Read the full agreement here.
The packaging giant reported that 89,881 shares of stock grants awarded to CEO Steven Voorhees inadvertently exceeded the limits set forth in the company’s incentive stock plan. Voorhees was awarded to return 20,588 shares and $24,706 in cash dividends he received for those shares, among other board directives.
Director John Luke Jr. exercised options for 10,343 shares of common stock, selling them at $57.37 per share for a total of $593,377.