Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust has acquired a 128-room Home2 Suites by Hilton hotel in Orlando for $20.7 million. Click here for the full announcement.
The armored car giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO Douglas Pertz received a total pay package of $10.3 million. He received a base salary of $975,000, $1.8 million in stock awards and $7.5 million in other incentives.
Click here and see page 44 the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 2 in Southlake, Texas.
Director Peter Bensen sold 165 shares at $61 per share for a total of $10,107. Bensen directly owns 7,390 shares of common stock.
Director James Bennett purchased 6,550 shares at $76 per share for a total of $499,961. Bennett directly owns 8,833 shares of common stock.
Director Haybank Magood purchased 1,964 shares at $76 per share for a total of $149,912. Magood directly owns 2,974 shares of common stock.
The plastic and aluminum parts manufacturer filed its year-end and fourth quarter 2018 earnings report. Tredegar reported $294 million in revenue and a profit of $26.1 million in the fourth quarter of 2018, up from a loss of $17.9 million in the same period last year.
In 2018, Tredegar reported $1.1 billion in revenue and a profit of $24.8 million, down from a profit of $38.2 million in 2017. Click here to see the full report.
Tredegar also filed its 10-K, disclosing further details from its previously filed annual report. Click here for the full document.