Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust sold nine hotels for a total of $95 million. Apple’s portfolio now totals 234 hotels throughout 34 states. Click here to see the full announcement.
Director Michael Herling was awarded 182 shares. Herling directly owns 6,286 shares of common stock.
The used car retailer filed its fourth quarter and year-end earnings report.
CarMax reported $4.3 billion in revenue and a profit of $599 million in the first quarter 2019, up from a profit of $536 million in the same period last year.
In 2018, CarMax reported $18.1 billion in revenue and a profit of $2.4 billion, up from a profit of $2.3 billion in the year prior. Click here to see the full report.
Kinsale Capital Group (KNSL)
COO Brian Haney exercised options for 2,250 shares at $16 apiece. He then sold the shares at market price for $67.76 for a total of approximately $152,000.
The insurance company released its latest proxy statement, disclosing compensation packages paid last year to its top executives last year. Among them, executive chairman Alan Kirshner received a total pay package of $1.4 million. He received a base salary of $900,000, and $500,000 in other incentives.
Click here to see the full proxy.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 13 at the Altria Theater.
Vice chairman Steven Markel sold 200 shares at $1,000 per share for a total of $200,000. Markel directly owns 100,835 shares of common stock.
Owens & Minor (OMI)
The healthcare logistics company released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO Robert Sledd received a total pay package of $2.1 million. He received a base salary of $114,000 and $2 million in stock awards.
Click here and see page 58 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 10 at Owens & Minor’s office in Mechanicsville.
Directors George Freeman III, Kenneth Newsome, Gregory Pratt, Thomas Snead Jr., Carl Tack III and Anne Waleski were each awarded 875 shares, valued at $14,122.