Apple Hospitality REIT (APLE)
Executive Chairman Glade M. Knight purchased 5,000 shares at about $10 per share for a total of $50,000. Knight directly owns 10.2 million shares of common stock.
Director Hugh Redd purchased 1,000 shares at about $10 per share for a total of $10,000. Redd directly owns 102,654 shares of common stock.
Chief Accounting Officer Rachel Labrecque purchased 1,000 shares at about $10 per share for a total of $10,000. Labrecque directly owns 61,388 shares of common stock.
Bay Banks of Virginia (BAYK)
The parent of Virginia Commonwealth Bank announced its pending deal to merge into Charlottesville-based Blue Ridge Bank. Related filings for the deal include an investor slideshow here and a prospectus here.
C&F Financial (CFFI)
The company appointed Dr. Jeffery O. Smith to its board of directors effective Sept. 15. Smith is currently superintendent of Hampton City Schools. He’ll be on the board of both the holding company and the bank.
The bank declared a regular cash dividend of $0.38 per share, payable Oct. 1 to shareholders of record on Sept. 15.
Community Bankers Trust (ESXB)
Robin Williams, a director, acquired 800 shares at $5.04 apiece. Williams owns more than 75,000 shares.
The insurance underwriter announced the appointment of A. Lynne Puckett to the board of directors. Click here for the full announcement.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its second quarter earnings report. The company reported $1.7 million in total revenue and a total operating expenses of $2.5 million in the second quarter 2020, compared to $1.7 million in total revenue and $2.7 million in total operating expenses the same period last year.
Owens & Minor (OMI)
Director Robert J. Henkel purchased 10,000 shares at about $13 per share for a total of $130,000. Henkel directly owns 20,000 shares of common stock.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its fourth quarter earnings report. The company reported $5.8 billion in net sales and a net loss of $151.2 million in the fourth quarter 2020, compared to $5.9 billion in net sales and a net income of $63.2 million in the same period last year.
The plastic and aluminum parts manufacturer announced it has agreed to sell its personal care films business to affiliates of Brazil-based Fitesa S.A. The net sale is expected to generate $40 to $45 million for the company. Click here for the full announcement.