Trading Day: Local SEC filings for 9.24.20

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust posted an updated investor presentation on its website Sept. 14. The presentation, which can be found here, will be used at conferences and meetings to take place over the coming weeks.

Chief Capital Investor Officer Jeanette Clarke purchased 500 shares at about $10 per share for a total of $5,000. Clarke directly owns 45,119 shares of common stock.

Bay Banks of Virginia (BAYK)

The parent of Virginia Commonwealth Bank filed additional documents related to its pending deal to merge with Blue Ridge Bank, including investor slideshows from both banks here and here.

Brink’s (BCO)

The armored car giant recently announced it had completed another portion of its acquisition of the majority of the cash operations of G4S. The full announcement can be found here.

Community Bankers Trust (ESXB)

The parent of Essex Bank in Henrico posted additional metrics on the number of PPP loans its issued and its level of loan modifications for borrowers related to the pandemic. Click here for the filing.

Dominion (D)

The power utility recently entered an underwriting agreement with Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Regions Securities LLC and PNC Capital Markets LLC, as representatives for the underwriters named in the agreement, for the sale of $1 billion aggregate principal amount of the company’s 2020 series D floating rate senior notes due 2023. Click here for the full announcement.

President and CEO Thomas F. Farrell II sold 50,000 shares at about $80 per share for a total of $4 million. Farrell directly owns 1.1 million shares of common stock.

Dynex Capital (DX)

The mortgage REIT has updated its investor presentation, which can be found here.

Genworth Financial (GNW)

The insurer said it continues to work toward closing its deal to be acquired by China Oceanwide by Sept. 30. Should the deal not close by Dec. 10, the company will hold a virtual shareholders meeting on that date at 9 a.m.

Kinsale Capital Group (KNSL)

The insurer announced the appointment of Mark J. Beachy as chief claims officer, effective Oct. 5.
Beachy will replace Ann Marie Marson, who will retire Sept. 30.

Medalist Diversified REIT (MDRR)

The commercial real estate-focused REIT recently announced an update on its hotel and commercial properties, which can be viewed here.

The company announced the resignations of Mark Mullinix and Dianna Raedle from the board of directors. The full announcement can be viewed here.

Performance Food Group (PFGC)

CFO James D. Hope sold 10,000 shares at about $39 per share for a total of $390,000. Hope directly owns 134,906 shares of common stock.

Village Bank and Trust Financial (VBFC)

The bank entered into a new employment agreement with Max Morehead, its VP of commercial banking. The agreement pays Morehead an annual base salary of $202,000, plus other bonuses and perks. It also includes new change of control provisions. Click here for the filing.

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