Trading Day: Local SEC filings for 4.1.21

Altria (MO)

Thomas F. Farrell II notified the company in late March that he plans to retire from the board of directors at the end of his term. Farrell is currently the board’s chairman. See full announcement here.

John T. Casteen III has decided to not retire from the board of directors at the request of the board in light of Farrell’s pending retirement. Casteen will be a nominee for election to the board at the company’s 2021 annual shareholders meeting.

Apple Hospitality REIT (APLE)

Director Howard E. Wolley purchased 1,915 shares at about $16 per share for a total of about $30,640. Wolley directly owns 1,915 shares of common stock.

Atlantic Union Bankshares (AUB)

The parent of Atlantic Union Bank filed its latest proxy statement, disclosing the executive compensation packages paid to its top leaders last year. Among them, president and CEO John Asbury received $2.94 million in total compensation in 2020. That’s up from $2.48 million the previous year. Click here to see the summary compensation table.

The company announced that its annual shareholders meeting will be held virtually at 10 a.m. May 4.

Brink’s (BCO)

The armored car giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives.

President and CEO Douglas A. Pertz received a total pay package of $13.9 million. He received a base salary of $922,349, $11.5 million in stock awards and $1.5 million in other incentives.

Click here and see page 48 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 7.

The company recently announced the appointment of A. Louis Parker to the board of directors. See full announcement here.

C&F Financial (CFFI)

The parent of C&F Bank released its latest proxy statement and executive compensation packages for 2020. Atop its list is CEO Tom Cherry, who received total compensation valued at $977,000. That’s up from $939,000 in 2019. Click here for the summary table.

The company will hold its annual shareholders meeting virtually at 3:30 p.m. April 20.

CarLotz (LOTZ)

The company filed its first annual report as a publicly traded company. It reported a net loss of $6.8 million for the year on $118.6 million in revenue. Click here for the full file.

CarMax (KMX)

The used car retailer plans to achieve net zero carbon emissions by 2050. The effort comes as part of the company’s actions to reduce its environmental impact in line with goals set by the Paris Agreement. See the full announcement here.

Community Bankers Trust (ESXB)

The parent of Essex Bank approved a performance-based restricted stock award plan for its top execs.

Dominion (D)

The power utility released its latest proxy statement, disclosing compensation packages paid last year to its top executives.

President and CEO Robert M. Blue received a total pay package of $7.9 million. He received a base salary of $890,573, $2.9 million in stock awards and $4.1 million in other incentives.

Click here and see page 56 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 5.

The board of directors elected Blue to serve as the board’s executive chairman effective April 1. He succeeds Thomas F. Farrell II, who has retired as executive chairman and board director effective April 1.

Genworth Financial (GNW)

The insurer announced the election of three new directors to its board: Jill R. Goodman, managing director at Foros Advisors LLC; Howard D. Mills, III, former superintendent of the New York Insurance Department; and Ramsey Smith, founder and CEO of ALEX.fyi. Their appointments are effective immediately and they replace James S. Riepe, David M. Moffett and Thomas E. Moloney, who all announced their intention to retire from the board next month.

Hamilton Beach Brands (HBB)

The electrical products supplier filed its year-end earnings report. In 2020, the company reported $603.7 million in revenue and $37.4 million in operating profit. In 2019, the company reported $611.8 million in revenue and an operating profit of $26.8 million. Click here to see the full report.

Markel (MKL)

The insurance underwriter released its latest proxy statement, disclosing compensation packages paid last year to its top executives.

Co-CEO Thomas S. Gayner received a total pay package of $4.2 million. He received a base salary of $1 million, $2.1 million in stock awards and $1.1 million in other incentives.

Click here and see page 27 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 10.

Medalist Diversified REIT (MDRR)

CFO Charles Brent Winn Jr. purchased 4,000 shares at about $2 for a total of $8,000. Winn directly owns 38,587 shares of common stock.

New Market (NEU)

The petroleum-focused holding company announced it sold $400 million in aggregate principal amount of its 2.700 percent Senior Notes due 2031. See here for the full announcement.

Owens & Minor (OMI)

Chief HR Officer Carol Shana Neal sold 12,578 shares at about $38 per share for a total of $477,964. Neal directly owns 156,096 shares of common stock.

Southern National Bancorp (SONA)

The parent of Henrico-based Sonabank has formally changed its name to Primis Financial Corp. and changed the name of the bank subsidiary to Primis Bank on March 31. The company’s new ticker symbol is FRST.

Tredegar (TG)

The plastic and aluminum parts manufacturer released its latest proxy statement, disclosing compensation packages paid last year to its top executives.

President and CEO John M. Steitz received a total pay package of $5 million. He received a base salary of $843,563, $471,567 in stock awards and $3.7 million in other incentives.

Click here and see page 35 for the full compensation table.

The proxy also announced the date of the company’s annual shareholders meeting, to be held May 6.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments