Trading Day: Local SEC filings for 5.2.24

Altria (MO)

The tobacco giant reported net revenues of $5.6 billion in its earnings report for the first quarter of 2024, a 2.5% decrease compared to the same period in 2023.

ARKO Corp. (ARKO)

The gas station and convenience store giant released its annual proxy statement and executive compensation data. Its highest paid executive was Chairman, President and CEO Arie Kotler, who received $6.04 million in 2023, down from $6.68 million.

ASGN (ASGN)

The IT consulting and staffing firm posted its annual report for shareholders. Click here for the full document.

In ASGN’s first quarter earnings, it reported net income of $38.1 million, down from $49.5 million in the same period last year. Click here for the report.

The company also released its annual proxy statement, disclosing its executive compensation packages from 2023. Atop the list is CEO Ted Hanson, who received total compensation of $6.85 million. That’s down from $8.42 million in 2022.

Atlantic Union Bankshares (AUB)

The bank posted its first quarter earnings, reporting net income of $46.8 million, compared to $32.68 million in the same period last year. Click here for the full report.

AUB also posted an investor slideshow related to its first quarter performance.

CarMax (KMX)

The used car retailer filed its earnings report for the company’s fourth quarter 2024, which ended Feb. 29. CarMax reported $5.6 billion in net revenue for the period, which was a 1.7% decrease compared to the same period the previous year.

CCO Diane Cafritz sold 15,356 shares at about $70 per share for a total of $1.1 million. Cafritz directly owns 6,977 shares of common stock.

C&F Financial (CFFI)

The parent of C&F Bank posted $3.4 million in net income for the first quarter, down from $6.5 million in the same period last year. Click here for the full report.

Dynex Capital (DX)

The mortgage REIT filed its earnings report for the quarter that ended March 31. The company reported a net income of $40.1 million.

Kinsale Capital Group (KNSL)

The Henrico-based insurance company posted $98.9 million in net income for the first quarter, up from $55.8 million in the same period last year. Click here for the full quarterly report.

Markel (MKL)

The insurance underwriter filed its quarterly earnings report for the period that ended March 31. The company reported a net income of $1 billion for the quarter, an increase from the $538 million in net income reported in the same period last year.

New Market (NEU)

The petroleum-focused holding company recently announced that the board of directors declared a dividend of $2.50 per share of common stock payable July 1. Full announcement here.

Owens & Minor (OMI)

The healthcare logistics company recently announced that Dan Starck, executive vice president of business excellence, plans to retire effective May 17.

SVP Jonahtan Leon sold 5,000 shares at about $25 per share for a total of $125,000. Leon directly owns 84,673 shares of common stock.

Village Bank and Trust Financial (VBFC)

The Midlothian-based bank reported first quarter net income of $1.77 million, up from $1.54 million in the same period last year. Click here for the full quarterly report.

Altria (MO)

The tobacco giant reported net revenues of $5.6 billion in its earnings report for the first quarter of 2024, a 2.5% decrease compared to the same period in 2023.

ARKO Corp. (ARKO)

The gas station and convenience store giant released its annual proxy statement and executive compensation data. Its highest paid executive was Chairman, President and CEO Arie Kotler, who received $6.04 million in 2023, down from $6.68 million.

ASGN (ASGN)

The IT consulting and staffing firm posted its annual report for shareholders. Click here for the full document.

In ASGN’s first quarter earnings, it reported net income of $38.1 million, down from $49.5 million in the same period last year. Click here for the report.

The company also released its annual proxy statement, disclosing its executive compensation packages from 2023. Atop the list is CEO Ted Hanson, who received total compensation of $6.85 million. That’s down from $8.42 million in 2022.

Atlantic Union Bankshares (AUB)

The bank posted its first quarter earnings, reporting net income of $46.8 million, compared to $32.68 million in the same period last year. Click here for the full report.

AUB also posted an investor slideshow related to its first quarter performance.

CarMax (KMX)

The used car retailer filed its earnings report for the company’s fourth quarter 2024, which ended Feb. 29. CarMax reported $5.6 billion in net revenue for the period, which was a 1.7% decrease compared to the same period the previous year.

CCO Diane Cafritz sold 15,356 shares at about $70 per share for a total of $1.1 million. Cafritz directly owns 6,977 shares of common stock.

C&F Financial (CFFI)

The parent of C&F Bank posted $3.4 million in net income for the first quarter, down from $6.5 million in the same period last year. Click here for the full report.

Dynex Capital (DX)

The mortgage REIT filed its earnings report for the quarter that ended March 31. The company reported a net income of $40.1 million.

Kinsale Capital Group (KNSL)

The Henrico-based insurance company posted $98.9 million in net income for the first quarter, up from $55.8 million in the same period last year. Click here for the full quarterly report.

Markel (MKL)

The insurance underwriter filed its quarterly earnings report for the period that ended March 31. The company reported a net income of $1 billion for the quarter, an increase from the $538 million in net income reported in the same period last year.

New Market (NEU)

The petroleum-focused holding company recently announced that the board of directors declared a dividend of $2.50 per share of common stock payable July 1. Full announcement here.

Owens & Minor (OMI)

The healthcare logistics company recently announced that Dan Starck, executive vice president of business excellence, plans to retire effective May 17.

SVP Jonahtan Leon sold 5,000 shares at about $25 per share for a total of $125,000. Leon directly owns 84,673 shares of common stock.

Village Bank and Trust Financial (VBFC)

The Midlothian-based bank reported first quarter net income of $1.77 million, up from $1.54 million in the same period last year. Click here for the full quarterly report.

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