Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust added a new investor presentation to its website, which can be viewed here.
Dominion (D)
The power utility announced in early December that COO and executive vice president Diane Leopold intends to retire June 1, 2025, and would step down from her role as COO on Jan. 1, 2025. During the interim period, she would assist with the transition.
Edward Blaine will take on responsibility for Dominion’s utility operations and Eric Carr will assume responsibility of Dominion’s contracted energy segment in connection with Leopold’s retirement, per a company announcement.
Hamilton Beach Brands (HBB)
The electrical products supplier announced it has entered into a new credit agreement with Wells Fargo, which provides an aggregate principal of $125 million in senior secured, asset-based revolving credit facility. Also included is a $5 million subfacility for the issuance of letters of credit, according to a company announcement. More details can be found here.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT announced in mid-December it has agreed to buy a property at 376 Dan Tibbs Road in Madison County, Alabama for $3.1 million and a property at 2445 Scottsville Road in Bowling Green, Kentucky for $2.6 million.
CFO Charles Winn bought 6,000 shares at $12.50 per share for a total of $75,000. Winn directly owns 44,424 shares of common stock.
CEO Frank Kavanaugh purchased 5,500 shares at about $12 per share for a total of $66,000. Kavanaugh directly owns 234,000 shares of common stock.
New Market (NEU)
The petroleum-focused holding company’s board of directors approved a new share repurchase program in December. The board authorized the repurchase of up to $500 million of the company’s outstanding common stock through Dec. 31, 2027. The new program will replace the existing $500 million repurchase program the board approved in October 2021, and will expire on Dec. 31, 2024.
Performance Food Group (PFGC)
The Goochland-based foods distributor announced in December that it had appointed Scott McPherson to serve as president and COO effective Jan. 1, 2025. McPherson is the company’s CFO and executive vice president.
The board also appointed COO Craig Hoskins to serve as CDO and executive vice president effective Jan. 1, 2025. Hoskins is currently COO and president.
COO Craig Hoskins sold 20,496 shares at $88 per share for a total of $1.8 million. Hoskins directly owns 192,868 shares of common stock.
CCO Patrick Hagerty sold 3,000 shares at about $89 per share for a total of $267,000. Hagerty directly owns 146,987 shares of common stock.