Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank appointed Rilla Delorier to its board of directors. Delorier, 55, previously held roles at Umpqua Bank, SunTrust Bank, PNC Bank and Bain & Co.
CarLotz (LOTZ)
Former CEO Michael Bor continued his streak of selling off shares, as he disposed of 1.35 million shares at an average price of $0.47 apiece for a total of approximately $639,000. Bor has sold millions of shares over the last two months. He still owns 5.3 million shares of CarLotz stock.
CarMax (KMX)
The used car retailer filed its earnings report for the company’s first quarter of fiscal year 2023, which ended May 31. The company reported net sales and operating revenues of $9.3 billion, a 21 percent increase compared to the same period of the prior year’s first quarter. Total gross profit was $875.4 million, a 5.3 percent decline compared to the previous year. Net earnings were $252.3 million for the quarter.
Genworth Financial (GNW)
CEO Thomas McInerney sold 100,000 shares at $3.94 apiece for a total of $394,000. He still owns 3.9 million shares.
Medalist Diversified REIT (MDRR)
Chairman and CEO Thomas Messier bought 20,000 shares at about 90 cents per share for a total of $18,000. Messier directly owns 197,002 shares of common stock.
Universal Corp. (UVV)
The tobacco company released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO George Freeman received a total pay package of $2.9 million. He received a base salary of $978,900, $1.8 million in stock awards and $947,126 in other incentives.
Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held Aug. 2.
Subsidiary Officer Theodore Broome sold 4,000 shares at about $56 per share for a total of $224,000. Broome directly owns 42,943 shares of common stock.
Vice President Preston Wigner sold 4,000 shares at about $56 per share for a total of $224,000. Wigner directly owns 46,299 shares of common stock.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank appointed Rilla Delorier to its board of directors. Delorier, 55, previously held roles at Umpqua Bank, SunTrust Bank, PNC Bank and Bain & Co.
CarLotz (LOTZ)
Former CEO Michael Bor continued his streak of selling off shares, as he disposed of 1.35 million shares at an average price of $0.47 apiece for a total of approximately $639,000. Bor has sold millions of shares over the last two months. He still owns 5.3 million shares of CarLotz stock.
CarMax (KMX)
The used car retailer filed its earnings report for the company’s first quarter of fiscal year 2023, which ended May 31. The company reported net sales and operating revenues of $9.3 billion, a 21 percent increase compared to the same period of the prior year’s first quarter. Total gross profit was $875.4 million, a 5.3 percent decline compared to the previous year. Net earnings were $252.3 million for the quarter.
Genworth Financial (GNW)
CEO Thomas McInerney sold 100,000 shares at $3.94 apiece for a total of $394,000. He still owns 3.9 million shares.
Medalist Diversified REIT (MDRR)
Chairman and CEO Thomas Messier bought 20,000 shares at about 90 cents per share for a total of $18,000. Messier directly owns 197,002 shares of common stock.
Universal Corp. (UVV)
The tobacco company released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO George Freeman received a total pay package of $2.9 million. He received a base salary of $978,900, $1.8 million in stock awards and $947,126 in other incentives.
Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held Aug. 2.
Subsidiary Officer Theodore Broome sold 4,000 shares at about $56 per share for a total of $224,000. Broome directly owns 42,943 shares of common stock.
Vice President Preston Wigner sold 4,000 shares at about $56 per share for a total of $224,000. Wigner directly owns 46,299 shares of common stock.