Apple REITs
Apple REIT Seven, Eight and Nine announced an agreement by which Seven and Eight will be merged into Nine. If approved by shareholders, the combined company will hold 191 hotels with 23,711 guestrooms in 33 states. McGuireWoods is acting as corporate counsel on the transaction.
Brink’s (BCO)
CFO Joseph Dziedzic sold 19,135 shares for a total of $535,000.
Genworth Financial (GNW)
Genworth Holdings, a wholly-owned subsidiary, completed a public offering of $400 million of its 4.9% Senior Notes due 2023. Genworth Holdings may redeem all or a portion of the notes at its option at any time. Genworth Holdings intends to use the proceeds to redeem previously issued notes and general corporate purposes.
Leon Roday, the company’s general counsel, sold 30,000 shares at $12.92 each; a total of $387,000.
Scott McKay, chief information officer, exercised options for 88,100 shares at $7.80 per share, or $687,000. He then sold 64,000 shares at $13.05 for a total of $840,000.
Michel Perreault, chief risk officer, exercised options for 35,000 shares at $2 each. He then sold 15,174 shares at $13.05 per share for a total of $198,000.
Joseph Pehota, a senior vice president, exercised for 16,666 shares for $7.80 per share. He then sold 12,245 shares at $13.05 per share for a total of $159,000.
Universal Corp. (UVV)
Thomas Johnson, a director, sold 3,000 shares at $56.34 per share for a total of $169,000.
Chief Opertating Officer Keith Brewer sold 15,887 shares for a total of $916,000.
Apple REITs
Apple REIT Seven, Eight and Nine announced an agreement by which Seven and Eight will be merged into Nine. If approved by shareholders, the combined company will hold 191 hotels with 23,711 guestrooms in 33 states. McGuireWoods is acting as corporate counsel on the transaction.
Brink’s (BCO)
CFO Joseph Dziedzic sold 19,135 shares for a total of $535,000.
Genworth Financial (GNW)
Genworth Holdings, a wholly-owned subsidiary, completed a public offering of $400 million of its 4.9% Senior Notes due 2023. Genworth Holdings may redeem all or a portion of the notes at its option at any time. Genworth Holdings intends to use the proceeds to redeem previously issued notes and general corporate purposes.
Leon Roday, the company’s general counsel, sold 30,000 shares at $12.92 each; a total of $387,000.
Scott McKay, chief information officer, exercised options for 88,100 shares at $7.80 per share, or $687,000. He then sold 64,000 shares at $13.05 for a total of $840,000.
Michel Perreault, chief risk officer, exercised options for 35,000 shares at $2 each. He then sold 15,174 shares at $13.05 per share for a total of $198,000.
Joseph Pehota, a senior vice president, exercised for 16,666 shares for $7.80 per share. He then sold 12,245 shares at $13.05 per share for a total of $159,000.
Universal Corp. (UVV)
Thomas Johnson, a director, sold 3,000 shares at $56.34 per share for a total of $169,000.
Chief Opertating Officer Keith Brewer sold 15,887 shares for a total of $916,000.