Trading Day: Inside the SEC filings for 7.12.12

Wall Street bullApple REIT Ten

The company entered into a contract to purchase a hotel under construction in Nassau Bay, Texas, for $14.6 million. The hotel is planned to be a 124-room Courtyard by Marriott.

Bank of Virginia

The Midlothian bank’s shareholders voted in favor of giving its board the ability to carry out a reverse stock split. The bank has said it is considering a reverse split between now and November in an attempt to increase the lagging share price of its stock.

Eastern Virginia Bankshares

The bank’s top six executives were granted shares of restricted stock. CEO Joe Shearin received 12,000 such shares. The grants had to be approved according to the provisions of TARP because of the bank’s participation in the TARP Capital Purchase Program.

Union First Market Bankshares

Union named Robert Gorman as its new CFO, effective July 23. He replaces Tony Peay, who was recently named Union’s chief banking officer. Gorman, 54, had been with SunTrust since 2002.

Universal Corp.

CFO David Moore exercised options for 4,200 shares at $35.30 per share or $148,000. He then sold 3,492 shares for $47 per share for a total of $164,000. He owns more than 67,000 shares of Universal stock.

Wall Street bullApple REIT Ten

The company entered into a contract to purchase a hotel under construction in Nassau Bay, Texas, for $14.6 million. The hotel is planned to be a 124-room Courtyard by Marriott.

Bank of Virginia

The Midlothian bank’s shareholders voted in favor of giving its board the ability to carry out a reverse stock split. The bank has said it is considering a reverse split between now and November in an attempt to increase the lagging share price of its stock.

Eastern Virginia Bankshares

The bank’s top six executives were granted shares of restricted stock. CEO Joe Shearin received 12,000 such shares. The grants had to be approved according to the provisions of TARP because of the bank’s participation in the TARP Capital Purchase Program.

Union First Market Bankshares

Union named Robert Gorman as its new CFO, effective July 23. He replaces Tony Peay, who was recently named Union’s chief banking officer. Gorman, 54, had been with SunTrust since 2002.

Universal Corp.

CFO David Moore exercised options for 4,200 shares at $35.30 per share or $148,000. He then sold 3,492 shares for $47 per share for a total of $164,000. He owns more than 67,000 shares of Universal stock.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments