Brink’s (BCO)
Betty Alewine, a director, exercised options for 4,624 shares for $18.40 per share. She then sold 3,423 shares at $25.34 each for a total sale of $86,700.
Community Bankers Trust (ESXB)
Eugene Putnam Jr., a director, acquired 2,000 shares at $4.25 per share.
Gerald Barber, a director, acquired 645 shares at $4.25 each.
Chairman John Watkins acquired 2,500 shares at $4.26 per share.
Robin Williams, a director, acquired 1,500 shares at $4.17 each.
Cordia Bancorp (BOVA)
The parent of Bank of Virginia elected David Zlatin to its board of directors, effective May 1. Zlatin, 62, has served as COO and principal of Ramat Securities, a broker-dealer firm in Cleveland. Zlatin has degrees and a rabbinical ordination from Yeshiva University and an MBA from Cleveland State University.
Genworth Financial (GNW)
CFO Martin Klein acquired 7,500 shares at no cost through conversion of restricted stock. He then sold 3,578 shares at $17.92 for a total sale of $64,000.
James River Coal (JRCC)
The company received formal notification from the Nasdaq stock market that is stock was delisted from the exchange. JRC had been warned previously of the delisting and has said it would not appeal Nasdaq’s determination. JRC is in the midst of a Chapter 11 bankruptcy.
MeadWestvaco (MWV)
Linda Schreiner, a senior vice president, exercised options for 43,995 shares at $7.87 each. She then sold 34,727 for a total of approximately $461,000.
Robert Berkenholz, MWV’s treasurer, exercised options for 13,274 shares at $26.18 per share. He then sold 14,436 shares for a total of $569,000.
Brent Harwood, the company’s controller, exercised options for 3,541 shares for a total of $107,000. He then sold 4,285 shares for $169,000.
Owens & Minor (OMI)
Mark Van Sumeren, a senior vice president, sold 1,800 shares at $32.54 per share for a total of $58,500.
Michael Lowry, O&M’s controller, sold 745 shares at $34.07 per share.
Star Scientific (STSI)
The company entered into a separation agreement with Robert E. Pokusa, its general counsel. He was terminated as part of the company’s “ongoing transition of its business operations.” Pokusa will receive salary continuation payments for 18 months based on his yearly base compensation of $385,000. The first six months will be paid in cash and the remainder will be paid four quarterly grants of shares of Star Scientific common stock. He’ll also receive $74,000 in accrued vacation pay plus reimbursement of incurred corporate expenses.
Star Scientific received a notice on April 30 the NASDAQ OMEX Group with a warning of a potential delisting if it can’t get its stock price to close above $1 per share or higher for 10 consecutive days. The warning came after its stock closed at below $1 per share for at least 30 consecutive days. It has until Oct. 27 to regain compliance or hold a reverse stock split.
Xenith Bankshares (XBKS)
The parent of Xenith Bank elected Thomas G. Snead, Jr. as its new chairman.
Snead, who is retired, has served on the board of directors since May 2, 2013. He previously served as CEO of Wellpoint Inc., Anthem Southeast, and Trigon Healthcare, Inc. Snead also currently serves on the board of directors of Richmond-based Tredegar Corp.
Previous chairman Malcolm S. McDonald retired from service to the board on May 1.
Brink’s (BCO)
Betty Alewine, a director, exercised options for 4,624 shares for $18.40 per share. She then sold 3,423 shares at $25.34 each for a total sale of $86,700.
Community Bankers Trust (ESXB)
Eugene Putnam Jr., a director, acquired 2,000 shares at $4.25 per share.
Gerald Barber, a director, acquired 645 shares at $4.25 each.
Chairman John Watkins acquired 2,500 shares at $4.26 per share.
Robin Williams, a director, acquired 1,500 shares at $4.17 each.
Cordia Bancorp (BOVA)
The parent of Bank of Virginia elected David Zlatin to its board of directors, effective May 1. Zlatin, 62, has served as COO and principal of Ramat Securities, a broker-dealer firm in Cleveland. Zlatin has degrees and a rabbinical ordination from Yeshiva University and an MBA from Cleveland State University.
Genworth Financial (GNW)
CFO Martin Klein acquired 7,500 shares at no cost through conversion of restricted stock. He then sold 3,578 shares at $17.92 for a total sale of $64,000.
James River Coal (JRCC)
The company received formal notification from the Nasdaq stock market that is stock was delisted from the exchange. JRC had been warned previously of the delisting and has said it would not appeal Nasdaq’s determination. JRC is in the midst of a Chapter 11 bankruptcy.
MeadWestvaco (MWV)
Linda Schreiner, a senior vice president, exercised options for 43,995 shares at $7.87 each. She then sold 34,727 for a total of approximately $461,000.
Robert Berkenholz, MWV’s treasurer, exercised options for 13,274 shares at $26.18 per share. He then sold 14,436 shares for a total of $569,000.
Brent Harwood, the company’s controller, exercised options for 3,541 shares for a total of $107,000. He then sold 4,285 shares for $169,000.
Owens & Minor (OMI)
Mark Van Sumeren, a senior vice president, sold 1,800 shares at $32.54 per share for a total of $58,500.
Michael Lowry, O&M’s controller, sold 745 shares at $34.07 per share.
Star Scientific (STSI)
The company entered into a separation agreement with Robert E. Pokusa, its general counsel. He was terminated as part of the company’s “ongoing transition of its business operations.” Pokusa will receive salary continuation payments for 18 months based on his yearly base compensation of $385,000. The first six months will be paid in cash and the remainder will be paid four quarterly grants of shares of Star Scientific common stock. He’ll also receive $74,000 in accrued vacation pay plus reimbursement of incurred corporate expenses.
Star Scientific received a notice on April 30 the NASDAQ OMEX Group with a warning of a potential delisting if it can’t get its stock price to close above $1 per share or higher for 10 consecutive days. The warning came after its stock closed at below $1 per share for at least 30 consecutive days. It has until Oct. 27 to regain compliance or hold a reverse stock split.
Xenith Bankshares (XBKS)
The parent of Xenith Bank elected Thomas G. Snead, Jr. as its new chairman.
Snead, who is retired, has served on the board of directors since May 2, 2013. He previously served as CEO of Wellpoint Inc., Anthem Southeast, and Trigon Healthcare, Inc. Snead also currently serves on the board of directors of Richmond-based Tredegar Corp.
Previous chairman Malcolm S. McDonald retired from service to the board on May 1.