CarMax (KMX)
Eric Margolin, the company’s general counsel, exercised options for 41,072 shares at $11.43 per share. He then sold those shares at market price for $52.59 each for a total sale of $2.15 million.
James River Coal (JRCC)
The coal company, which is in Chapter 11 bankruptcy as it explores a sale of most of its operations, filed its monthly operating report as required by the court. It reported a loss of $13.84 million for the month of May. It generated $28.91 million in revenue during the month. Its expenses included $4.86 million in professional fees paid related to the ongoing Chapter 11 process. As of May 31, 2014, it said it has $72.8 million in cash on hand, at least some of which is derived from debtor-in-possession financing it received when it filed bankruptcy.
CarMax (KMX)
Eric Margolin, the company’s general counsel, exercised options for 41,072 shares at $11.43 per share. He then sold those shares at market price for $52.59 each for a total sale of $2.15 million.
James River Coal (JRCC)
The coal company, which is in Chapter 11 bankruptcy as it explores a sale of most of its operations, filed its monthly operating report as required by the court. It reported a loss of $13.84 million for the month of May. It generated $28.91 million in revenue during the month. Its expenses included $4.86 million in professional fees paid related to the ongoing Chapter 11 process. As of May 31, 2014, it said it has $72.8 million in cash on hand, at least some of which is derived from debtor-in-possession financing it received when it filed bankruptcy.