Paul C. Robinson, a director at C & F Financial Corp (NASDAQ:CFFI), reported a sale of 100 shares of common stock on December 9, 2024. The shares were sold at a price of $77.30 each, totaling $7,730. Following this transaction, Robinson's direct ownership stands at 18,067 shares.
Additionally, the report disclosed two transactions dated December 5 and December 6, where Robinson transferred 100 shares each as gifts, with no financial consideration involved. These transactions did not affect his direct ownership significantly, as they were conducted at no value.
In other recent news, C&F Financial Corp has announced the retirement of Bryan McKernon, President and CEO of its subsidiary, C&F Mortgage Corporation. McKernon will step down from his executive role by the end of this month, as reported in an 8-K filing with the Securities and Exchange Commission. Despite his retirement, he will continue to contribute to the company's leadership as the Executive Vice Chairman of the Board of Directors of C&F Mortgage through the end of 2025. Additionally, he will maintain his presence on the Board of Directors of Citizens and Farmers Bank, another subsidiary of C&F Financial Corporation. The company has not yet disclosed a successor for McKernon's position or the details of the transition plan. These are among the recent developments at C&F Financial Corp.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.