Insider Transactions is a weekly report of stock transactions involving officers and directors of publicly owned local companies.

Stock trading by corporate insiders often is a bellwether of corporate health. Most insiders buy stock or exercise options to make a profit. And insiders may be selling stock for tax reasons, estate planning or cash needs.

The following insider transactions involving companies in the Washington, Baltimore and Richmond areas were compiled by States News Service from reports to the Securities and Exchange Commission. AMERICAN WOODMARK CORP.

Jeffrey S. Holcumb Estate, a beneficial owner of American Woodmark Corp. of Winchester, Va.,disposed of 685,811 common shares at unreported prices and gave a 99,595 common-share gift Dec. 13. The estate no longer holds any common shares.

Mary J. Holcomb, a beneficial owner, acquired 685,811 common shares at unreported prices on Dec. 13. She owns 685,811 shares directly.

BALTIMORE BANCORP.

Director Theo C. Rodgers of Baltimore Bancorp. of Baltimore purchased 17,900 common shares at $4.75 each Dec. 3. Rodgers holds 17,900 shares directly and 33,208 shares indirectly.

BASSETT FURNITURE INDUSTRIES INC.

J. Edward Bassett III, a vice president of Bassett Furniture Industries Inc. of Bassett, Va., sold 3,000 common shares Dec. 12 at $33.13 each. He owns 9,592 shares directly and 2,750 shares indirectly.

J.E. Bassett Jr., an officer and director, gave a 2,400 common-share gift Dec. 14. Bassett holds 25,350 shares directly.

CAPITAL HOUSING AND MORTGAGE PARTNERS INC.

Bruce S. Lane, a director of Rockville-based Capital Housing and Mortgage Partners Inc., purchased 2,000 common shares at $5.63 to $5.75 each Oct. 1 through Nov. 5. Lane owns 2,400 shares indirectly.

CELL TECHNOLOGY INC.

W. Terrance Schreier, chairman of Cell Technology Inc. of Alexandria, gave a 3,250 common-share gift Dec. 11. Schreier now owns 54,779 shares indirectly.

CROWN CENTRAL PETROLEUM CORP.

Ted M. Jackson, an officer and director of Baltimore-based Crown Central Petroleum Corp., acquired 4,515 class A common shares through a plan Dec. 31 for an unreported price. Jackson owns 4,515 class A shares directly and 9,430 class A shares indirectly.

ETHYL CORP.

Bruce C. Gottwald, president of Ethyl Corp. of Richmond, acquired 1,202 shares through a plan at an undisclosed amount Oct. 31. Gottwald controls 4,823,313 shares directly and 4,700,023 shares indirectly.

Director Sidney B. Scott gave a 1,000 common-share gift Oct. 2. Scott owns 64,600 shares directly and 122,400 shares indirectly.

Director Lawrence E. Blanchard Jr. gave a 4,000 common-share gift Dec. 25. Blanchard holds 123,902 shares directly and 8,000 shares indirectly.

Director Lloyd B. Andrew gave a 4,700 common-share gift Dec. 17. He holds 69,860 shares directly and 171 shares indirectly.

FIRST VIRGINIA BANKS INC.

Paul H. Geithner Jr., president of First Virginia Banks Inc. of Falls Church, exercised options to purchase 1,000 common shares at $18.38 each Dec. 20. He holds 6,074 shares directly and 328 shares indirectly.

GIANT FOOD INC.

David B. Sykes, an officer and director of Landover-based Giant Food Inc., sold 10,000 class A common shares at $26.50 each Dec. 7 and gave a gift of 2,000 class A common shares Dec. 18. Sykes controls 257,360 class A shares directly and 1,000 class A shares indirectly.

David W. Rutstein, a vice president, gave a 1,350 class A common-share gift Dec. 4. Rutstein owns 65,024 class A shares directly and 24,000 class A shares indirectly.

Several officers of the company have exercised options to purchase class A common shares:

M. Davis Herriman acquired 1,000 shares at $7.34 each Jan. 2. Herriman holds 27,122 shares directly and 1,830 shares indirectly.

Albert Reinach purchased 2,000 shares at $4.72 each Dec. 6. Reinach owns 39,302 shares directly and 11,076 shares indirectly.

Robert W. Schoening purchased 1,000 shares at $7.34 each Dec. 20. Schoening holds 20,933 shares directly.

HANGER ORTHOPEDIC GROUP INC.

Ronald J. Manganiello, an officer and director of Hanger Orthopedic Group Inc. of Bethesda, disposed of 158,902 common shares at unreported prices Oct. 12, bringing his direct holding to 220,440 shares.

Ivan R. Sabel, president, disposed of 158,902 common shares at unreported prices Oct. 12. Sabel owns 106,598 shares directly and 25,000 shares indirectly.

Richard A. Stein, an officer, disposed of 25,000 common shares for an undisclosed amount Oct. 12 and no longer holds any common shares.

Director Gerald E. Bisbee Jr. disposed of 158,902 common shares through exchanges Oct. 12 for unreported prices. He currently holds 385,473 shares directly and 2,500 shares indirectly.

HILB, ROGAL & HAMILTON CO.

John C. Adams Jr., an officer and director of Hilb, Rogal & Hamilton Co. of Glen Allen, Va., gave a 1,500 common-share gift Nov. 26, and now owns 70,000 shares directly.

Director David W. Hamilton gave a 4,900 common-share gift on the same day, dropping his direct holding to 48,112 shares.

INTELLIGENT ELECTRONICS INC.

Janice M. Longer, a vice president of Landover-based Intelligent Electronics Inc., sold 16,000 common shares at $19 each Dec. 5. Longer now holds 8,000 shares directly and 10,000 shares indirectly.

MARRIOTT CORP.

Sterling D. Colton, a vice president of Marriott Corp. of Bethesda, gave a 5,500 common-share gift Dec. 8. Colton holds 29,474 shares directly.

Director Richard E. Marriott gave and received a gift of 1,549 common shares Dec. 17, and now controls 5,800,036 shares directly and 3,416,404 shares indirectly.

MCCORMICK & CO.

John W. Felton, an officer of McCormick & Co. of Hunt Valley, exercised options to purchase 3,459 class V common shares at $8.81 each Dec. 12, bringing his direct class V holding to 14,009 shares.

PRIMARK CORP.

Chilmark Capital Partners L.P., a beneficial owner of McLean-based Primark Corp., sold 330,000 common shares at $6.50 each Dec. 26 and controls 1,695,600 shares directly.

ROUSE CO.

George L. Yungmann, a vice president of the Rouse Co. of Columbia, exercised options to purchase 8,500 common shares at $5.33 each Dec. 28. Yungmann owns 35,367 shares directly and 15,500 shares indirectly.

Anthony W. Deering, also a vice president, disposed of 101,779 common shares Dec. 28 at an undisclosed price. He holds 212,468 shares directly and 14,500 shares indirectly.

RYLAND GROUP INC.

William G. Kagler, a director of Ryland Group Inc. of Columbia, Md., purchased 1,000 common shares Dec. 19 at $15.25 each, bringing his direct holding to 7,400 shares.

S&K FAMOUS BRANDS INC.

Andrew M. Lewis, a director of S&K Famous Brands Inc. of Richmond, purchased 1,000 common shares at $5.81 each Dec. 4 to bring his direct holding to 3,000 shares.

SYSTEMS CENTER INC.

Director Jack L. Lewis of Systems Center Inc. of Reston acquired 3,463 common shares through exchanges at an undisclosed price Dec. 21. Lewis now holds 6,844 shares directly and 2,448 shares indirectly.

THE WASHINGTON POST CO.

Richard D. Simmons, president of The Washington Post Co. of Washington, exercised options to purchase 3,500 class B common shares at $28.25 each Dec. 11, bringing his direct class B holding to 8,388 shares. VIVRA INC. Robert F. Derenthal, a vice president of Arlington-based Vivra Inc., exercised options to purchase 2,556 common shares at $8.80 each Dec. 12, and now owns 2,556 shares directly.