Riverview Bancorp Form 3 shows Nierenberg IM stake
Riverview Bancorp Inc has a new Form 3 reporting indirect beneficial ownership by Nierenberg Investment Management Company, LLC, which is classified as a ten percent owner.
Rhea-AI Filing Summary
Riverview Bancorp Inc has a new Form 3 reporting indirect beneficial ownership by Nierenberg Investment Management Company, LLC, which is classified as a ten percent owner. Nierenberg reports common stock positions held through D3 Family Fund, L.P. (696,050.0000 shares), D3 Family Bulldog Fund, L.P. (1,242,337.0000 shares) and Haredale Ltd. (94,388.0000 shares).
Through these affiliated funds, Nierenberg and related persons may be deemed to beneficially own the reported securities, but they disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Nierenberg Investment Management Company, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1, F2 | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 696,050 shares (Indirect, By D3 Family Fund, L.P.);
Common Stock — 1,242,337 shares (Indirect, By D3 Family Bulldog Fund, L.P.);
Common Stock — 94,388 shares (Indirect, By Haredale Ltd.)
Footnotes (2)
- F1. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The filing of this Form 3 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own.
- F2. Nierenberg Investment Management Company ("NIMCO") is the sole general partner of The D3 Family Fund, LP and The D3 Family Bulldog Fund, LP, and the sole investment manager of Haredale Ltd. (collectively, the "Funds"). Damon Benedict is the president of NIMCO. By virtue of these relationships, each of the Reporting Persons may be deemed to beneficially own the securities owned directly by the Funds.
Key Figures
Common stock via D3 Family Fund, L.P.: 696050.0000 shares
Common stock via D3 Family Bulldog Fund, L.P.: 1242337.0000 shares
Common stock via Haredale Ltd.: 94388.0000 shares
+3 more
6 metrics
Common stock via D3 Family Fund, L.P.
696050.0000 shares
Indirect Riverview Bancorp common stock position as of 2026-06-12
Common stock via D3 Family Bulldog Fund, L.P.
1242337.0000 shares
Indirect Riverview Bancorp common stock position as of 2026-06-12
Common stock via Haredale Ltd.
94388.0000 shares
Indirect Riverview Bancorp common stock position as of 2026-06-12
Holding entries reported
3
Number of indirect ownership positions disclosed in Form 3
Reported buy transactions
0
Buy transactions in the transaction summary
Reported sell transactions
0
Sell transactions in the transaction summary
Key Terms
beneficial ownership, pecuniary interest, ten percent owner, indirect ownership, +1 more
5 terms
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his or its pecuniary interest therein"
ten percent owner regulatory
"Reporting person is indicated as a ten percent owner of the issuer"
indirect ownership financial
"Transactions are coded with indirect ownership (I) through affiliated funds"
Form 3 regulatory
"The filing of this Form 3 shall not be deemed an admission"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for Riverview Bancorp (RVSB) by Nierenberg Investment Management show?
The Form 3 shows indirect beneficial ownership of Riverview Bancorp common stock by Nierenberg Investment Management through three affiliated funds, with separate reported positions of 696,050.0000, 1,242,337.0000 and 94,388.0000 shares.
How is Nierenberg Investment Management classified in relation to Riverview Bancorp (RVSB)?
Nierenberg Investment Management is classified as a ten percent owner of Riverview Bancorp. The reported holdings are all indirect, held through D3 Family Fund, L.P., D3 Family Bulldog Fund, L.P. and Haredale Ltd., rather than directly in Nierenberg’s name.
Does the Riverview Bancorp (RVSB) Form 3 report any insider buying or selling activity?
No buy or sell transactions are reported. The Form 3 lists three holding entries for Riverview Bancorp common stock, and the transaction summary shows 0 reported buys and 0 reported sells, indicating only ownership positions are being disclosed.
What beneficial ownership disclaimer does Nierenberg make in the Riverview Bancorp (RVSB) Form 3?
Nierenberg and the other reporting persons disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest. They also state the Form 3 should not be deemed an admission of beneficial ownership of securities not directly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
