Riverview Bancorp exec buys 100 shares at $5.68
Riverview Bancorp’s EVP/CRDEO increased her personal RVSB stake with a small open-market share purchase.
Rhea-AI Filing Summary
RIVERVIEW BANCORP INC (RVSB) executive Charmaine Lightheart, EVP/Chief Risk & Deposit Experience Officer, purchased 100 shares of common stock on September 17, 2026 at $5.68 per share in a direct transaction. After this trade, she holds 8,866 shares directly and 445 shares indirectly through the ESOP. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100 shares
Net Buy
2 txns
Insider
Lightheart Charmaine
Role
EVP/CRDEO
Bought
100 shs ($568.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100 | $5.68 | $568.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,866 shares (Direct);
Common Stock — 445 shares (Indirect, Shares held by the ESOP)
Key Figures
Shares purchased: 100 shares
Purchase price per share: $5.68 per share
Direct holdings after transaction: 8,866 shares
+2 more
5 metrics
Shares purchased
100 shares
Direct purchase of RVSB common stock on September 17, 2026
Purchase price per share
$5.68 per share
Open-market or private purchase of RVSB common stock
Direct holdings after transaction
8,866 shares
RVSB common stock directly owned by Charmaine Lightheart after the purchase
Indirect ESOP holdings
445 shares
RVSB shares held indirectly with nature of ownership stated as Shares held by the ESOP
Net shares bought
100 shares
Net buy activity reported in the Form 4 transaction summary
Key Terms
Rule 10b5-1 plan, Employee Stock Ownership Plan (ESOP), Indirect ownership
3 terms
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Employee Stock Ownership Plan (ESOP) financial
"Nature of ownership is described as Shares held by the ESOP"
An employee stock ownership plan (ESOP) is a company-run retirement and ownership program that gives workers shares or the right to buy shares, so employees collectively hold part of the business. It matters to investors because ESOPs change who owns the company and can affect share supply, corporate incentives and long-term performance—think of it like turning employees into partial owners, which can align interests but also dilute existing shareholders or alter cash flows for payouts.
Indirect ownership financial
"Indirect ownership reported for 445 shares held by the ESOP"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RVSB report for Charmaine Lightheart?
Charmaine Lightheart, EVP/CRDEO of RVSB, purchased 100 shares of common stock on September 17, 2026 in a direct transaction at $5.68 per share, increasing her reported direct ownership.
Was the September 17, 2026 RVSB insider trade under a Rule 10b5-1 plan?
The filing indicates no Rule 10b5-1 plan; the document-level checkbox for Rule 10b5-1 was not affirmed, so the 100-share purchase is not reported as being executed under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
