Riverview Bancorp (RVSB) EVP buys 4,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Riverview Bancorp executive Robert Benke reported a new share purchase. On May 8, 2026, the EVP and Chief Credit Officer bought 4,000 shares of Common Stock in an open-market transaction at $5.44 per share.
After this purchase, Benke directly owns 47,984 shares of Riverview Bancorp Common Stock. The filing also shows 4,815 shares held indirectly through the ESOP and, according to a footnote, 8,740 shares owned in the Riverview 401(k) Plan, highlighting additional retirement-related holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($21,760)
Net Buy
2 txns
Insider
Benke Robert
Role
EVP/CCO
Bought
4,000 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,000 | $5.44 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 47,984 shares (Direct, null);
Common Stock — 4,815 shares (Indirect, Shares held by the ESOP)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase: 4,000 shares
Purchase price: $5.44 per share
Direct holdings after trade: 47,984 shares
+2 more
5 metrics
Open-market purchase
4,000 shares
Common Stock bought on May 8, 2026
Purchase price
$5.44 per share
Price paid for 4,000 Common Stock shares
Direct holdings after trade
47,984 shares
Common Stock directly owned following transaction
Indirect ESOP holdings
4,815 shares
Common Stock held indirectly through ESOP
401(k) Plan holdings
8,740 shares
Shares owned in Riverview 401(k) Plan per footnote
Key Terms
open-market purchase, Common Stock, ESOP, Riverview 401(k) Plan
4 terms
open-market purchase financial
"bought 4,000 shares of Common Stock in an open-market transaction at $5.44 per share"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"On May 8, 2026, the EVP and Chief Credit Officer bought 4,000 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ESOP financial
"The filing also shows 4,815 shares held indirectly through the ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Riverview 401(k) Plan financial
"a footnote, 8,740 shares owned in the Riverview 401(k) Plan"
FAQ
What insider transaction did RVSB executive Robert Benke report?
EVP and Chief Credit Officer Robert Benke reported buying 4,000 Riverview Bancorp (RVSB) Common Stock shares. The open-market purchase occurred on May 8, 2026 at $5.44 per share, increasing his directly held position disclosed in the Form 4 filing.
What indirect Riverview Bancorp (RVSB) holdings are reported for Robert Benke?
The Form 4 shows 4,815 Riverview Bancorp (RVSB) shares held indirectly through the ESOP. A footnote further states that his reported holdings include 8,740 shares owned in the Riverview 401(k) Plan, indicating additional retirement-plan exposure to the stock.