Riverview Bancorp director buys $11K in stock
A Riverview Bancorp director bought 2,000 RVSB shares, bringing joint beneficial holdings with her spouse to 50,000 shares.
Rhea-AI Filing Summary
RIVERVIEW BANCORP INC (RVSB) director Bessie Ross Wills purchased 2,000 shares of Common Stock on September 15, 2026 in a purchase described as an open market or private transaction at $5.585 per share. Following this trade, she is reported to beneficially own 50,000 shares, held jointly with her spouse.
No transactions in this report are stated to have been made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
1 txn
Insider
Wills Bessie Ross
Role
Director
Bought
2,000 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 2,000 | $5.585 | $11K |
Holdings After Transaction:
Common Stock — 50,000 shares (Direct)
Footnotes (1)
- F1. Shares beneficially owned jointly with spouse.
Key Figures
Shares purchased: 2,000 shares
Purchase price per share: $5.585 per share
Transaction value: $11,170
+2 more
5 metrics
Shares purchased
2,000 shares
Common Stock acquired on September 15, 2026
Purchase price per share
$5.585 per share
Price for Common Stock purchased on September 15, 2026
Transaction value
$11,170
2,000 shares purchased at $5.585 per share
Shares beneficially owned after transaction
50,000 shares
Common Stock beneficially owned jointly with spouse after purchase
Number of reported buy transactions
1 transaction
Open market or private purchase of Common Stock
Key Terms
beneficially owned, open market or private transaction
2 terms
beneficially owned financial
"Shares beneficially owned jointly with spouse."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RVSB director Bessie Ross Wills report?
She reported purchasing 2,000 shares of Riverview Bancorp Common Stock on September 15, 2026 in a transaction described as an open market or private purchase.
Were the reported RVSB insider transactions made under a Rule 10b5-1 plan?
No. The report indicates that no Rule 10b5-1 trading plan covered the disclosed purchase of Riverview Bancorp shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.