Riverview Bancorp (RVSB) CFO boosts stake with 1,000-share buy
Rhea-AI Filing Summary
RIVERVIEW BANCORP INC (RVSB) reported that its EVP/CFO, David Lam, purchased 1,000 shares of common stock on 2026-08-17 at $5.17 per share in an open-market or private transaction. Following this trade, he holds 76,011 shares directly, including 13,455 shares in the Riverview 401(k) Plan, and 6,794 additional shares are held indirectly through the ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Lam David
Role
EVP/CFO
Bought
1,000 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 1,000 | $5.17 | $5K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,011 shares (Direct);
Common Stock — 6,794 shares (Indirect, Shares held by the ESOP)
Footnotes (1)
- F1. Includes 13,455 shares owned in the Riverview 401(k) Plan.
Key Figures
Shares purchased: 1,000 shares
Purchase price per share: $5.17 per share
Direct holdings after transaction: 76,011 shares
+3 more
6 metrics
Shares purchased
1,000 shares
Common Stock purchase on 2026-08-17
Purchase price per share
$5.17 per share
Price for 1,000-share Common Stock purchase
Direct holdings after transaction
76,011 shares
Total direct Common Stock owned by David Lam following the purchase
Shares in Riverview 401(k) Plan
13,455 shares
Portion of David Lam’s direct holdings held in the Riverview 401(k) Plan
Indirect ESOP holdings
6,794 shares
Common Stock held indirectly as “Shares held by the ESOP”
Net buy shares
1,000 shares
Net buy direction across reported transactions in this Form 4
Key Terms
ESOP, 401(k) Plan, indirect ownership
3 terms
ESOP financial
"nature_of_ownership: "Shares held by 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.
401(k) Plan financial
"Includes 13,455 shares owned in the Riverview 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"Indirect ownership coded as I for Shares held by the ESOP"
FAQ
What insider transaction did RVSB report for EVP/CFO David Lam?
David Lam purchased 1,000 shares of Riverview Bancorp common stock on 2026-08-17 at $5.17 per share. This open-market or private purchase increased his directly held position and reflects updated ownership levels disclosed in the Form 4.
What indirect RVSB holdings does David Lam report in this Form 4?
In addition to his direct holdings, David Lam reports 6,794 RVSB shares held indirectly, noted as “Shares held by the ESOP.” These ESOP shares are reported as indirect ownership in the Form 4’s holdings section.
AI-generated analysis. How Rhea-AI works. Not financial advice.
