Riverview Bancorp (RVSB) EVP Charmaine Lightheart adds 176 shares in buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Riverview Bancorp Inc. executive vice president and chief risk & DEO Charmaine Lightheart reported open-market purchases of the company’s common stock. She bought 26 shares at $5.59 per share on May 29, 2026 and 150 shares at a weighted-average price of $5.538 on June 1, 2026, for a total of 176 shares acquired. Following these purchases, she directly holds 8,516 common shares. The filing also shows an additional 445 shares held indirectly through the ESOP, which represents employee plan holdings rather than direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 176 shares ($976)
Net Buy
3 txns
Insider
Lightheart Charmaine
Role
EVP/CRDEO
Bought
176 shs ($976.04)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 150 | $5.538 | $830.70 |
| Purchase | Common Stock | 26 | $5.59 | $145.34 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,516 shares (Direct, null);
Common Stock — 445 shares (Indirect, Shares held by the ESOP)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase: 150 shares at $5.538
Open-market purchase: 26 shares at $5.59
Net shares bought: 176 shares
+2 more
5 metrics
Open-market purchase
150 shares at $5.538
Common Stock bought on June 1, 2026
Open-market purchase
26 shares at $5.59
Common Stock bought on May 29, 2026
Net shares bought
176 shares
Total net buy in this Form 4
Direct holdings after trades
8,516 shares
Common Stock held directly after June 1, 2026
Indirect ESOP holdings
445 shares
Common Stock held through ESOP as of May 29, 2026
Key Terms
open-market purchase, ESOP, weighted average purchase price
3 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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.
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.
weighted average purchase price financial
"Represents the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
FAQ
What insider transactions did RVSB executive Charmaine Lightheart report?
Charmaine Lightheart reported buying Riverview Bancorp common stock in the open market. She acquired 26 shares on May 29, 2026 and 150 shares on June 1, 2026, increasing her direct ownership position in the company.
Were the recent RVSB insider transactions by Lightheart buys or sells?
The transactions reported by Charmaine Lightheart were buys. The Form 4 classifies them as open-market purchases of Riverview Bancorp common stock, with no corresponding stock sales disclosed in this filing.
Does the RVSB Form 4 show any derivative or option exercises by Lightheart?
No derivative or option exercises are shown in this Form 4. All reported activity involves non-derivative common stock, with open-market purchases and a separate entry reflecting shares held indirectly through the ESOP.