Riverview Bancorp (NASDAQ: RVSB) credit chief adds 1,000 shares
Rhea-AI Filing Summary
RIVERVIEW BANCORP INC (RVSB) reported that executive vice president and chief credit officer Robert Benke purchased 1,000 shares of common stock on 2026-08-20 at $5.05 per share in an open-market or private transaction. Following this trade, he directly owns 48,975 shares, which includes 8,731 shares held in the Riverview 401(k) Plan, and he also has an indirect interest in 5,328 shares held by the ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Benke Robert
Role
EVP/CCO
Bought
1,000 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 1,000 | $5.05 | $5K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,975 shares (Direct);
Common Stock — 5,328 shares (Indirect, Shares held by the ESOP)
Footnotes (1)
- F1. Includes 8,731 shares owned in the Riverview 401(k) Plan.
Key Figures
Shares purchased: 1,000 shares of Common Stock
Purchase price per share: $5.05 per share
Direct holdings after transaction: 48,975 shares
+3 more
6 metrics
Shares purchased
1,000 shares of Common Stock
Purchase on 2026-08-20 by Robert Benke
Purchase price per share
$5.05 per share
Open-market or private transaction on 2026-08-20
Direct holdings after transaction
48,975 shares
Common Stock directly owned by Robert Benke after purchase
401(k) Plan shares included in direct holdings
8,731 shares
Shares owned in the Riverview 401(k) Plan included in direct total
Indirect ESOP holdings
5,328 shares
Common Stock held indirectly as "Shares held by the ESOP"
Net shares bought
1,000 shares
Net-buy direction from transaction summary
Key Terms
ESOP, Riverview 401(k) Plan, open market or private transaction
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.
Riverview 401(k) Plan financial
"Includes 8,731 shares owned in the Riverview 401(k) Plan."
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
What insider transaction did RVSB executive Robert Benke report?
Robert Benke reported a purchase of 1,000 RVSB common shares on 2026-08-20 in an open-market or private transaction at $5.05 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.