[Form 4] Riverview Bancorp Inc Insider Trading Activity

Rhea-AI Filing Summary

Nicole Sherman, President/CEO and a director of Riverview Bancorp Inc (RVSB), reported an insider purchase on the Form 4 filed for transactions on 08/26/2025. The filing shows a purchase (Code P) of 1,475 shares of Riverview common stock at a price of $5.04 per share.

After this transaction, Ms. Sherman beneficially owns 161,991 shares, reported as direct ownership. The Form 4 is signed and dated 08/26/2025.

Positive

• Insider purchase disclosed with transaction code P indicating a purchase
• Transaction details are complete: 1,475 shares at $5.04 per share
• Reporting person identified with roles as President/CEO and Director
• Post-transaction beneficial ownership reported: 161,991 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchase by the CEO/Director is disclosed: 1,475 shares bought at $5.04, increasing direct holdings to 161,991 shares.

The report documents a straightforward open-market purchase by a named executive. Such purchases are commonly reviewed by investors as a signal of the insider acquiring additional equity, but the filing does not provide context on size relative to total outstanding shares or any planned schedule. The transaction is recorded as a direct purchase and properly reported on Form 4 with signature date matching the transaction date.

Corporate Governance Expert

TL;DR: CEO and director filed a Form 4 for a direct purchase of company stock; disclosure appears complete and timely on its face.

From a governance perspective, the filing identifies the reporting persons roles as both President/CEO and director and documents the transaction details: purchase code, share count, price, and post-transaction beneficial ownership. The Form 4 includes the reporting person's signature and date, meeting basic Section 16 disclosure requirements. The filing does not include any 10b5-1 plan indication, so no affirmative defense is claimed on the form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sherman Nicole

(Last) (First) (Middle)

900 WASHINGTON STREET

SUITE 900

(Street)

VANCOUVER WA 98660

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RIVERVIEW BANCORP INC [ RVSB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President/CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		P		1,475	A	$5.04	161,991	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Nicole Sherman	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Nicole Sherman report for RVSB?

The Form 4 reports a purchase of 1,475 shares of Riverview Bancorp Inc common stock on 08/26/2025 at $5.04 per share.

What positions does the reporting person hold at RVSB?

The filing lists Nicole Sherman as both President/CEO and a Director of Riverview Bancorp Inc.

How many RVSB shares does Nicole Sherman own after the transaction?

Following the reported purchase, she beneficially owns 161,991 shares, reported as direct ownership.

When was the Form 4 signed and dated?

The Form 4 is signed by Nicole Sherman and dated 08/26/2025.

Did the Form 4 indicate a 10b5-1 trading plan was used?

No; the filing does not indicate that the transaction was made pursuant to a 10b5-1 plan.