Riverview Bancorp (RVSB) EVP Charmaine Lightheart purchases 250 shares at $5.309
Rhea-AI Filing Summary
Riverview Bancorp Inc. executive Charmaine Lightheart (EVP/CRDEO) purchased 250 shares of common stock on 2026-08-12 in an open-market or private transaction at $5.309 per share. Following this transaction, Lightheart directly holds 8,766 shares and indirectly holds 445 shares through shares held by the ESOP. The filing’s Rule 10b5-1 checkbox was not marked as a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250 shares
Net Buy
2 txns
Insider
Lightheart Charmaine
Role
EVP/CRDEO
Bought
250 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 250 | $5.309 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,766 shares (Direct);
Common Stock — 445 shares (Indirect, Shares held by the ESOP)
Key Figures
Shares purchased: 250 shares
Purchase price per share: $5.309
Direct holdings after transaction: 8,766 shares
+1 more
4 metrics
Shares purchased
250 shares
Common stock bought on 2026-08-12 in open-market or private transaction
Purchase price per share
$5.309
Price per share for the 250-share purchase on 2026-08-12
Direct holdings after transaction
8,766 shares
Total directly owned RVSB common shares following the purchase
Indirect ESOP holdings
445 shares
Shares held indirectly, described as shares held by the ESOP
Key Terms
open market or private transaction, Rule 10b5-1, ESOP
3 terms
open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
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.
FAQ
What insider transaction did RVSB executive Charmaine Lightheart report?
Charmaine Lightheart reported a purchase of 250 RVSB common shares on 2026-08-12 at $5.309 per share. This was an open-market or private transaction and increased her direct ownership to 8,766 shares.
Does the RVSB Form 4 indicate a Rule 10b5-1 trading plan for this insider trade?
The Form 4’s Rule 10b5-1 checkbox is not marked as a trading plan, indicating the 250-share purchase on 2026-08-12 was not affirmed as executed under a pre-arranged Rule 10b5-1 trading plan.
What indirect RVSB holdings does Charmaine Lightheart report?
Charmaine Lightheart reports 445 RVSB shares held indirectly, described as shares held by the ESOP. These are reported separately from her 8,766 directly held shares of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
