Manulife Investment Management (US) boosts disclosure of 5.24% Riverview Bancorp (RVSB) stake
Rhea-AI Filing Summary
Manulife Financial Corporation and its indirect, wholly owned subsidiary Manulife Investment Management (US) LLC reported their ownership of Riverview Bancorp Inc. common stock in an amended Schedule 13G filing. Manulife Investment Management (US) LLC holds 5.24% of Riverview’s common stock and has sole voting and dispositive power over these shares. Manulife Financial Corporation may be deemed to beneficially own the same shares through its parent-subsidiary relationship but reports no direct voting or dispositive power.
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Key Figures
Beneficial ownership percentage: 5.24%
Shares outstanding: 20,284,946 shares
MFC sole voting power: 0
3 metrics
Beneficial ownership percentage
5.24%
Portion of Riverview Bancorp common stock held by Manulife Investment Management (US) LLC
Shares outstanding
20,284,946 shares
Riverview Bancorp common stock outstanding as of June 12, 2026
MFC sole voting power
0
Sole voting power over Riverview Bancorp shares reported for Manulife Financial Corporation
Key Terms
beneficial ownership, sole voting power, dispositive power, parent-subsidiary relationship, +1 more
5 terms
beneficial ownership financial
"MIM (US) has beneficial ownership of shares of Common Stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole voting power financial
"Sole Voting Power 1,062,090.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 1,062,090.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent-subsidiary relationship financial
"Through its parent-subsidiary relationship to MIM (US), MFC may be deemed"
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
How much of Riverview Bancorp Inc (RVSB) does Manulife Investment Management (US) LLC own?
Manulife Investment Management (US) LLC holds 5.24% of Riverview Bancorp Inc.’s common stock. This percentage is based on 20,284,946 shares outstanding as of June 12, 2026, according to Riverview’s Form 10-K.
What is the relationship between Manulife Financial Corporation and Manulife Investment Management (US) LLC in the RVSB filing?
Manulife Investment Management (US) LLC is an indirect, wholly owned subsidiary of Manulife Financial Corporation. Because of this parent-subsidiary relationship, Manulife Financial Corporation may be deemed to beneficially own the same Riverview Bancorp shares.
Does Manulife Financial Corporation have voting power over Riverview Bancorp Inc (RVSB) shares?
Manulife Financial Corporation reports 0 sole and shared voting power over Riverview Bancorp shares. Voting and dispositive authority over the reported holdings resides with Manulife Investment Management (US) LLC, which has sole voting and sole dispositive power over its position.
What type of SEC filing did Manulife submit regarding Riverview Bancorp Inc (RVSB)?
Manulife Financial Corporation and Manulife Investment Management (US) LLC submitted Amendment No. 5 to Schedule 13G. This form reports beneficial ownership of Riverview Bancorp common stock and updates prior ownership disclosures without indicating an activist intent.
AI-generated analysis. How Rhea-AI works. Not financial advice.