RIVERVIEW BANCORP INC — Director's Dealing 2022

Nov 1, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RIVERVIEW BANCORP INC (RVSB)
CIK: 0001041368
Period of Report: 2022-10-27

Reporting Person: Friedman Martin S. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock		Direct
Common Stock		Indirect

Footnotes

F1: Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF") and sub-investment adviser to Bridge Equities XI, LLC ("Bridge"), each of which beneficially owns 1,936,721 and 236,848 shares (collectively, the "Shares") of the common stock of Riverview Bancorp, Inc. (the "Issuer"), respectively. On October 28, 2022, the Issuer filed its second quarter earnings release. Upon review of the release, FJ Capital discovered that the Issuer had completed a stock repurchase which resulted in FJ Capital's beneficial ownership of the shares of the Issuer exceeding the 10% beneficial ownership threshold for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16").

F2: The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power of the Shares held by FOF and voting power of the Shares held by Bridge. As such, the Reporting Person may be deemed to be a beneficial owner of the Shares reported herein. The Reporting Person disclaims beneficial ownership of the Shares reported herein and this report shall not be deemed an admission of beneficial ownership of such Shares by the Reporting Person for purposes of Section 16 or for any other purpose.