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RIVERVIEW BANCORP INC — Director's Dealing 2025
Jan 3, 2025
34119_dirs_2025-01-02_ee40175d-d743-4516-8004-558223b0a4de.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RIVERVIEW BANCORP INC (RVSB)
CIK: 0001041368
Period of Report: 2024-12-30
Reporting Person: Benke Robert (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-30 | Common Stock | A | 1389 | — | Acquired | 26980 | Direct |
| 2024-12-30 | Common Stock | A | 2778 | — | Acquired | 29758 | Direct |
| 2024-12-30 | Common Stock | A | 2083 | — | Acquired | 31841 | Direct |
| 2024-12-30 | Common Stock | A | 6250 | — | Acquired | 38091 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4291 | Indirect |
Footnotes
F1: Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on January 3, 2025, August 21, 2025, and August 21, 2026.
F2: Reflects 13,564 shares owned in the Riverview 401(k) Plan.
F3: Reporting Person was granted an award of performance based restricted stock covering a target of 2,778 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on August 21, 2025 and 50% on August 21, 2026, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1, 2023 through March 31, 2024.
F4: Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on July 10, 2025, July 10, 2026, and July 10, 2027.
F5: Reporting Person was granted an award of performance based restricted stock covering a target of 6,250 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 10, 2026 and 50% on July 10, 2027, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1, 2024 through March 31, 2025.