RIVERVIEW BANCORP INC 8-K

What Happened

• Riverview Bancorp, Inc. (and its bank subsidiary Riverview Bank) filed an 8-K reporting that on March 30, 2026 their Boards appointed Jon Girod and Kourosh Zamanizadeh as directors. The appointments were recommended by the Company’s Nominating and Governance Committee.
• The Board also amended the Company’s Bylaws to increase the total number of directors from eight (8) to ten (10). The Company attached an amended and restated Bylaws document and a press release dated April 2, 2026 as exhibits to the filing.

Key Details

• Appointment date: March 30, 2026; press release dated April 2, 2026 (Exhibit 99.1).
• Board size changed from 8 to 10 members; amended Bylaws filed (Exhibit 3.2).
• Neither new director was assigned to any Board committees at appointment.
• Company disclosed no family relationships or related-party transactions involving the new directors.

Why It Matters

• These actions change the company’s governance structure by expanding the board and adding two directors, which can affect oversight, board votes and future committee composition.
• For investors, the filing provides transparency on board composition and independence—no related-party transactions or family ties were reported—information that can be relevant when assessing governance quality and potential upcoming strategic decisions.