Wills Bessie Ross 4
Research Summary
AI-generated summary
Riverview Bancorp (RVSB) Director Bessie Ross Buys 3,000 Shares
What Happened
Bessie Ross, a director of Riverview Bancorp, acquired a total of 3,000 shares in open-market purchases on February 18, 2026. The buys were: 2,539 shares at $5.39 ($13,685), 200 shares at $5.37 ($1,074), and 261 shares at $5.37 ($1,402), for a combined outlay of about $16,161. These were purchases (acquisitions), which are often viewed as a more informative insider signal than routine sales.
Key Details
- Transaction date: February 18, 2026 (reported on Form 4 filed Feb 20, 2026)
- Trades:
- 2,539 shares @ $5.39 = $13,685
- 200 shares @ $5.37 = $1,074
- 261 shares @ $5.37 = $1,402
- Total: 3,000 shares ≈ $16,161
- Shares owned after transaction: Not specified in the provided filing
- Footnote: F1 — shares are beneficially owned jointly with spouse
- Filing timeliness: Report filed Feb 20, 2026 for a Feb 18 transaction; filing shows no late-filing flag in the provided data
Context
These were open-market purchases (transaction code P). Purchases by directors can indicate personal investment in the company, but filings do not state the insider’s motive. The footnote indicates joint beneficial ownership with a spouse, which affects how ownership is reported but not the nature of the transaction.