Riverview Bancorp (RVSB) CFO David Lam Buys 1,000 Shares

What Happened

• David Lam (listed on the filing as Lam David), EVP and CFO of Riverview Bancorp, purchased 1,000 shares on August 17, 2026 at $5.17 per share, for a total cost of $5,170. The transaction is reported as a purchase (code P), indicating an acquisition rather than a sale.

Key Details

• Transaction date: 2026-08-17; Filing date (Form 4): 2026-08-18 (timely).
• Price and amount: 1,000 shares at $5.17 each; total value $5,170.
• Transaction type: Purchase (open-market or private purchase as reported).
• Shares owned after transaction: Not specified in the provided summary. Footnote F1 states holdings include 13,455 shares held in the Riverview 401(k) Plan.
• No indication of a 10b5-1 plan, option exercise, gift, or tax withholding in this filing.

Context

• Insider purchases can be a positive signal, but this is a relatively small ($5.2k) buy and may represent routine personal investing rather than a material vote of confidence. The filing was submitted promptly the next day, suggesting routine disclosure compliance.