Benke Robert 4
Research Summary
AI-generated summary
Riverview Bancorp (RVSB) EVP Robert Benke Buys 4,000 Shares
What Happened
- Robert Benke, EVP and Chief Credit Officer (CCO) of Riverview Bancorp (RVSB), bought 4,000 shares on 2026-05-08. The reported purchase price was $5.44 per share, for a total cost of $21,760. The Form 4 codes the transaction as a purchase (P) via open market or private purchase.
Key Details
- Transaction date and price: 2026-05-08 at $5.44 per share.
- Shares acquired: 4,000; Total reported value: $21,760.
- Shares owned after transaction: not specified in the filing; footnote notes 8,740 shares are held in the Riverview 401(k) Plan (included in reported ownership).
- Filing date: 2026-05-11 — filed within the Form 4 reporting window (timely).
- Transaction code: P = Purchase (open market or private purchase). No 10b5-1 plan or tax-withholding notes were reported.
Context
- Purchases by executives are often watched as a potential positive signal since insiders are buying stock; filings are factual and do not prove motivation.
- This is a straightforward open-market/private purchase, not an option exercise, gift, or award.