Lightheart Charmaine 4
Research Summary
AI-generated summary
Riverview Bancorp (RVSB) EVP Charmaine Lightheart Buys Stock
What Happened
Charmaine Lightheart, Executive Vice President and Chief Retail Deposit & Experience Officer (EVP/CRDEO) of Riverview Bancorp (RVSB), acquired 325 shares on March 5, 2026. The transaction was reported as a purchase (code P) at $5.36 per share, for a total cost of $1,742. This was recorded as an open‑market or private purchase on the Form 4.
Key Details
- Transaction date: 2026-03-05; reported filing date: 2026-03-09 (filed within the 2 business‑day window).
- Price per share: $5.36; shares acquired: 325; total value: $1,742.
- Transaction code: P (purchase) — described as open‑market or private purchase on the Form 4.
- Shares owned after transaction: not specified on the summary provided.
- No footnotes (e.g., 10b5‑1 plan, tax withholding) or derivative exercises were reported in the data provided.
Context
Purchases by company executives can be interpreted as a positive signal, but this purchase is small in dollar terms ($1.7k) and may reflect routine buying. Retail investors should consider this data point alongside other insider activity and company fundamentals.