RVSB Director Zamanizadeh Kourosh Nasser Buys 3,600 Shares

What Happened

• Zamanizadeh Kourosh Nasser, a director of Riverview Bancorp, purchased a total of 3,600 shares of RVSB in two open-market transactions on September 14, 2026. The purchases were: 1,800 shares at $5.36 ($9,648) and 1,800 shares at $5.39 ($9,711), for a combined cash outlay of approximately $19,359. The transactions are reported as purchases (code P).

Key Details

• Transaction dates: 2026-09-14 (reported on Form 4 filed 2026-09-15)
• Trades: 1,800 shares @ $5.36 ($9,648); 1,800 shares @ $5.39 ($9,711)
• Total shares acquired: 3,600; total value: ~$19,359
• Transaction type: Open-market purchases (Code P)
• Shares owned after transaction: Not disclosed in the filing
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes noted in the filing
• Timeliness: Form 4 was filed the next day (appears timely)

Context

• Open-market purchases by directors are often viewed as a positive signal because insiders are using personal funds to buy stock, but a single small purchase (here ~ $19k) should not be overinterpreted. This filing is a straightforward purchase report — no options exercised, gifts, or immediate sales were noted.