Riverview Bancorp (RVSB) Director Jon Girod Buys 1,000 Shares

What Happened

• Jon Girod, a director of Riverview Bancorp, purchased 1,000 shares of RVSB stock in an open-market transaction on August 3, 2026.
• The shares were acquired at $5.41 per share for a total transaction value of $5,408. This was a straightforward purchase (transaction code P), which investors often view as a bullish signal since an insider added to their holding.

Key Details

• Transaction date: 2026-08-03; Price: $5.41 per share; Total: $5,408.
• Transaction type: Open-market purchase (code P).
• Shares owned after the transaction: not provided in the available filing details.
• Filing: Reported on 2026-08-05 (filed two days after the trade); no late-filing indicator appears in the provided data.
• No footnotes or special conditions (e.g., 10b5-1 plan, tax withholding, gift, or option exercise) were noted in the information provided.

Context

• This was a direct open-market buy of common stock (not an option exercise or gift), meaning the director purchased shares on the market rather than receiving them as compensation.
• The purchase amount is modest ($5.4k); while insider buys can be informative, their significance depends on the insider’s overall holdings and the size of the transaction relative to the company’s market cap.