Form 4: Riverview Bancorp EVP/CCO Robert Benke Increases Stake with $24,400 Purchase

Robert Benke, EVP/CCO of Riverview Bancorp, recently acquired 4,000 shares of common stock at $6.10 per share, increasing his total holdings.

Summary

• On May 19, 2025, Robert Benke, the EVP/CCO of Riverview Bancorp, purchased 4,000 shares of the company's common stock.
• The purchase price was $6.10 per share.
• Following the transaction, Benke directly owns 42,091 shares of common stock.
• Benke also indirectly owns 4,291 shares held by the ESOP and 13,564 shares owned in the Riverview 401(k) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An insider purchase generally indicates confidence, but the amount is relatively small and may not be highly significant.

Positives

• An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally viewed more favorably than sales.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring transparency in stock ownership changes.
• Monitoring insider trading activity is a common practice among investors to gauge sentiment and potential future performance; comparing Benke's transactions to those of other executives in similar-sized banks could provide additional context.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Riverview Bancorp, RVSB, Robert Benke, EVP/CCO, stock purchase, Form 4, insider trading, beneficial ownership, ESOP, 401(k)