Form 4: Riverview Bancorp EVP/COO Daniel Cox Boosts Stake with Recent Stock Purchase

Riverview Bancorp's Executive Vice President and Chief Operating Officer, Daniel D. Cox, has increased his direct ownership in the company by acquiring 560 shares of common stock.

Summary

• Daniel D. Cox, Executive Vice President and Chief Operating Officer of Riverview Bancorp Inc. (RVSB), purchased 560 shares of the company's common stock.
• The transaction occurred on June 4, 2025, at a price of $5.3491 per share.
• Following this acquisition, Mr. Cox directly owns 68,964 shares of common stock, which includes 10,373 shares held in the Riverview 401(k) Plan.
• Additionally, Mr. Cox indirectly owns 7,262 shares held by the ESOP (Employee Stock Ownership Plan).
• His total beneficial ownership after the transaction is 76,226 shares (68,964 direct + 7,262 indirect).

Sentiment

Score: 8

Explanation: An insider purchase by a key executive is a strong positive signal, indicating confidence in the company's prospects and potentially its undervaluation.

Positives

• The purchase of 560 shares by a key executive, Daniel D. Cox (EVP/COO), signals management's confidence in the company's future prospects and valuation.
• An increase in insider ownership aligns management's interests more closely with those of shareholders.

Negatives

• None identified in this Form 4 filing, which reports an insider purchase.

Risks

• This Form 4 filing primarily reports an insider transaction and does not detail specific company risks.

Future Outlook

This Form 4 filing reports a past transaction and does not provide forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details an individual insider transaction for Riverview Bancorp and does not provide broader industry context or trends.

Comparison to Industry Standards

• This Form 4 filing reports a specific insider transaction and does not contain information for comparison to global benchmarks or specific comparable companies/projects.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value, potentially boosting investor confidence.
• Employees might perceive this as a sign of stability and positive future prospects for the company.

Next Steps

• This Form 4 filing reports a completed transaction and does not outline specific future actions, events, or milestones for the company.

Key Dates

Recommendation

Keywords

Riverview Bancorp, RVSB, Insider Trading, Form 4, Stock Purchase, Executive Ownership, Daniel D. Cox, EVP/COO, Common Stock