September 19, 2025 · Form 4 insider transaction
Sowers Courtney Evan bought 10,194 shares of RIVERVIEW BANCORP INC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 80 days after the transaction.
Reporting Person was granted an award of performance based restricted stock covering a target of 10,194 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on August 1, 2027, and 50% on August 1, 2028, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1, 2025, through March 31, 2026.