Gerald Lee Nies, a director at Riverview Bancorp Inc, sells $265,026 of stock
The director sold at an average of $6.14 a share, according to a Form 4 filed with the SEC on Nov 5.
Gerald Lee Nies, a director of Riverview Bancorp Inc (RVSB), sold 43,170 shares between Nov 3 and Nov 4 at an average price of $6.14, a total of $265,026, according to a Form 4 filed with the SEC on Nov 5.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. After the trade, the filing lists 147,522 shares held.
The trade was reported within two business days, as Section 16 requires.
Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.
| Company | Riverview Bancorp Inc (RVSB) |
|---|---|
| Insider | Gerald Lee Nies |
| Role | Director |
| Transaction | Open-market sale (code S) |
| Shares | 43,170 |
| Average price | $6.14 |
| Value | $265,026 |
| Trade dates | Nov 3 to Nov 4, 2026 |
| Filed with the SEC | Nov 5, 2026, 5:18 PM ET |
| Shares held after | 147,522 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
