Martin S. Friedman - 12 Mar 2025 Form 4 Insider Report for RIVERVIEW BANCORP INC (RVSB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Mar 2025, 12:00:13 UTC
Prior SEC filing
03 Mar 2025
Next SEC filing
30 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Martin S. Friedman

Key filing fact

Martin S. Friedman filed Form 4 for RIVERVIEW BANCORP INC (RVSB) on 14 Mar 2025.

Key facts

  • This page summarizes Martin S. Friedman's Form 4 filing for RIVERVIEW BANCORP INC (RVSB).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2025, 12:00.

Change

  • Previous filing in this sequence was filed on 03 Mar 2025.
  • Current net transaction value: -$964,444.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RVSB transaction

Common Stock

Sale

Transaction value
$964,444
Shares
-186,348
Change %
-100%
Price
$5.18
Shares after
0
Date
12 Mar 2025
Ownership
See footnote
Footnotes
F1, F2, F3
RVSB holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,936,721
Date
12 Mar 2025
Ownership
See footnote
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Martin S. Friedman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On March 12, 2025, FJ Capital Management LLC ("FJ Capital") sold 186,348 shares of common stock of the Issuer held by Bridge Equities XI, LLC ("BEXI") (continued in footnote 2).

Footnote F2

(footnote 1 continued) Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital, which is the sub-investment adviser to Bridge Equities XI, LLC ("BEXI") and the managing member and investment adviser to Financial Opportunity Fund LLC ("FOF"). FOF holds 1,936,721 shares of common stock of the Issuer (the "Shares") and BEXI no longer holds Shares. (Continued in footnote 3)

Footnote F3

(footnote 2 continued) Martin S. Friedman, in his capacity as managing member of FJ Capital, has voting and dispositive power over the Shares held by FOF and voting power only over the Shares held by BEXI. The Reporting Person disclaims beneficial ownership of the securities referred to in this Form 4 except to the extent of the Reporting Person's pecuniary interest in such securities, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is, for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this Form 4.

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