Gerald Lee Nies sold $265K of Riverview Bancorp stock
By AlphaYouPublished Form 4
NIES GERALD LEE
Reporting filer
Gerald Lee Nies reported selling 43,170 shares of Riverview Bancorp Inc for about $265K ($6.14 a share on average). Form 4 filed Nov 5, 2026 lists 2 entries.
See the price move since this trade →
- Disclosed
- Nov 5, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | NIES GERALD LEE | 2026-11-03 | S | Sale | 25169 | 6.1312 | 165,523 | 2 days | Filed terms
|
| Common Stock | NIES GERALD LEE | 2026-11-04 | S | Sale | 18001 | 6.1502 | 147,522 | 1 day | Filed terms
|
Common Stock
- Owner
- NIES GERALD LEE
- Date
- 2026-11-03
- Code
- S
- Action
- Sale
- Quantity
- 25169
- Price
- 6.1312
- Following holdings
- 165,523
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-03
- transaction Form Type: 4
- transaction Code: S
- equity Swap Involved: 0
- transaction Shares: 25169
- id: F1
- transaction Price Per Share: 6.1312
- id: F2
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 165523
- direct Or Indirect Ownership: D
- nature Of Ownership:
Common Stock
- Owner
- NIES GERALD LEE
- Date
- 2026-11-04
- Code
- S
- Action
- Sale
- Quantity
- 18001
- Price
- 6.1502
- Following holdings
- 147,522
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-04
- transaction Form Type: 4
- transaction Code: S
- equity Swap Involved: 0
- transaction Shares: 18001
- id: F1
- transaction Price Per Share: 6.1502
- id: F3
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 147522
- direct Or Indirect Ownership: D
- nature Of Ownership:
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- NIES GERALD LEE: Director.
- F1: The shares reported on this Form 4 were sold by the Reporting Person during an open trading window under the Issuer's Insider Trading Policy, following pre-clearance by the Issuer, to fund a required minimum distribution and general retirement from the Reporting Person's personal retirement account, in accordance with the Reporting Person's personal retirement planning. The sale was made for personal financial reasons and does not reflect any concern regarding, or change in the Reporting Person's view of, the Issuer's business, financial condition, or prospects. Following the sale, the Reporting Person continues to hold 147,522 shares of the Issuer's common stock and remains in compliance with the Issuer's director stock ownership guidelines.
- F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.1300 to $6.1315, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.1313 to $6.2001, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
Original sources
Prepared automatically from public filing data. Report a correction.