Riverview Bancorp (RVSB) Form 3 RIVERVIEW BANCORP / Charmaine Lightheart ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lightheart Charmaine

(Last) (First) (Middle)

900 WASHINGTON STREET, SUITE 900

(Street)

VANCOUVER WA 98660

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2025

3. Issuer Name and Ticker or Trading Symbol
RIVERVIEW BANCORP INC [ RVSB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP/CRDEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,474(1)(2)	D
Common Stock	88	I	Shares held by the ESOP

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reporting Person was granted an award of performance based restricted stock covering a target of 1,374 shares. Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on November 9, 2025 and 50% on November 9, 2026, 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, based on whether the Company attains specified levels of the Company's total Earnings Per Share over the period of April 1, 2023 through March 31, 2024. Also, the Reporting Person has 152 shares held directly.

2. In addition, the Reporting Person was granted a second award of performance based restricted stock covering a target of 4,948 shares. Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 10, 2026 and 50% on July 10, 2027, 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, based on whether the Company attains specified levels of the Company's total Earnings Per Share over the period of April 1, 2024 through March 31, 2025.

	/s/ Charmaine Lightheart	01/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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