RVSB · Riverview Bancorp Inc

Includes 8,731 shares owned in the Riverview 401(k) Plan.

Includes 13,455 shares owned in the Riverview 401(k) Plan.

Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein.

Nierenberg Investment Management Company ("NIMCO") is the sole general partner of The D3 Family Fund, LP and The D3 Family Bulldog Fund, LP, and the sole investment manager of Haredale Ltd. (collectively, the "Funds"). Damon Benedict is the president of NIMCO. By virtue of these relationships, each of the Reporting Persons may be deemed to beneficially own the securities owned directly by the Funds.

Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein.

Nierenberg Investment Management Company ("NIMCO") is the sole general partner of The D3 Family Fund, LP and The D3 Family Bulldog Fund, LP, and the sole investment manager of Haredale Ltd. (collectively, the "Funds"). Damon Benedict is the president of NIMCO. By virtue of these relationships, each of the Reporting Persons may be deemed to beneficially own the securities owned directly by the Funds.

Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein.

Nierenberg Investment Management Company ("NIMCO") is the sole general partner of The D3 Family Fund, LP and The D3 Family Bulldog Fund, LP, and the sole investment manager of Haredale Ltd. (collectively, the "Funds"). Damon Benedict is the president of NIMCO. By virtue of these relationships, each of the Reporting Persons may be deemed to beneficially own the securities owned directly by the Funds.

Represents the weighted average purchase price. Full information regarding the number of shares purchased at each price shall be provided to the Securities and Exchange Commission staff (the "Staff"), Issuer, or a security holder of Issuer, upon request.

Includes 8,740 shares owned in the Riverview 401(k) Plan.

Includes 6,684 shares owned in the Riverview 401(k) Plan.

Shares beneficially owned jointly with spouse.

Shares beneficially owned jointly with spouse.

Shares beneficially owned jointly with spouse.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

Includes 13,501 shares owned in the Riverview 401(k) Plan.

Reporting Person was granted an award of performance based restricted stock covering a target of 24,757 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.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

Reporting Person was granted an award of performance based restricted stock covering a target of 7,743 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.

Includes 13,501 shares owned in the Riverview 401(k) Plan.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, August 1, 2028.

Includes 8,760 shares owned in the Riverview 401(k) Plan.

Reporting Person was granted an award of performance based restricted stock covering a target of 9,757 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.

Includes 6,700 shares owned in the Riverview 401(k) Plan.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

Includes 6,700 shares owned in the Riverview 401(k) Plan.

Reporting Person was granted an award of performance based restricted stock covering a target of 7,200 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.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 1, 2026, August 1, 2027, and August 1, 2028.

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.

Reporting Person was granted an award of performance based restricted stock covering a target of 7,200 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.

Includes 8,760 shares owned in the Riverview 401(k) Plan.

Reporting Person was granted an award of performance based restricted stock covering a target of 6553 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.

Includes 13,501 shares owned in the Riverview 401(k) Plan.

Includes 8,760 shares owned in the Riverview 401(k) Plan.

Includes 10,373 shares owned in the Riverview 401(k) Plan.

Includes 13,564 shares owned in the Riverview 401(k) Plan.

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 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 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.