Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 28, 2024

RIVERVIEW BANCORP, INC.

(Exact name of registrant as specified in its charter)

Washington		000-22957		91-1838969
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

900 Washington Street, Suite 900, Vancouver, Washington		98660
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (360) 693-6650

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value of $0.01 per share		RVSB		The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 5.07 Submission of Matters to a Vote of Security Holders

(a)	The Annual Meeting of the Riverview Bancorp, Inc. (the “Company”) was held on August 28, 2024 (“Annual Meeting”).

(b)

There were a total of 21,111,041 shares of the Company’s common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 15,660,249 shares of common stock were represented in person or by proxy, therefore a quorum was present. The following proposal was submitted by the Board of Directors to a vote of stockholders:

Proposal 1. Election of Directors. The following individuals were elected as directors:

	FOR		WITHHELD			BROKER NON-VOTES
	No. of votes	Percentage of shares present	No. of Votes		Percentage of shares present	No. of votes
Stacey A. Graham	14,625,518	93.39		1,034,731	6.61	-
B. Nicole Sherman	15,237,048	97.30		423,201	2.70	-

Based on the votes set forth above, Ms. Graham and Ms. Sherman were duly elected to serve as directors of the Company for a three-year term expiring at the annual meeting of stockholders in 2027 and until their respective successors have been duly elected and qualified.

The terms of Directors Gerald L. Nies, Patricia W. Eby, Bradley J. Carlson, Bess R. Wills, Larry A. Hoff and Valerie Moreno continued.

Proposal 2. An advisory (non-binding) vote to approve our executive compensation. This proposal received the following votes:

For		Percentage of shares present		Against		Percentage of shares present		Abstain		Percentage of shares present		Broker Non-Vote
13,643,172		87.1		1,279,503		8.2		737,574		4.7		-

Based on the votes set forth above, the compensation of the Company’s named executive officers was approved by stockholders.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RIVERVIEW BANCORP, INC.

Date: August 30, 2024	/S/ David Lam
	David Lam
	Executive Vice President and
	Chief Financial Officer
	(Principal Financial Officer)

Document and Entity Information	Aug. 28, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Aug. 28, 2024
Entity File Number	000-22957
Entity Registrant Name	RIVERVIEW BANCORP, INC.
Entity Central Index Key	0001041368
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	91-1838969
Entity Address, Address Line One	900 Washington Street
Entity Address, Address Line Two	Suite 900
Entity Address, City or Town	Vancouver
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98660
City Area Code	360
Local Phone Number	693-6650
Title of 12(b) Security	Common Stock, par value of $0.01 per share
Trading Symbol	RVSB
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false