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Riverview Bancorp Executive Compensation (FY26)

RVSB · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
B. Nicole Sherman
Latest say-on-pay support
=
August 27, 2026
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Data as of October 22, 2026Latest filing (8-K): September 2, 2026
14 filings cited on this page
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148 figures on this page: 136 cited to the filing that reported them, 12 calculated from figures it prints. See the citations

More on Riverview Bancorp

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — B. Nicole Sherman: $1,481,716 → $527,653 (64.4% lower)
Say-on-pay support: 63.3% → 63.9% (0.6 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Riverview Bancorp's chief executive and what were they paid?
B. Nicole Sherman, President and Chief Executive Officer, received $527,653 in total compensation for fiscal 2026. Sherman's total moved 64.4% lower from the $1,481,716 reported for fiscal 2025.
What was Riverview Bancorp's say-on-pay result?
For fiscal 2026, shareholders backed the say-on-pay proposal with 63.9% of votes cast for or against in favor at the meeting held August 27, 2026.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Lycklama
President and Chief
◇—◇—◇◇◇◇
Kim Capeloto
Former Executive Vice
Departed during or after this year
◇————◇◇◇
David Lam
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Christopher Cline
President and Chief Executive
◇———◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
C. Evan Sowers
President and Chief Executive Officer of Riverview Trust Company
◇—◇—◇—◇— not reconciled
Daniel Cox
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
B. Nicole Sherman
President and Chief Executive Officer
◇◇◇—◇—◇◇
C. Evan Sowers
President and Chief Executive Officer of Riverview Trust Company
◇—◇—◇—◇◇
Daniel D. Cox
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
B. Nicole Sherman
President and Chief Executive Officer
◇—◇———◇◇
C. Evan Sowers
President and Chief Executive Officer of Riverview Trust Company
◇—◇—◇—◇◇
Daniel Cox
Executive Vice President and Chief Operating Officer
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
B. Nicole ShermanPRSU——————◇
C. Evan SowersPRSU——————◇
Daniel D. CoxPRSU——————◇
Fiscal 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
C. SowersPSU◇◇——
Daniel CoxPSU◇◇——
B. ShermanPSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
B. Nicole Sherman
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
C. Evan Sowers
President and Chief Executive Officer of Riverview Trust Company · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gerald L. Nies
Board chair
◇—————◇
Stacey A. Graham
◇—————◇
Patricia W. Eby
◇—————◇
Larry A. Hoff
◇—————◇
Bess R. Wills
◇—————◇
Valerie Moreno
◇—————◇
Bradley J. Carlson
◇—————◇
B. Nicole Sherman, Kourosh N. Zamanizadeh and Jon L. Girod served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Total board retainer◇
Board chair premium◇
Board meeting fee◇
Committee meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 27, 2026=◇◇◇
2025August 28, 2025=◇◇◇
2024August 28, 2024=◇◇◇
2023August 28, 2024=◇◇◇
2022August 23, 2023=◇◇◇
2021August 24, 2022=◇◇◇
2020August 25, 2021=◇◇◇
2019August 26, 2020=◇◇◇
2018July 24, 2019=◇◇◇
2017July 25, 2018=◇◇◇
2016July 26, 2017=◇◇◇
2015July 27, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- B. Nicole Sherman (President and Chief Executive Officer), FY2026 total compensation $527,653 (base salary $430,461) [exec_comp, SEC accession 0001041368-26-000012, filed 2026-07-17]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

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What this page does not include

Everything above is a fact Riverview Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Riverview Bancorp recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
148 figures on this page: 136 cited to the filing that reported them, 12 calculated from figures it prints.
136 cited to the filing
12 calculated from the filing

Documents cited

  1. 0000939057-26-000222
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001041368-26-000012
    E XECUTIVE COMPENSATION · MEETINGS AND COMMITTEES OF THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE MATTERS · Outstanding Equity Awards · Summary Compensation Table
  3. 0000939057-25-000252
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000939057-25-000168
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0000939057-24-000249
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000939057-23-000263
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000939057-22-000269
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000939057-22-000186
  9. 0000939057-21-000268
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000939057-20-000355
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000939057-19-000286
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000939057-18-000377
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000939057-17-000329
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000939057-16-000938
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Riverview Bancorp executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/RVSB (accessed 2026).
Short form: data: Velarion

The paid brief for Riverview Bancorp

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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