v3.25.2
Pay vs Performance Disclosure - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2025
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table    

    

    

    

    

    

    

    

    

    

Value of 

    

Initial Fixed 

Average 

$100 

Summary 

Summary 

Summary 

Summary 

Average

Investment 

Compensation 

Compensation 

Compensation 

Compensation 

Compensation

Compensation 

Compensation

Compensation 

Based on 

Table 

Actually 

Table 

Actually 

Table 

Actually 

Table 

Actually

Total 

Total for 

Paid to 

Total for 

Paid to 

Total for

Paid to 

Total for 

 Paid to

Shareholder 

PEO #1 

PEO #1 

PEO #2 

PEO #2

PEO #3 

PEO #3 

Non-PEO

Non-PEO 

Return 

Year

($)(1)

($)(2)

($)(1)

($)(2)

($)(1)

($)(1)

NEOs ($)(1)

NEOs ($)(2)

($)(3)

Net Income ($)

2025

 

1,481,716

 

1,609,280

 

458,684

 

483,033

 

 

 

442,332

 

459,921

 

(17.3)

 

4,903,000

2024

 

 

 

403,949

 

382,111

 

264,775

 

264,775

 

380,390

 

362,957

 

(22.0)

 

3,799,000

2023

 

 

 

 

 

922,466

 

620,953

 

406,203

 

340,870

 

(17.7)

 

18,069,000

(1)

During the year ended March 31, 2025, B. Nicole Sherman (PEO #1) and Daniel D. Cox (PEO #2) each served as our principal executive officer (“PEO”). During the year ended March 31, 2024, Daniel D. Cox (PEO #2) and Kevin J. Lycklama (PEO #3) each served as our PEO. For 2023, Kevin J. Lycklama (PEO #3) served as our PEO. The non-PEO named executive officers (non-PEO NEOs) for 2025 are Daniel D. Cox and C. Evan Sowers, for 2024 are C. Evan Sowers and David Lam, and for 2023 are Daniel D. Cox and David Lam.

(2)

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by Riverview’s NEOs. These amounts reflect the Summary Compensation Table totals with certain adjustments. Adjustments for 2025 are as follows:

    

    

    

Average of 

Non-PEO 

PEO #1 ($)

PEO #2 ($)

NEOs ($)

Summary Compensation Table total

 

1,481,716

 

458,684

 

442,332

Deduction for amounts reported under the Stock Awards column in the Summary Compensation Table

 

896,060

 

63,861

 

55,146

Year-end value of equity awards granted during year that remain unvested as of year‑end

 

878,948

 

62,642

 

54,093

Year over year change in fair value of outstanding and unvested equity awards

 

144,676

 

19,380

 

15,875

Year over year change in fair value of equity awards granted in prior years and vested in the year

 

 

6,188

 

2,767

Compensation Actually Paid

 

1,609,280

 

483,033

 

459,921

(3)

Total Shareholder Return assumes $100 invested on March 31, 2022, with all dividends reinvested.

   
Named Executive Officers, Footnote    

(1)

During the year ended March 31, 2025, B. Nicole Sherman (PEO #1) and Daniel D. Cox (PEO #2) each served as our principal executive officer (“PEO”). During the year ended March 31, 2024, Daniel D. Cox (PEO #2) and Kevin J. Lycklama (PEO #3) each served as our PEO. For 2023, Kevin J. Lycklama (PEO #3) served as our PEO. The non-PEO named executive officers (non-PEO NEOs) for 2025 are Daniel D. Cox and C. Evan Sowers, for 2024 are C. Evan Sowers and David Lam, and for 2023 are Daniel D. Cox and David Lam.

   
Adjustment To PEO Compensation, Footnote    

(2)

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by Riverview’s NEOs. These amounts reflect the Summary Compensation Table totals with certain adjustments. Adjustments for 2025 are as follows:

    

    

    

Average of 

Non-PEO 

PEO #1 ($)

PEO #2 ($)

NEOs ($)

Summary Compensation Table total

 

1,481,716

 

458,684

 

442,332

Deduction for amounts reported under the Stock Awards column in the Summary Compensation Table

 

896,060

 

63,861

 

55,146

Year-end value of equity awards granted during year that remain unvested as of year‑end

 

878,948

 

62,642

 

54,093

Year over year change in fair value of outstanding and unvested equity awards

 

144,676

 

19,380

 

15,875

Year over year change in fair value of equity awards granted in prior years and vested in the year

 

 

6,188

 

2,767

Compensation Actually Paid

 

1,609,280

 

483,033

 

459,921

   
Non-PEO NEO Average Total Compensation Amount     $ 442,332 $ 380,390 $ 406,203
Non-PEO NEO Average Compensation Actually Paid Amount     $ 459,921 362,957 340,870
Adjustment to Non-PEO NEO Compensation Footnote    

(2)

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by Riverview’s NEOs. These amounts reflect the Summary Compensation Table totals with certain adjustments. Adjustments for 2025 are as follows:

    

    

    

Average of 

Non-PEO 

PEO #1 ($)

PEO #2 ($)

NEOs ($)

Summary Compensation Table total

 

1,481,716

 

458,684

 

442,332

Deduction for amounts reported under the Stock Awards column in the Summary Compensation Table

 

896,060

 

63,861

 

55,146

Year-end value of equity awards granted during year that remain unvested as of year‑end

 

878,948

 

62,642

 

54,093

Year over year change in fair value of outstanding and unvested equity awards

 

144,676

 

19,380

 

15,875

Year over year change in fair value of equity awards granted in prior years and vested in the year

 

 

6,188

 

2,767

Compensation Actually Paid

 

1,609,280

 

483,033

 

459,921

   
Compensation Actually Paid vs. Total Shareholder Return    

Graphic

   
Compensation Actually Paid vs. Net Income    

Graphic

   
Total Shareholder Return Amount     $ (17.3) (22) (17.7)
Net Income (Loss)     4,903,000 3,799,000 18,069,000
PEO Name Daniel D. Cox B. Nicole Sherman      
B. Nicole Sherman (PEO #1)          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     1,481,716    
PEO Actually Paid Compensation Amount     1,609,280    
Daniel D. Cox (PEO #2)          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     458,684 403,949  
PEO Actually Paid Compensation Amount     483,033 382,111  
Kevin J. Lycklama (PEO #3)          
Pay vs Performance Disclosure          
PEO Total Compensation Amount       264,775 922,466
PEO Actually Paid Compensation Amount       $ 264,775 $ 620,953
PEO | B. Nicole Sherman (PEO #1) | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (896,060)    
PEO | B. Nicole Sherman (PEO #1) | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     878,948    
PEO | B. Nicole Sherman (PEO #1) | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     144,676    
PEO | Daniel D. Cox (PEO #2) | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (63,861)    
PEO | Daniel D. Cox (PEO #2) | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     62,642    
PEO | Daniel D. Cox (PEO #2) | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     19,380    
PEO | Daniel D. Cox (PEO #2) | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     6,188    
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (55,146)    
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     54,093    
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     15,875    
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     $ 2,767