How Sherman was paid
$527,653 in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| B. Nicole ShermanPresident and Chief Executive Officer | $430,461 | $42,498 | — | $54,694 | $527,653 |
| Daniel D. CoxExecutive Vice President and Chief Operating Officer | $339,304 | $33,501 | — | $22,403 | $395,208 |
| C. Evan SowersPresident and Chief Executive Officer of Riverview Trust Company | $354,497 | $34,999 | $44,864 | $22,735 | $457,095 |
What changed and why
- $528K$527,653 was CEO total compensation in 2026, compared with $1,481,716 in 2025.
- Bank executives elected to forgo personal-goal incentive payouts because corporate goals were not met.
- $44,864$44,864 was Sowers’s incentive compensation tied to Riverview Trust Company pre-tax income.
- Earnings per share performance goals were not met, so fiscal 2026 performance shares were forfeited.
- 40%CEO incentive opportunities may reach 40% of salary, versus 30% for executive vice presidents.
- 25,000 shares were contributed to the ESOP for eligible participants in fiscal 2026.
Other Riverview Bancorp proxy statements
- 2025 proxy statement
B. Nicole Sherman paid $1.5M.
Filed Jul 18, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.