secwatch.observer — SEC 8-K summary
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Issuer:     River Financial Corp (RVRF)
CIK:        0001641601
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000950170-25-023868
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

River Financial adopts 2025 Incentive Stock Comp Plan, grants 101k restricted shares to executives and employees
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- Board adopted 2025 Incentive Stock Compensation Plan, subject to shareholder approval at May 2025 annual meeting.
- CEO Jimmy Stubbs granted 20,000 restricted shares vesting over 5 years; President Ray Smith granted 10,000 shares vesting over 3 years.
- Additional 61,000 restricted shares granted to 63 other employees and officers; plan authorizes up to 500,000 shares.
- Plan includes options, SARs, restricted stock, RSUs; no immediate financial impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641601/000095017025023868/0000950170-25-023868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641601/000095017025023868/ck0001641601-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-023868

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