IF Bancorp EVP disposes shares in $26.40 merger

Accepted by SEC EDGAR 03/13/2026 - 10:52 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

IF Bancorp, Inc. executive Linda L. Hamilton, EVP and COO, reported disposing of common stock in connection with the company’s merger with ServBanc Holdco, Inc. On March 12, 2026, she surrendered 6,000 shares held directly and 4,550 shares held indirectly through an ESOP back to the issuer.

Under the merger agreement, each issued and outstanding share of IF Bancorp common stock was converted into the right to receive $26.40 in cash. Following these dispositions to the issuer, the filing shows Hamilton with no remaining IF Bancorp common stock holdings.

Insider Trade Summary

Disposition: 10,550 shares

Disposition 2 txns

Insider Hamilton Linda L.

Role EVP and COO

Type	Security	Shares	Price	Value
Disposition	Common Stock	6,000	$0.00	$0.00
Disposition	Common Stock	4,550	$0.00	$0.00

Holdings After Transaction: Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By ESOP)

Footnotes (1)

1. F1. Pursuant to the Agreement and Plan of Merger, dated as of October 29, 2025, between the Issuer and ServBanc Holdco, Inc., each issued and outstanding share of Issuer common stock was converted into the right to receive $26.40 cash consideration.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IF Bancorp (IROQ) report for Linda L. Hamilton?

Linda L. Hamilton reported disposing of IF Bancorp shares. On March 12, 2026, she returned 6,000 directly held shares and 4,550 indirectly held ESOP shares of common stock to the issuer in connection with the merger with ServBanc Holdco, Inc.

Was Linda L. Hamilton’s IF Bancorp (IROQ) transaction an open-market sale?

No, the transaction was a disposition to the issuer. The Form 4 uses transaction code D, meaning the shares were surrendered back to IF Bancorp under the merger, not sold on the open market, with each share converted into cash consideration.

What cash consideration did IF Bancorp (IROQ) shareholders receive in the ServBanc merger?

Each IF Bancorp common share was converted into $26.40 in cash. The merger agreement states that every issued and outstanding share became the right to receive $26.40, which applied to Hamilton’s disposed shares as part of the same transaction.

How many IF Bancorp (IROQ) shares did Linda L. Hamilton hold after the merger transaction?

The Form 4 shows zero shares following the transaction. After disposing of 6,000 directly held shares and 4,550 indirectly held ESOP shares to the issuer, the filing reports no remaining IF Bancorp common stock ownership for Hamilton.

How were Linda L. Hamilton’s indirect IF Bancorp (IROQ) holdings structured?

Some shares were held indirectly through an ESOP. The Form 4 labels 4,550 shares as indirectly owned "By ESOP," indicating they were attributed to Hamilton via an employee stock ownership plan before being disposed to the issuer in the merger.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hamilton Linda L.

(Last) (First) (Middle)

201 EAST CHERRY STREET

(Street)

WATSEKA IL 30970

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IF Bancorp, Inc. [ IROQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and COO

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/12/2026		D		6,000	D	(1)	0	D
Common Stock	03/12/2026		D		4,550	D	(1)	0	I	By ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pursuant to the Agreement and Plan of Merger, dated as of October 29, 2025, between the Issuer and ServBanc Holdco, Inc., each issued and outstanding share of Issuer common stock was converted into the right to receive $26.40 cash consideration.

	/s/ Linda L. Hamilton	03/12/2026
	** Signature of Reporting Person	Date
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