STOCK TITAN

[Form 4] IF Bancorp, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IF Bancorp, Inc. SEVP, CFO and Treasurer Pamela J. Verkler reported dispositions of common stock tied to the company’s merger. On March 12, 2026, she returned 26,000 directly held shares and 24,792 indirectly held shares (via a 401(k) and ESOP) to the issuer.

According to the merger agreement with ServBanc Holdco, Inc. dated October 29, 2025, each issued and outstanding IF Bancorp common share was converted into the right to receive $26.40 in cash. After these transactions, the filing shows no remaining shares in these reported accounts, reflecting conversion of her equity position into cash consideration under the merger terms rather than open-market sales.

Positive

  • None.

Negative

  • None.
Insider VERKLER PAMELA J
Role SEVP, CFO and Treasurer
Type Security Shares Price Value
Disposition Common Stock 26,000 $0.00 --
Disposition Common Stock 12,500 $0.00 --
Disposition Common Stock 12,292 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By 401(k))
Footnotes (1)
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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
Estimated average burden
hours per response: 0.5
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*
VERKLER PAMELA J

(Last) (First) (Middle)
201 EAST CHERRY STREET

(Street)
WATSEKA IL 60970

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP, CFO and Treasurer
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 26,000 D (1) 0 D
Common Stock 03/12/2026 D 12,500 D (1) 0 I By 401(k)
Common Stock 03/12/2026 D 12,292 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/ Pamela J. Verkler 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did IF Bancorp (IROQ) CFO Pamela Verkler report in this Form 4?

Pamela J. Verkler reported disposing of IF Bancorp common stock back to the issuer. The filing shows 26,000 directly held shares and 24,792 indirectly held shares were returned as part of a merger transaction converting her equity into cash consideration.

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

Each issued and outstanding IF Bancorp common share was converted into the right to receive $26.40 in cash. This fixed cash consideration applied to all outstanding shares under the Agreement and Plan of Merger with ServBanc Holdco dated October 29, 2025.

Does the IF Bancorp (IROQ) Form 4 show open-market sales by the CFO?

No, the Form 4 reports dispositions coded as returns of shares to the issuer, not open-market sales. The transactions reflect conversion of shares into $26.40 per share cash consideration under the ServBanc Holdco merger agreement, rather than discretionary trading.

What is the nature of Pamela Verkler’s indirect IF Bancorp (IROQ) holdings in this filing?

Indirect holdings in the filing are described as shares held “By 401(k)” and “By ESOP.” These indirect positions, totaling 24,792 shares, were also disposed of to the issuer on March 12, 2026, consistent with the merger’s cash-out structure.