[Form 4] IF Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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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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.
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.