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IF Bancorp (IROQ) director disposes 34,298 shares in cash merger

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

Rhea-AI Filing Summary

IF Bancorp, Inc. director Rodney E. Yergler reported returning his common stock to the company in connection with its merger with ServBanc Holdco, Inc. On March 12, 2026, he disposed of 9,298 shares held directly, 15,000 shares held in his IRA, and 10,000 shares held in his spouse’s IRA. Under the merger agreement dated October 29, 2025, each issued and outstanding share of IF Bancorp common stock was converted into the right to receive $26.40 in cash, leaving Yergler with no reported remaining common stock holdings.

Positive

  • None.

Negative

  • None.

Insights

Director’s holdings are cashed out in a merger-related disposition.

Director Rodney E. Yergler disposed of his IF Bancorp common shares, both directly held and in IRAs, as part of the cash merger with ServBanc Holdco, Inc. The disposition code is D, indicating a return of shares to the issuer rather than an open-market sale.

The footnote states each share was converted into the right to receive $26.40 in cash under the October 29, 2025 merger agreement. This looks like a mechanical step in completing the merger, with Yergler’s post-transaction holdings at zero and no remaining derivative positions reported.

Insider YERGLER RODNEY E
Role Director
Type Security Shares Price Value
Disposition Common Stock 9,298 $0.00 --
Disposition Common Stock 15,000 $0.00 --
Disposition Common Stock 10,000 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By IRA)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →
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*
YERGLER RODNEY E
(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 9,298 D (1) 0 D
Common Stock 03/12/2026 D 15,000 D (1) 0 I By IRA
Common Stock 03/12/2026 D 10,000 D (1) 0 I By Spouse's IRA
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/ Rodney E. Yergler 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did IF Bancorp (IROQ) director Rodney E. Yergler report in this Form 4?

Rodney E. Yergler reported disposing of all his IF Bancorp common stock. He returned shares held directly, in his IRA, and in his spouse’s IRA to the issuer as part of a cash merger, leaving him with no reported remaining common stock holdings.

How many IF Bancorp (IROQ) shares did Rodney E. Yergler dispose of?

Rodney E. Yergler disposed of three blocks of IF Bancorp common stock: 9,298 shares held directly, 15,000 shares held in his IRA, and 10,000 shares held in his spouse’s IRA. All were returned to the issuer in a merger-related transaction on March 12, 2026.

Was Rodney E. Yergler’s IF Bancorp (IROQ) transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 uses transaction code D, meaning a disposition to the issuer. The shares were returned to IF Bancorp in connection with its cash merger with ServBanc Holdco, Inc., rather than sold on the market.

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

Each issued and outstanding share of IF Bancorp common stock was converted into the right to receive $26.40 in cash. This per-share cash consideration is specified in the merger agreement with ServBanc Holdco, Inc. dated October 29, 2025 and applies to Yergler’s disposed shares.

Does Rodney E. Yergler still own IF Bancorp (IROQ) shares after this transaction?

According to the Form 4, Rodney E. Yergler reported zero shares following these transactions. The shares held directly, in his IRA, and in his spouse’s IRA were all disposed of to the issuer as part of the merger, leaving no reported remaining IF Bancorp common stock.

How are Rodney E. Yergler’s indirect IF Bancorp (IROQ) holdings described?

The Form 4 identifies two indirect positions: 15,000 shares held “By IRA” and 10,000 shares held “By Spouse’s IRA.” Both indirect holdings were disposed of to IF Bancorp in the same merger-related transaction as his directly held 9,298 shares.