IF Bancorp director shares cashed out in merger
IF Bancorp, Inc. director Alan D. Martin disposed of his remaining common stock through a cash-out merger transaction.
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Rhea-AI Filing Summary
IF Bancorp, Inc. director Alan D. Martin disposed of his remaining common stock through a cash-out merger transaction. On March 12, 2026, he returned 24,093 directly held shares, 18,000 shares held in an IRA, and 3,000 shares held in his spouse’s IRA to the issuer.
Under an Agreement and Plan of Merger dated October 29, 2025 between IF Bancorp and ServBanc Holdco, Inc., each issued and outstanding share of common stock was converted into the right to receive $26.40 in cash. Following these dispositions to the issuer, the filing shows Martin with no remaining common stock or derivative positions reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 24,093 | $0.00 | $0.00 |
| Disposition | Common Stock | 18,000 | $0.00 | $0.00 |
| Disposition | Common Stock | 3,000 | $0.00 | $0.00 |
Footnotes (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.
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What does the IF Bancorp (IROQ) Form 4 for Alan D. Martin report?
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