IF Bancorp, Inc.·4

Mar 13, 10:51 AM ET

YERGLER RODNEY E 4

4 · IF Bancorp, Inc. · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

IF Bancorp (IROQ) Director Rodney E. Yergler Sells 34,298 Shares

What Happened

  • Rodney E. Yergler, a director of IF Bancorp, disposed of a total of 34,298 shares (9,298 + 15,000 + 10,000) on 2026-03-12. Per the filing footnote, each outstanding share was converted into the right to receive $26.40 in cash under an Agreement and Plan of Merger; the transaction value is approximately $905,467.20. This was a disposition to the issuer as part of the merger consideration (not an open-market sale).

Key Details

  • Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely).
  • Price per share / consideration: $26.40 cash per share (per merger agreement).
  • Total shares disposed: 34,298; total cash received: ~$905,467.20.
  • Shares owned after transaction: not specified in the report.
  • Footnote: Dispositions occurred pursuant to the Agreement and Plan of Merger dated October 29, 2025, between IF Bancorp and ServBanc Holdco, Inc.
  • Filing timeliness: Filed the day after the transaction (no late-filing indication).

Context

  • This disposition is merger-related (each share converted into cash) rather than a voluntary open-market sale; such transactions reflect deal consideration rather than the insider’s trading sentiment.
  • For retail investors, note this reduces insider share count via corporate action; it does not necessarily signal a change in the director’s view of the company’s prospects.

Insider Transaction Report

Form 4Exit
Period: 2026-03-12
Transactions
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-03-129,2980 total
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-03-1215,0000 total(indirect: By IRA)
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-03-1210,0000 total(indirect: By Spouse)
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.
Signature
/s/ Rodney E. Yergler|2026-03-12

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4