Hamilton Linda L. 4
4 · IF Bancorp, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
IF Bancorp (IROQ) EVP Linda L. Hamilton Sells 10,550 Shares
What Happened
Linda L. Hamilton, EVP and COO of IF Bancorp (IROQ), had two dispositions to the issuer on 2026-03-12 totaling 10,550 shares (6,000 and 4,550). Under the merger agreement, each share was converted into cash consideration of $26.40, yielding approximately $278,520 in cash. This was a disposition as part of a merger conversion (not an open-market sale).
Key Details
- Transaction date: 2026-03-12 (Form 4 filed 2026-03-13; timely)
- Transaction type/code: D — Disposition to the issuer (conversion under merger)
- Share counts: 6,000 and 4,550 (total 10,550 shares)
- Price: $26.40 per share pursuant to merger agreement
- Total cash received: ≈ $278,520
- Shares owned after transaction: not specified in the provided filing
- Footnote: Per the Agreement and Plan of Merger dated Oct 29, 2025 (ServBanc Holdco, Inc.), each outstanding IF Bancorp share was converted into the right to receive $26.40 cash.
Context
This filing reflects a corporate transaction (merger conversion) rather than a discretionary open-market sale by the insider. Dispositions to the issuer under a merger are routine when shares are converted to cash and do not necessarily indicate the insider’s view on the company’s prospects.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-03-12−6,000→ 0 total - Disposition to Issuer
Common Stock
[F1]2026-03-12−4,550→ 0 total(indirect: By ESOP)
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.