IF Bancorp Files Material Definitive Agreement 8-K

Ticker: IROQ · Form: 8-K · Filed: Sep 16, 2025 · CIK: 1514743

Sentiment: neutral

Topics: material-agreement

TL;DR

IF Bancorp just signed a big deal, details TBD.

AI Summary

On September 16, 2025, IF Bancorp, Inc. filed an 8-K report detailing a material definitive agreement. The filing does not disclose specific details of the agreement or any associated financial figures at this time.

Why It Matters

This filing indicates a significant new contract or partnership for IF Bancorp, Inc., which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details introduces uncertainty about the nature and impact of this agreement.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement filed by IF Bancorp, Inc.?

The filing does not specify the nature of the material definitive agreement.

When was the material definitive agreement entered into or reported?

The report was filed on September 16, 2025, and this is the date of the earliest event reported.

What is the principal executive office address for IF Bancorp, Inc.?

The principal executive offices are located at 201 East Cherry Street, Watseka, Illinois 60970.

What is the SEC file number for IF Bancorp, Inc.?

The SEC file number for IF Bancorp, Inc. is 001-35226.

Does this 8-K filing provide any financial details about the material definitive agreement?

No, the filing does not provide specific financial details regarding the material definitive agreement.

Filing Stats: 1,033 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2025-09-16 17:20:14

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On September 16, 2025, IF Bancorp, Inc. (the "Company") entered into an agreement (the "Agreement") with Stilwell Activist Fund, L.P. ("Activist Fund"), Stilwell Activist Investments, L.P. ("Activist Investments"), Stilwell Partners, L.P. ("Stilwell Partners"), Stilwell Value LLC, ("Stilwell Value"), and Joseph Stilwell, an individual (collectively, with Activist Fund, Activist Investments, Stilwell Partners, and Stilwell Value, the "Stilwell Group," and each individually, a "Stilwell Group Member") and Scott J. Dworschak, an individual. The Agreement will remain in effect until the earlier of March 31, 2026, or the closing of a Company Transaction (as defined below). Pursuant to the Agreement, the Company has agreed to, among other things, appoint Mr. Dworschak to the Boards of Directors (the "Boards") of the Company and its wholly owned banking subsidiary, Iroquois Federal Savings and Loan Association (the "Bank"), in the class of directors expiring at the Company's 2026 Annual Meeting of Stockholders and similar class at the Bank. In the event Mr. Dworschak is unable to serve as a director of the Company and Bank, the Company and Bank will appoint a replacement director chosen by the Stilwell Group. If, after March 31, 2026, the Company has failed to substantially implement the matters approved by stockholders of the Company at the November 2024 Annual Meeting of Stockholders and the Stilwell Group requests that an additional nominee of its choosing be appointed to the Boards, the Company has agreed to appoint such nominee to the Boards to serve in the class of directors with a term expiring at the Company's 2027 Annual Meeting of Stockholders and similar class at the Bank. During the term of the Agreement, the Stilwell Group and each Stilwell Group Member will not, among other things: acquire additional shares of the Company's common stock ("Company Stock"), sell or transfer Company Stock to a 5% holder

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No . Description 10 Standstill Agreement by and among IF Bancorp, Inc., Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, Joseph Stilwell and Scott J. Dworschak 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. IF BANCORP, INC. DATE: September 16, 2025 By: /s/ Walter H. Hasselbring, III Walter H. Hasselbring, III Chief Executive Officer

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