IF Bancorp Announces Director and Officer Changes

Ticker: IROQ · Form: 8-K · Filed: Sep 26, 2025 · CIK: 1514743

Sentiment: neutral

Topics: corporate-governance, management-change

TL;DR

IF Bancorp shook up its board and exec team on 9/24. New directors elected, officers appointed.

AI Summary

On September 24, 2025, IF Bancorp, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes information regarding the election of new directors and the appointment of certain officers, along with details on compensatory arrangements for these individuals. The report was filed on September 26, 2025.

Why It Matters

Changes in a company's board and executive team can signal shifts in strategy, governance, or operational focus, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance changes and does not indicate any immediate financial distress or significant operational disruption.

Key Players & Entities

FAQ

What specific changes were made to IF Bancorp's board of directors?

The filing indicates the election of directors, but the specific names and number of directors elected are not detailed in the provided text.

Who were the newly appointed officers at IF Bancorp?

The filing mentions the appointment of certain officers, but their names and specific roles are not provided in the excerpt.

What is the nature of the compensatory arrangements mentioned?

The filing states that compensatory arrangements of certain officers are detailed, but the specifics of these arrangements are not included in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on September 24, 2025.

What is IF Bancorp's principal executive office address?

IF Bancorp's principal executive offices are located at 201 East Cherry Street, Watseka, Illinois 60970.

Filing Stats: 549 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2025-09-26 17:00:38

Key Financial Figures

Filing Documents

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (d) On September 24, 2025, the Board of Directors of IF Bancorp, Inc. (the "Company") appointed Scott J. Dworschak to the Company's Board of Directors, effective immediately. As of the date of this filing, Mr. Dworschak's committee appointments have not yet been finalized. Mr. Dworschak was also appointed to the Board of Directors of Iroquois Federal Savings and Loan Association (the "Bank"), the Company's wholly owned subsidiary. Mr. Dworschak's appointments were made pursuant to a previously disclosed Standstill Agreement, entered into by the Company with Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, Joseph Stilwell and Mr. Dworschak. Mr. Dworschak is not a party to any transaction with the Company or the Bank that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K. Mr. Dworschak will receive the standard compensatory arrangements that the Company currently provides its non-employee directors, as described in the Company's proxy statement for its 2024 Annual Meeting of Stockholders, as filed with the Securities and Exchange Commission on October 16, 2024.

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 26, 2025 By: /s/ Walter H. Hasselbring, III Walter H. Hasselbring, III Chief Executive Officer

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