Form 4: IF Bancorp Executive Thomas Chamberlain Reports Stock Acquisitions

Thomas Chamberlain, SEVP and CLO of IF Bancorp, Inc., reported several acquisitions of common stock through various accounts, including IRA and 401(k), on May 3, 2024.

Summary

• On May 3, 2024, Thomas J. Chamberlain, SEVP and CLO of IF Bancorp, Inc., reported the acquisition of IF Bancorp, Inc. common stock.
• Chamberlain acquired 203 shares at $16.50 each through an IRA account, bringing the total shares held in the IRA to 16,622.
• An additional 63 shares were purchased at $16.35 each through a 401(k) account, increasing the 401(k) holdings to 19,034 shares.
• Another 143 shares were acquired at $16.50 each through the 401(k) account, further increasing the holdings to 19,177 shares.
• Chamberlain also acquired 19 shares directly at $16.30 each, resulting in a direct holding of 22,613 shares.
• A further 554 shares were purchased directly at $16.50 each, increasing the direct holdings to 23,167 shares.
• Chamberlain also indirectly holds 7,050 shares through an ESOP.
• The report was signed on May 6, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisitions by an executive. The purchases themselves could be interpreted as a positive signal, but the filing itself is simply a procedural requirement.

Positives

• The executive's purchase of shares may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. They provide transparency into the transactions of company executives and directors.

Stakeholder Impact

• The stock purchases by an executive could positively influence shareholder sentiment.

Key Dates