On May 9, 2024, BankFinancial Corporation announced that it has received a shareholder proposal from Henryk F. Walczak regarding board immediately engage an investment banking firm experienced in community bank mergers and acquisitions to guide the Company in promptly taking steps to merge or sell the Company on terms that will maximize stockholder value. In addition, the Company urged shareholders to vote against the proposal at its annual general meeting of shareholders scheduled to be held on June 21, 2024.