Filed pursuant to Rule 497(e)
Registration Nos. 333-62298; 811-10401
Mairs & Power Small Cap Fund (the “Fund”)
a series of Trust for Professional Managers (the “Trust”)
Supplement dated September 30, 2026 to the Summary Prospectus and Prospectus
dated April 30, 2026
Effective at the close of business on September 30, 2026, Mr. Kyle J. Bergacker will be added as a portfolio manager for the Fund. Accordingly, effective at the close of business on September 30, 2026, the following disclosures are hereby revised to reflect the addition of Mr. Bergacker as a new portfolio manager for the Fund.
The “Management” section on page 4 of the Fund’s Summary Prospectus and page 13 of the Fund’s Prospectus is amended to read as follows:
Management
The Fund employs Mairs & Power, Inc. to manage the Fund’s investment portfolio. The Fund’s portfolio managers are as follows:
| | | | | | | | | | | |
| Name/Primary Title with Fund | Primary Title with the Adviser | Tenure with the Fund | Tenure with the Adviser* |
Michael C. Marzolf, Lead Portfolio Manager | Investment Manager | Lead Portfolio Manager of the Fund since July 1, 2023; Co-Manager of the Fund and the Predecessor Small Cap Fund from January 1, 2022 to June 30, 2023 | Since 2021 |
Andrew R. Adams, Co-Manager
| Chief Investment Officer
| Co-Manager of the Fund since July 1, 2023; Lead Portfolio Manager of the Fund and the Predecessor Small Cap Fund from August 20, 2021 to June 30, 2023; Co-Manager of the Predecessor Small Cap Fund from April 1, 2019 to August 20, 2021; Lead Portfolio Manager of the Predecessor Small Cap Fund from 2011 to April 1, 2019
| Since 2006 |
Christopher D. Strom, Co-Manager | Investment Manager | Co-Manager of the Fund and the Predecessor Small Cap Fund since January 1, 2021 | Since 2017 |
Kyle J. Bergacker, Co-Manager
| Vice President; Investment Manager | Co-Manager of the Fund since September 30, 2026 | Since 2026 |
*Tenure with the Adviser is the year each individual started employment with the Adviser and may not align with their primary title with the Adviser.
The “Management and Organization of the Fund - Portfolio Managers" section beginning on page 23 in the Fund’s Prospectus is amended to add the following disclosure for Mr. Bergacker:
Kyle J. Bergacker, CFA®. Mr. Bergacker joined Mairs & Power, Inc. in 2026 and has served as Vice President and Investment Manager of the Adviser since August 31, 2026. Mr. Bergacker has served as Co-Manager of the Small Cap Fund since September 30, 2026. Previously, Mr. Bergacker was a Senior Portfolio Manager for RBC Capital Markets, a Portfolio Manager with Gradient Investments, and a Senior Research Analyst at Columbia Threadneedle Inc. Mr. Bergacker earned a BS from the University of Minnesota in Applied Economics and is a CFA charterholder.
* * * * * * *
This supplement should be retained with your Summary Prospectus and Prospectus for future reference.
Mairs & Power Small Cap Fund (the “Fund”)
a series of Trust for Professional Managers (the “Trust”)
Supplement dated September 30, 2026 to the Statement of Additional Information
(the “SAI”)
dated April 30, 2026
Effective at the close of business on September 30, 2026, Mr. Kyle J. Bergacker will be added as a portfolio manager for the Fund. Accordingly, effective at the close of business on September 30, 2026, the following disclosures are hereby revised to reflect the addition of Mr. Bergacker as a new portfolio manager for the Fund.
The “Portfolio Managers - Other Accounts Managed" section beginning on page 31 in the Fund’s SAI is amended to read as follows:
Other Accounts Managed
The portfolio managers for the Funds have responsibility for the day-to-day management of accounts other than the Funds. Information regarding these other accounts is set forth in the following table. The number of accounts and assets is shown as of December 31, 2025.
| | | | | | | | | | | | | | | | | | | | |
| Number of Other Accounts Managed and Total Assets by Account Type | Number of Accounts and Total Assets for which Advisory Fee is Performance-Based |
| Name of Portfolio Manager | Registered Investment Companies (in millions) | Other Pooled Investment Vehicles | Other Accounts (in millions) | Registered Investment Companies (in millions) | Other Pooled Investment Vehicles | Other Accounts (in millions) |
| Andrew R. Adams | 0 | 0 | 89 | 0 | 0 | 0 |
| $0 | $0 | $241 | $0 | $0 | $0 |
| | | | | | |
| Kevin V. Earley | 0 | 0 | 260 | 0 | 0 | 0 |
| $0 | $0 | $583 | $0 | $0 | $0 |
| | | | | | |
| Peter J. Johnson | 0 | 0 | 199 | 0 | 0 | 0 |
| $0 | $0 | $862 | $0 | $0 | $0 |
| | | | | | |
| Christopher D. Strom | 0 | 0 | 67 | 0 | 0 | 0 |
| $0 | $0 | $177 | $0 | $0 | $0 |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| Michael C. Marzolf | 0 | 0 | 52 | 0 | 0 | 0 |
| $0 | $0 | $207 | $0 | $0 | $0 |
| | | | | | |
| Brent S. Miller | 0 | 0 | 52 | 0 | 0 | 0 |
| $0 | $0 | $222 | $0 | $0 | $0 |
Kyle J. Bergacker* | 0 | 0 | 0 | 0 | 0 | 0 |
| $0 | $0 | $0 | $0 | $0 | $0 |
*Information for Kyle J. Bergacker is as of August 31, 2026.
The “Portfolio Managers – Ownership of Securities" section beginning on page 32 in the Fund’s SAI is amended to read as follows:
Ownership of Securities
The following table sets forth the dollar range of Fund shares beneficially owned by each portfolio manager as of December 31, 2025, stated using the following ranges: None, $1-$10,000, $10,001-$50,000, $50,001-$100,000, $100,001-$500,000, $500,001-$1,000,000 or over $1,000,000.
| | | | | |
| Fund / Portfolio Manager | Dollar Range of Shares Owned in Fund |
| |
Mairs & Power Fund | |
| Andrew R. Adams | over $1,000,000 |
| Peter J. Johnson | over $1,000,000 |
| Christopher D. Strom | $500,001 - $1,000,000 |
| |
Balanced Fund | |
| Kevin V. Earley | over $1,000,000 |
| |
| Brent S. Miller | $500,001 - $1,000,000 |
| |
| Small Cap Fund | |
| Andrew R. Adams | over $1,000,000 |
| Christopher D. Strom | $500,001 - $1,000,000 |
| Michael C. Marzolf | $100,001-$500,000 |
Kyle J. Bergacker | None* |
| |
*Information for Kyle J. Bergacker is as of August 31, 2026. |
Mairs & Power’s profit sharing plan is nearly entirely invested in shares of the Funds. An unaffiliated money market fund is also available as an option. As of December 31, 2025, the profit sharing plan held $17,855,220 in the Mairs & Power Fund, $3,095,700 in the Balanced Fund, and $7,053,159 in the Small Cap Fund.
* * * * * * *
This supplement should be retained with your SAI for future reference.