Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0001437749-25-002817 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-05 | 2025-02-03 | ALRS | Villalon Alan | CFO | M - OptEx | — | +1,326 | 8,714 | +18% | — |
| D | 2025-02-05 | 2025-02-03 | ALRS | Villalon Alan | CFO | F - Tax | $21.14 | -477 | 8,237 | -5% | -$10.1K |
| D | 2025-02-05 | 2025-02-03 | ALRS | Villalon Alan | CFO | M - OptEx | $0.00 | -1,326 | 1,989 | -40% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-03 | M | A | 1,326 | — | 8,714 | D | — | — | (F1) On February 3, 2022, the reporting person was granted 3,315 restricted stock units, including 1,326 restricted stock units vesting on February 3, 2025, and 1,989 restricted stock units with performance-based vesting components. (F2) Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. |
| 2 | Common | Common Stock | 2025-02-03 | F | D | 477 | $21.14 | 8,237 | D | — | — | (F3) Shares withheld upon vesting of restricted stock for payment of tax liability. |
| 3 | Derivative | Restricted Stock Units | 2025-02-03 | M | D | 1,326 | $0.00 | 1,989 | D | — · — to — | 1,326 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. (F1) On February 3, 2022, the reporting person was granted 3,315 restricted stock units, including 1,326 restricted stock units vesting on February 3, 2025, and 1,989 restricted stock units with performance-based vesting components. |