Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2026-02-24 00:00:00 ET · period of report 2026-02-21 · accession 0001437749-26-005333 · 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 | 2026-02-24 | 2026-02-23 | ALRS | Lorenson Katie A | Pres, CEO, Dir | F - Tax | $25.45 | +2,025 | 51.9K | +4% | +$51.5K |
| D | 2026-02-24 | 2026-02-21 | ALRS | Lorenson Katie A | Pres, CEO, Dir | M - OptEx | — | +5,572 | 53.9K | +12% | — |
| D | 2026-02-24 | 2026-02-21 | ALRS | Lorenson Katie A | Pres, CEO, Dir | M - OptEx | $0.00 | -5,572 | 0 | -100% | $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 | 2026-02-23 | F | A | 2,025 | $25.45 | 51,912 | D | — | — | (F4) Shares withheld upon vesting of restricted stock units for payment of tax liability. (F3) Includes 3,263 shares of restricted stock and 11,626 shares held jointly with Ms. Lorenson's spouse. |
| 2 | Common | Common Stock | 2026-02-21 | M | A | 5,572 | — | 53,937 | D | — | — | (F1) On February 21, 2023, the reporting person was granted 5,572 restricted stock units vesting on February 21, 2026. (F2) Restricted stock units convert into common stock on a one-for-one basis. (F3) Includes 3,263 shares of restricted stock and 11,626 shares held jointly with Ms. Lorenson's spouse. |
| 3 | Derivative | Restricted Stock Units | 2026-02-21 | M | D | 5,572 | $0.00 | 0 | D | — · — to — | 5,572 Common Stock | (F2) Restricted stock units convert into common stock on a one-for-one basis. (F1) On February 21, 2023, the reporting person was granted 5,572 restricted stock units vesting on February 21, 2026. |