Randy L. Newman - 22 May 2025 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Nicholas Brenckman, by power of attorney
Issuer symbol
ALRS
Transactions as of
22 May 2025
Transactions value $
$0
Form type
4
Filing time
27 May 2025, 16:35:02 UTC
Previous filing
23 May 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Newman Randy L Director 401 DEMERS AVENUE, GRAND FORKS /s/ Nicholas Brenckman, by power of attorney 27 May 2025 0001786850

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +2.35K +0.77% $0.00 308K 22 May 2025 Direct F1, F2, F3, F4
holding ALRS Common Stock 157K 22 May 2025 By trust F5
holding ALRS Common Stock 340K 22 May 2025 By trust F6
holding ALRS Common Stock 2K 22 May 2025 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan.
F2 Includes 2,354 shares of restricted stock.
F3 Includes 1,814 shares held jointly with Mr. Newman's spouse.
F4 Includes 97,629 shares previously owned indirectly by the Alerus Financial Corporation Employee Stock Ownership Plan.
F5 156,705 shares of common stock held by Anita D. Newman Revocable Living Trust under agreement dated August 27, 2015. Mr. Newman's spouse is the trustee of this trust.
F6 339,765 shares of common stock held by the Anita D. Newman 2021 GST Trust. Mr. Newman is a beneficiary and a trustee of this trust, and possesses sole voting and investment power with respect to these shares.