Welcome to our dedicated page for ALERUS FINANCIAL SEC filings (Ticker: ALRS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on ALERUS FINANCIAL's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into ALERUS FINANCIAL's regulatory disclosures and financial reporting.
Alerus Financial Corp executive Missy Keney reported equity compensation activity involving restricted stock units and common stock. On February 26, 2026, she exercised 2,349 restricted stock units, which converted into 2,349 shares of common stock at $0.00 per share, and received a new grant of 5,153 restricted stock units.
The filing shows a tax-withholding disposition of 608 shares of common stock at $25.45 per share to cover tax liabilities upon vesting. After these transactions, she directly held 10,206 common shares. Additional indirect holdings are reported through jointly held shares with her spouse and allocations in the Alerus Financial Corporation Employee Stock Ownership Plan in her spouse’s name.
Alerus Financial Corp EVP, CBO & CRO Jim Collins reported equity compensation changes involving restricted stock units and common shares. On February 26, 2026, 4,239 restricted stock units vested and converted into common stock, reflecting a 2023 performance-based grant certified at 112% of target. On the same date, Collins received a new grant of 9,058 restricted stock units, which includes both time-based and performance-based awards with vesting stretching to as late as March 15, 2029 depending on performance certification. To cover tax obligations upon vesting, 1,298 common shares were withheld at $25.45 per share. After these transactions, Collins directly held 16,108 common shares, plus an additional 725.3605 shares indirectly through the employee stock ownership program.
Alerus Financial Corp executive Jim Collins reported a tax-related share withholding. On the vesting of restricted stock units, 772 shares of common stock were withheld at $25.45 per share to cover tax liabilities, leaving him with 13,167 directly held shares.
This amended report corrects an earlier disclosure that had incorrectly stated 917 shares were withheld, clarifying the actual number of shares used to satisfy the tax obligation tied to his equity compensation.
ALERUS FINANCIAL CORP Chief Executive Officer Katie A. Lorenson filed an amended insider report showing a tax-related share withholding rather than an open-market trade. On the vesting of restricted stock units on February 23, 2026, 1,903 shares of common stock were withheld at $25.45 per share to cover tax liabilities. The amendment corrects an earlier report that had stated 2,025 shares were withheld. After this tax-withholding disposition, Lorenson directly owned 52,034 common shares, which includes 3,263 shares of restricted stock and 11,626 shares held jointly with her spouse.
Alerus Financial Corporation declared a regular quarterly cash dividend of $0.21 per common share on its common stock. This dividend represents a 5.00% increase over the dividend paid a year ago, signaling modest year-over-year growth in cash returns to shareholders.
The dividend will be paid on April 10, 2026, to stockholders of record as of the close of business on March 27, 2026. A related press release was issued and attached as an exhibit, and investors can access dividend history and financial materials on Alerus’ investor relations website.
ALERUS FINANCIAL CORP President & CEO Katie A. Lorenson reported equity award activity and related tax withholding. On February 21, 2026, 5,572 restricted stock units were exercised and converted into an equal number of common shares at $0.00 per share, increasing her direct common stock holdings to 53,937 shares. On February 23, 2026, 2,025 common shares valued at $25.45 per share were withheld to cover tax liabilities upon vesting, reducing her direct common stock holdings to 51,912 shares. She also has 2,635.5376 common shares held indirectly through the Alerus Financial Corporation Employee Stock Ownership Program, reflecting ESOP allocations since her last ownership report.
Alerus Financial Corp executive Alan Villalon reported an equity award vesting and share issuance. On February 21, 2026, 1,915 restricted stock units were exercised and converted into 1,915 shares of common stock at a stated price of $0.00 per share.
After this conversion, Villalon directly owned 12,502 shares of Alerus Financial common stock. He also had indirect ownership of 770.6404 shares through the Alerus Financial Corporation Employee Stock Ownership Program, reflecting allocations since his last ownership report. The footnotes note that the restricted stock units were originally granted on February 21, 2023 and convert to common stock on a one-for-one basis.
Alerus Financial Corp EVP, CBO & CRO Jim Collins reported equity transactions tied to a prior restricted stock unit (RSU) grant. On February 21, 2026, 2,523 RSUs granted in 2023 vested and converted into common stock on a one-for-one basis. On February 23, 2026, 917 common shares were withheld at $25.45 per share to cover tax liabilities, a non‑market disposition. Following these events, Collins directly owned 13,022 common shares and indirectly held 720.7194 common shares through the Alerus Financial Corporation Employee Stock Ownership Program, reflecting ESOP allocations since his last report.
Alerus Financial Corp executive vice president and COO Karin M. Taylor reported equity award activity rather than open‑market trading. On February 21, 2026, 2,128 restricted stock units granted in 2023 converted into the same number of common shares at $0.00 per share. Footnotes state these units convert to common stock on a one‑for‑one basis.
Following this vesting, on February 23, 2026, 774 common shares were withheld at $25.45 per share to cover tax liability, a non‑market "F" code tax‑withholding disposition. After these transactions, Taylor directly owned 26,110 common shares, including 3,012 shares of restricted stock, and had an additional 2,207.6046 shares held indirectly through the Alerus Employee Stock Ownership Program.
Alerus Financial’s Chief Engagement Officer Missy Keney reported equity award activity and related tax withholding. On February 21, 2026, 1,398 restricted stock units converted into the same number of common shares. On February 23, 2026, 436 shares held directly and 779 shares held by her spouse were withheld to cover tax liabilities, leaving 8,465 common shares held directly, plus additional indirect holdings through her spouse and the company’s employee stock ownership plan.