LORENSON KATIE A (Executive Vice President/ CFO) exercised options at ALERUS FINANCIAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/24/2026ACC: 0001437749-26-005333
Officer· Executive Vice President/ CFO
Since Sep 2019
+2.02K
Net shares
Net buyer
$51.5K
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
7.60K acquired · 5.57K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+5.57K
Price / share
—
Trade value
—
% of position
11.5%
2/21/2026
48.37K→53.94K
Common Stock
Direct
Shares
+2.02K
Price / share
$25.45
Trade value
$51.54K
% of position
4.1%
2/23/2026
49.89K→51.91K
Total
Net shares
+7.60K
Net value
$51.54K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/21/2026 | M · Option Exercise | +5.57K | — | — | 11.5% | 48.37K | 53.94K |
| Common Stock Direct | 2/23/2026 | F · Tax Withholding | +2.02K | $25.45 | $51.54K | 4.1% | 49.89K | 51.91K |
| Total | +7.60K | $51.54K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
5.57K shares
Shares
−5.57K
Strike price
Held after
0.00
Exercisable
—
2/21/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock5.57K shares | 2/21/2026 | M · Option Exercise | −5.57K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned2.64K
Total
2.64K indirect2.64K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 2.64K | Indirect |
| Total | 2.64K | 2.64K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported