VILLALON ALAN

PrivateCIK: 1909920
Location

GRAND FORKS, ND

VILLALON ALAN (Chief Financial Officer) exercised options at ALERUS FINANCIAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderVILLALON ALANCIK 1909920
IssuerALERUS FINANCIAL CORPCIK 903419
Officer· Chief Financial Officer
Since Feb 2022
+7.25K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
10.46K acquired · 3.22K disposed
Non-Derivative Transactions1

Common Stock

Direct
M · Option Exercise

Shares

+3.22K

Price / share

Trade value

% of position

25.7%
2/26/2026
12.50K15.72K
Total

Net shares

+3.22K

Net value

$0.00

Derivative Transactions2

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

3.22K shares

Shares

3.22K

Strike price

Held after

0.00

Exercisable

2/26/2026

Restricted Stock Units

Direct
A · Award
Converts to

Common Stock

7.25K shares

Shares

+7.25K

Strike price

Held after

7.25K

Exercisable

2/26/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned775.37
Total
775.37 indirect775.37
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
VILLALON ALAN — Insider Transaction (Form 4) Filed Mar 2, 2026 | Finecho