Sequoya Borgman - Oct 9, 2024 Form 4 Insider Report for HMN FINANCIAL INC (HMNF)

Role
Director
Signature
/s/ Jon Eberle by Power of Attorney for Sequoya Borgman
Stock symbol
HMNF
Transactions as of
Oct 9, 2024
Transactions value $
$0
Form type
4
Date filed
10/9/2024, 05:37 PM
Previous filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMNF Common Stock Disposed to Issuer -5.41K -100% 0 Oct 9, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sequoya Borgman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to an Agreement and Plan of Merger dated May 14, 2024 by and between HMN Financial, Inc. (HMNF) and Alerus Corporation (Alerus) in exchange for the right to receive 1.25 shares of Alerus common stock per share of HMNF common stock.