Jim Collins - 23 Feb 2026 Form 4/A - Amendment Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role: EVP, CBO & CRO
Signature: /s/ Nicholas Brenckman, by power of attorney
Issuer symbol: ALRS
Transactions as of: 23 Feb 2026
Net transactions value: -$19,647
Form type: 4/A - Amendment
Filing time: 02 Mar 2026, 15:35:44 UTC
Date Of Original Report: 24 Feb 2026
Previous filing: 24 Feb 2026
Next filing: 02 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Collins Jim	EVP, CBO & CRO	401 DEMERS AVENUE, GRAND FORKS	/s/ Nicholas Brenckman, by power of attorney	02 Mar 2026	0001932201

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALRS	Common Stock	Tax liability	$19,647	-772	-5.5%	$25.45	13,167	23 Feb 2026	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld upon vesting of restricted stock units for payment of tax liability.
F2	The Form 4, as originally filed, incorrectly reported 917 shares withheld upon the vesting of restricted stock for the payment of tax liabilities. The total number of shares actually withheld was 772.