Randy L. Newman - 21 Oct 2026 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Reporting relationship: Director
Issuer ticker: ALRS
Reported as of: 21 Oct 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 Oct 2026, 16:02:41 UTC
Prior SEC filing: 27 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Nicholas Brenckman, by power of attorney

Filing notes and source

Key filing fact

Randy L. Newman filed Form 4 for ALERUS FINANCIAL CORP (ALRS) on 22 Oct 2026.

Key facts

This page summarizes Randy L. Newman's Form 4 filing for ALERUS FINANCIAL CORP (ALRS).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 22 Oct 2026, 16:02.

Change

Previous filing in this sequence was filed on 27 May 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001786850 Primary reporting owner

Newman Randy L

Relationship: Director
Address: 401 DEMERS AVENUE, GRAND FORKS
Signature: /s/ Nicholas Brenckman, by power of attorney
Signature date: 22 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALRS transaction

Common Stock

Gift

Transaction value
Shares: -89,923
Change %: -29%
Price: $0.000000^*
Shares after: 219,963
Date: 22 Sep 2026
Ownership: Direct
Footnotes: F1, F2, F3

ALRS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 156,705
Date: 21 Oct 2026
Ownership: By trust
Footnotes: F4

ALRS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 339,765
Date: 21 Oct 2026
Ownership: By trust
Footnotes: F5

ALRS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 91,923
Date: 21 Oct 2026
Ownership: By spouse
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Includes 1,772 shares of restricted stock.

Footnote F2

Includes 1,814 shares held jointly with Mr. Newman's spouse.

Footnote F3

This transaction involved Mr. Newman's gift of 89,923 shares of Alerus Financial Corporation common stock to his spouse.

Footnote F4

Shares held by the Anita D. Newman Revocable Living Trust under agreement dated August 27, 2015. Mr. Newman's spouse is the trustee of this trust.

Footnote F5

Shares held by the Anita D. Newman 2021 GST Trust. Mr. Newman is a beneficiary and a trustee of this trust, and possesses sole voting and investment power with respect to these shares.

Footnote F6

Reflects 89,923 shares of Alerus Financial Corporation common stock gifted to Mr. Newman's spouse by Mr. Newman.