Key facts
- This page summarizes Jon Hendry's Form 4 filing for ALERUS FINANCIAL CORP (ALRS).
- 9 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 06 Jan 2025, 16:01.
Jon Hendry - 02 Jan 2025 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)
- Reporting relationship
- Chief Technology Officer & EVP
- Issuer ticker
- ALRS
- Reported as of
- 02 Jan 2025
- Net transaction value
- -$27,830
- SEC form
- 4
- Accepted by SEC
- 06 Jan 2025, 16:01:45 UTC
- Prior SEC filing
- 29 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nicholas Brenckman, by power of attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jon Hendry filed Form 4 for ALERUS FINANCIAL CORP (ALRS) on 06 Jan 2025.
Change
- Previous filing in this sequence was filed on 29 Feb 2024.
- Current net transaction value: -$27,830.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ALRS
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,035
- Change %
- +2%
- Price
- Shares after
- 53,695
- Date
- 02 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3
ALRS
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +63
- Change %
- +0.12%
- Price
- Shares after
- 53,758
- Date
- 02 Jan 2025
- Ownership
- Direct
- Footnotes
- F2, F3, F4
ALRS
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,672
- Change %
- +3.1%
- Price
- Shares after
- 55,430
- Date
- 02 Jan 2025
- Ownership
- Direct
- Footnotes
- F2, F3, F5
ALRS
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,891
- Change %
- +3.4%
- Price
- Shares after
- 57,321
- Date
- 02 Jan 2025
- Ownership
- Direct
- Footnotes
- F2, F3, F6
ALRS
transaction
Common Stock
Tax liability
- Transaction value
- $27,830
- Shares
- -1,454
- Change %
- -2.5%
- Price
- $19.14
- Shares after
- 55,867
- Date
- 02 Jan 2025
- Ownership
- Direct
- Footnotes
- F3, F7
ALRS
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,000
- Date
- 02 Jan 2025
- Ownership
- By spouse
ALRS
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 21,952
- Date
- 02 Jan 2025
- Ownership
- By the Alerus Financial Corporation Employee Stock Ownership Plan
- Footnotes
- F8
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ALRS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,035
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,035
- Exercise price
- Footnotes
- F1, F2
ALRS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -63
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 63
- Exercise price
- Footnotes
- F2, F4
ALRS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,672
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,672
- Exercise price
- Footnotes
- F2, F5
ALRS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,891
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,891
- Exercise price
- Footnotes
- F2, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Jon Hendry is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 8 footnotes
Footnote F1
On February 3, 2022, Mr. Hendry was granted 1,035 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
Footnote F2
Restricted stock units convert into common stock on a one-for-one basis.
Footnote F3
Includes 46,398 shares held jointly with Mr. Hendry's spouse.
Footnote F4
On July 1, 2022, Mr. Hendry was granted 63 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
Footnote F5
On February 21, 2023, Mr. Hendry was granted 1,672 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement
Footnote F6
On February 27, 2024, Mr. Hendry was granted 1,891time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
Footnote F7
Shares withheld upon vesting of restricted stock units for payment of tax liability.
Footnote F8
Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.