Alerus Financial ALRS Insider Ownership

NASDAQ ALRS

$33.81 -0.04 (-0.12%)

At close: Nov 6, 2026 · 4:00 PM EST

Insider Holdings by Owner

1.19Mn Shares

Randy L Newman428.09K36.0%

Jon Hendry109.06K9.2%

Katie A Lorenson102.04K8.6%

Daniel E Coughlin94.04K7.9%

Kevin D Lemke84.57K7.1%

Other insiders (15)371.32K31.2%

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

2.59%

▲+0.0006% pp QoQ

Shares Held by Insiders

649.97K

filed for Sep 2026

▲+0.02% QoQ

Shares Outstanding

25.08Mn

25,081,000 shares

Direct Holdings

643.09K

Indirect: 6.88K

Net Open-Market Trades

+403

net bought · $12.67K in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Open-Market Insider Trades

Bought Sold

Latest quarter —

Net over range —

Net-buying quarters —

Insider Ownership Summary

Updated Oct 23, 2026

In the last 12 months, insiders at Alerus Financial made open-market purchases of $61,165 (2K shares) and open-market sales of $19,779 (597 shares).

Among Alerus Financial's insiders, the largest open-market purchases in the past 12 months were by Jeffrey Bolton (Director), totaling $61,165 (2K shares), most recently on September 1, 2026.
On the selling side, Kari Koob (SVP, Controller) sold the most Alerus Financial stock on the open market over the past 12 months, $19,779 (597 shares), most recently on September 14, 2026.
Outside the open market, Alerus Financial insiders received 1.77K shares in stock awards, acquired 36.28K shares through option exercises and conversions, gave up 15.15K shares to cover taxes or exercise prices and gave away 89.92K shares as gifts over the past 12 months.
According to Business Quant data, insiders at Alerus Financial reported 649.97K shares in total in their latest Form 4 filings, up 0.02% from 649.81K shares at the end of Q2 2026 and up 2.17% from 636.15K shares at the end of Q3 2025.
Direct holdings account for 553.17K shares (85.11%) of ALRS's insider total, and indirect holdings through trusts, partnerships and family members for 96.81K shares (14.89%).
Holdings in Alerus Financial stock are reported by 16 insiders, the officers, directors and 10% owners who have filed a Form 4 in the past two years.
Alerus Financial's three largest insider shareholders, based on their latest Form 4 filings, are Randy L. Newman (Director, 311.89K shares), Katie A. Lorenson (Chief Executive Officer, 58.53K shares) and Jon Hendry (Chief Technology Officer & EVP, 55.87K shares).
Randy L. Newman alone accounts for 47.98% of the shares held by Alerus Financial insiders.
Institutions accounted for 64.12% of ALRS's outstanding shares in Q2 2026, insiders about 2.59% per their latest Form 4 filings, and other investors, including the public, about 33.29%.
A total of 29 Form 4 filings with transactions in Alerus Financial stock were made over the past 12 months, by 15 insiders.
These insider figures for Alerus Financial are based on Form 4 filings through October 22, 2026.

Form 4 Holdings

Insiders Holding ALRS

Insiders 20

Shares held 1.19Mn

Of outstanding 4.74%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Randy L Newman	Chairman, Ceo And President	428,094	428,094	36.0%	22 Oct, 2026
2	Jon Hendry	Chief Technology Officer Evp	109,059	109,059	9.2%	06 Jan, 2025
3	Katie A Lorenson	Chief Executive Officer	102,038	102,038	8.6%	02 Mar, 2026
4	Daniel E Coughlin	Director	94,040	94,040	7.9%	27 May, 2026
5	Kevin D Lemke	Director	84,570	84,570	7.1%	15 May, 2023
6	Galen G Vetter	Director	75,883	75,883	6.4%	27 May, 2026
7	Ann Mcconn	Evp And Chief/Sso	52,164	52,164	4.4%	18 May, 2022
8	Karin M Taylor	Evp And Coo	51,176	51,176	4.3%	02 Mar, 2026
9	Jim Collins	Evp, Cbo Cro	29,756	29,756	2.5%	02 Mar, 2026
10	Janet O Estep	Director	25,556	25,556	2.1%	27 May, 2026
11	Alan Villalon	Evp Chief Financial Officer	25,006	25,006	2.1%	02 Mar, 2026
12	Mary Zimmer	Director	20,622	20,622	1.7%	27 May, 2026
13	Missy Keney	Chief Engagement Officer	17,102	17,102	1.4%	02 Mar, 2026
14	Jeffrey Bolton	Director	15,163	15,163	1.3%	02 Sep, 2026
15	Forrest Wilson	Evp Chief Ret. Svcs. Officer	14,204	14,204	1.2%	05 May, 2025
16	Jerrod Hanson	Chief Accounting Officer	12,700	12,700	1.1%	31 Jan, 2023
17	Nikki Sorum	Director	10,578	10,578	0.9%	27 May, 2026
18	John Uribe	Director	10,578	10,578	0.9%	27 May, 2026
19	Michael S Mathews	Director	10,324	10,324	0.9%	15 May, 2023
20	Kari Koob	Svp, Controller	503	503	0.0%	15 Sep, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

249 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
22 Sep, 2026	Randy L Newman	Director	Disposed G	89,923	$0.00	$0	219,963	Direct
14 Sep, 2026	Kari Koob	Svp, Controller	Disposed S	597	$33.13	$19.78K	503	Direct
01 Sep, 2026	Jeffrey Bolton	Director	Acquired P	1,000	$32.45	$32.45K	15,163	Direct
03 Jul, 2026	Kari Koob	Svp, Controller	Disposed F	102	$31.11	$3.17K	1,100	Direct
01 Jul, 2026	Kari Koob	Svp, Controller	Disposed F	140	$31.10	$4.35K	1,202	Direct
27 May, 2026	Jeffrey Bolton	Director	Acquired P	1,000	$28.72	$28.72K	14,163	Direct
22 May, 2026	John Uribe	Director	Acquired A	1,772	$0.00	$0	7,352	Direct
22 May, 2026	Mary Zimmer	Director	Acquired A	1,772	$0.00	$0	12,374	Direct
22 May, 2026	Daniel E Coughlin	Director	Acquired A	1,772	$0.00	$0	49,083	Direct
22 May, 2026	Randy L Newman	Director	Acquired A	1,772	$0.00	$0	309,886	Direct
22 May, 2026	Janet O Estep	Director	Acquired A	1,772	$0.00	$0	14,841	Direct
22 May, 2026	Nikki Sorum	Director	Acquired A	1,772	$0.00	$0	7,352	Direct
22 May, 2026	Galen G Vetter	Director	Acquired A	1,772	$0.00	$0	27,311	Direct
22 May, 2026	Jeffrey Bolton	Director	Acquired A	1,772	$0.00	$0	13,163	Direct
23 Feb, 2026	Jim Collins	Evp, Cbo Cro	Disposed F	772	$25.45	$19.65K	13,167	Direct
26 Feb, 2026	Forrest Wilson	Evp Chief Ret. Svcs. Officer	Acquired A	6,602	$0.00	$0	6,602	Direct
26 Feb, 2026	Karin M Taylor	Evp And Coo	Acquired M	3,574	$0.00	$0	29,684	Direct
23 Feb, 2026	Katie A Lorenson	Chief Executive Officer	Disposed F	1,903	$25.45	$48.43K	52,034	Direct
26 Feb, 2026	Missy Keney	Chief Engagement Officer	Acquired M	2,349	$0.00	$0	10,814	Direct
26 Feb, 2026	Katie A Lorenson	Chief Executive Officer	Acquired M	9,363	$0.00	$0	61,397	Direct

Showing 1 to 20 of 249 transactions