Collins Jim bought ALRS
February 26, 2026 · Form 4 insider transaction
Collins Jim bought 4,239 shares of Alerus Financial Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
On February 21, 2023, the reporting person was granted 3,784 performance-based restricted stock units, vesting upon Alerus Financial Corporation Compensation Committee certification of established total net income goals. The payout could be increased to 150% of target or reduced to 0% based on achievement of the applicable metric. The Alerus Financial Corporation Compensation Committee certified the payout at 112% and the performance-based restricted stock units vested on February 26, 2026.; Restricted stock units convert into common stock on a one-for-one basis.