ALRS ALERUS FINANCIAL CORP Insider Trading

Director Jeffrey Bolton purchases 1,000 shares of ALRS at $28.72; holdings rise to 14,163 shares (+7.6%)

Jeffrey Bolton, a Director, purchased 1,000 shares at $28.72 on 2026-05-27, bringing his total holdings to 14,163 shares. The purchase price sits near the 52-week high of $29.00 and reflects a stock up 11.0% over 30 days and 19.9% over 90 days. Across his cross-ticker track record, Bolton's 9 prior open-market buys averaged +0.4% 30-day return and +0.9% 90-day return with a 55.56% win rate—a modest historical batting average. The company trades at a P/E of 26.46, above typical market medians, which is contextual to the valuation at which this director chose to add to his position.