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.

CFO Villalon Alan bought 2,350 shares of ALRS at $21.21, raising holdings 28.5%; stock down 13.9% from 52-week high.

CFO and EVP Alan Villalon purchased 2,350 shares at $21.21, increasing his position from 8,237 to 10,587 shares (+28.5% by count). The purchase occurs against a backdrop of recent weakness: ALRS is trading at $20.97, down 8.2% over the prior 30 days and down 13.9% from its 52-week high of $24.36. Villalon's own prior open-market purchase at this same ticker in May 2023 was well-timed at the 90-day mark, with the stock appreciating 33.9% over that window. The company's fundamentals remain intact with $13.3M in net income and a P/E of 21.62, though the recent price retreat has created valuation context for this transaction. Investors should monitor whether this accumulation by a senior financial officer—particularly given his prior successful timing at ALRS—represents conviction, or whether subsequent quarters reveal material headwinds that prompted the recent selloff.

EVP Wilson Forrest buys 5,000 ALRS shares at $19.93; holdings rise 54.3% to 14,204 shares

Wilson Forrest, EVP & Chief Ret. Svcs. Officer, purchased 5,000 shares of ALERUS FINANCIAL CORP at $19.93 on 2025-05-01, increasing his holdings by 54.3% from 9,204 to 14,204 shares. The purchase price of $19.93 sits at the lower end of the 52-week range ($16.11–$24.36), approximately 5% below the current price of $20.97, and the stock has risen 26.3% over the past 30 days following a 90-day decline of 3.4%. While the absolute dollar commitment of $99,650.00 demonstrates material personal capital deployment, the P/E of 58.25 relative to net income of $5,207,000.00 suggests a richly valued company by historical standards. The transaction merits observation as an open-market purchase by a senior executive, though the overall significance is moderated by the company's elevated valuation multiple and the modest size of the position relative to the company's market cap of $531,859,069.35.

ALRS CEO Katie A Lorenson bought 1,000 shares at $20.30; stock down 18.0% from 52-week high, CEO now holds 44,507 shares.

Chief Executive Officer Katie A Lorenson purchased 1,000 shares of ALERUS FINANCIAL CORP at $20.30 on 2024-11-01, increasing her holdings by 2.3% to 44,507 shares. The purchase occurs against a backdrop of recent price weakness, with the stock trading 18.0% below its 52-week high of $24.50 and down 11.5% over the past 30 days. Notably, Lorenson's prior open-market buy at ALRS on 2023-05-12 showed strong subsequent performance with a 90-day return of +40.6%, establishing a pattern where her prior buying decision coincided with favorable price appreciation. The current valuation presents an elevated P/E of 167.33 against net income of $5,207,000.00, suggesting the stock's recent decline and insider buying activity merit investor attention to understand the company's near-term trajectory.