ALERUS FINANCIAL CORP — Director's Dealing 2023

May 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2023-05-15

Reporting Person: Villalon Alan (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-15	Common stock	P	1000	$14.40	Acquired	9287	Direct

Footnotes

F1: Includes 5,287 shares of restricted stock.