ALERUS FINANCIAL CORP — Director's Dealing 2023

Mar 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2023-03-17

Reporting Person: Lorenson Katie A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-17	Common Stock	P	905	$16.56	Acquired	37398	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1081.7130	Indirect

Footnotes

F1: Includes 6,526 shares of restricted stock. Includes 9,188 shares held jointly with Ms. Lorenson's spouse.

F2: Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.