Uribe John 4
Research Summary
AI-generated summary
Alerus (ALRS) Director John Uribe Receives Award
What Happened
John Uribe, a director of Alerus Financial Corporation (ALRS), was granted 1,772 shares on May 22, 2026 as part of the company's annual director award. The shares were issued at $0.00 (no cash paid) and the filing notes these are restricted stock awarded under the company's equity plan.
Key Details
- Transaction date: 2026-05-22. Filing date: 2026-05-27 (appears to have been filed after the transaction date).
- Type: Award/Grant (code A). Shares granted: 1,772 at $0.00; total cash value shown as $0.
- Footnotes: F1 — shares issued under the Alerus Financial Corporation 2019 Equity Incentive Plan; F2 — the grant consists of 1,772 restricted shares.
- Shares owned after the transaction: not disclosed in the provided filing.
Context
This was a routine director compensation award (restricted stock). Such grants are standard non-buying, non-selling events used to compensate directors and do not, by themselves, indicate a buy/sell signal about the company. The later filing date may be notable to compliance-minded investors but does not change the nature of the award.