ALERUS (ALRS) Director Jeffrey Bolton Buys 1,000 Shares

What Happened
Jeffrey Bolton, a director of ALERUS Financial Corp (ALRS), made an open-market purchase of 1,000 shares on 2026-09-01 at $32.45 per share, for a total cost of $32,450. This was a straightforward purchase (transaction code P), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-09-01 — 1,000 shares at $32.45/share (total $32,450).
• Transaction type: Open-market purchase (code P).
• Filing: Form 4 filed 2026-09-02 reporting the 2026-09-01 transaction (timely filing).
• Holdings notes from the filing:
  • F1: Includes 1,000 shares held jointly with Mr. Bolton's spouse (the purchased shares).
  • F2: Includes 1,772 shares of restricted stock.
  • F3: Includes 4,567 shares held jointly with Mr. Bolton's spouse.
• No options exercised, awards, or gifts were reported in this transaction.

Context

• Purchases by insiders are often watched by retail investors as a potential positive signal, but they do not guarantee future company performance.
• The filing lists holdings detail via footnotes rather than a single post-transaction total; consult the official Form 4 (accession 0001437749-26-029458) for the full beneficial ownership breakdown.