4Filed Sep 1, 8:00 PM ET
ALERUS (ALRS) Director Jeffrey Bolton Buys 1,000 Shares
$ALRS · ALERUS FINANCIAL CORPResearch Summary
AI-generated summary of this SEC filing
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.