Form 4: Alerus Financial Corp Executive Forrest Wilson Acquires 5,000 Shares
SEC Form 4
Forrest Wilson, EVP & Chief Ret. Svcs. Officer of Alerus Financial Corp, purchased 5,000 shares of common stock on May 1, 2025.
Summary
- On May 1, 2025, Forrest Wilson, an executive at Alerus Financial Corp, acquired 5,000 shares of the company's common stock.
- The purchase was made at a weighted average price of $19.93 per share, with individual prices ranging from $19.68 to $20.14.
- Following the transaction, Wilson directly owns 14,204 shares, including 9,204 shares of restricted stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. An executive purchasing shares can be seen as a positive sign, but without more context, it's difficult to gauge the overall impact.
Positives
- Executive's purchase of company stock may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock purchase transaction |
| 05/05/2025 | Date of Form 4 filing |
Keywords
Alerus Financial Corp, Forrest Wilson, stock purchase, executive, ALRS, Form 4, beneficial ownership
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