4/A: Alerus Financial EVP Amends Stock Withholding Disclosure
Amendment to Insider Transaction Report
Alerus Financial EVP Jim Collins filed an amended Form 4 to correct the number of shares withheld for tax liabilities from restricted stock vesting.
Summary
- Jim Collins, Executive Vice President, Chief Banking Officer, and Chief Risk Officer of Alerus Financial Corp (ALRS), filed an amended Form 4 (Form 4/A).
- The amendment corrects an error in a previously filed Form 4 regarding shares withheld for tax liabilities upon the vesting of restricted stock.
- The original Form 4, filed on January 2, 2026, incorrectly reported 1,582 shares withheld.
- The correct number of common shares actually withheld for tax payment on December 31, 2025, was 1,878.
- The shares were valued at $22.32 per share for this transaction.
- Following this transaction, Jim Collins directly beneficially owns 11,416 shares of Alerus Financial Corp common stock.
Sentiment
Score: 5
Explanation: Neutral. This filing is a routine compliance amendment correcting a minor administrative error in an insider transaction. It has no material impact on the company's financial health or outlook.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of transaction where shares were withheld for tax liability. |
| 01/02/2026 | Date the original Form 4 was filed. |
| 01/13/2026 | Date the amended Form 4/A was signed by power of attorney. |
Keywords
Alerus Financial, ALRS, Jim Collins, Form 4/A, SEC filing, beneficial ownership, restricted stock, tax withholding, insider transaction
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