Alerus Financial Reports Officer/Director Changes and Compensation

Ticker: ALRS · Form: 8-K · Filed: Feb 16, 2024 · CIK: 903419

Alerus Financial Corp 8-K Filing Summary
FieldDetail
CompanyAlerus Financial Corp (ALRS)
Form Type8-K
Filed DateFeb 16, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$1.00
Sentimentneutral

Sentiment: neutral

Topics: executive-changes, compensation, 8-K

TL;DR

**Alerus Financial just filed an 8-K about executive changes and pay, but the details aren't in this snippet!**

AI Summary

Alerus Financial Corporation filed an 8-K on February 16, 2024, reporting an event that occurred on February 14, 2024. The filing pertains to the departure or election of directors or certain officers and compensatory arrangements for certain officers. The specific details of these changes, including names and dollar amounts, are not provided in the excerpt.

Why It Matters

This filing indicates potential shifts in Alerus Financial's leadership or executive compensation structure, which could influence future strategic decisions and financial performance.

Risk Assessment

Risk Level: low — The filing itself is a standard disclosure of an event, and without specific details of the changes, the immediate risk is low.

Key Players & Entities

  • ALERUS FINANCIAL CORP (company) — Filing registrant
  • Delaware (company) — State of incorporation
  • February 14, 2024 (date) — Date of earliest event reported
  • February 16, 2024 (date) — Filing date
  • 401 Demers Avenue Grand Forks , North Dakota 58201 (company) — Principal Executive Offices

FAQ

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant as specified in its charter is Alerus Financial Corporation.

What was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported was February 14, 2024.

What is the state of incorporation for Alerus Financial Corporation?

Alerus Financial Corporation is incorporated in Delaware.

What is the business phone number for Alerus Financial Corporation?

The business phone number for Alerus Financial Corporation is (701) 795-3200.

What items are reported in this 8-K filing?

The 8-K filing reports on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

Filing Stats: 472 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2024-02-16 16:05:39

Key Financial Figures

  • $1.00 — nge on which registered Common Stock, $1.00 par value per share ALRS The Nasdaq

Filing Documents

SignatureS

SignatureS Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 16, 2024 Alerus Financial Corporation By: /s/ Katie A. Lorenson Name: Katie A. Lorenson Title: President and Chief Executive Officer

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