{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-128453","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2021-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.154134+00:00","generated_at":"2026-06-28T19:27:19.273398+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Alerus Financial adds three new independent directors: Estep, Schurtz, Zimmer","bullets":["Board expanded to 10 members; new directors appointed effective Oct 20, 2021.","Janet Estep brings expertise in digital payments; retired CEO of Nacha.","Jill Schurtz is CEO/CIO of St. Paul Teachers’ Retirement Fund ($1.3B fund).","Mary Zimmer adds 35+ years in wealth management; former Wells Fargo Advisors Regional President.","All three are independent under Nasdaq standards; committees not yet assigned."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-128453","json":"https://secwatch.observer/filing/0001104659-21-128453.json","markdown":"https://secwatch.observer/filing/0001104659-21-128453.md","text":"https://secwatch.observer/filing/0001104659-21-128453.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000110465921128453/0001104659-21-128453-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000110465921128453/tm2130728d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T19:27:19.273398+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10d3e5d2a3","claim":"Mary E. Zimmer was appointed as Director at ALERUS FINANCIAL CORP.","evidence_excerpt":"the Board increased its size to 10 directors and appointed each of Janet O. Estep, Jill E. Schurtz and Mary E. Zimmer to the newly-created seats, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000110465921128453/0001104659-21-128453-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"49d6ef3c8c","claim":"Janet O. Estep was appointed as Director at ALERUS FINANCIAL CORP.","evidence_excerpt":"the Board increased its size to 10 directors and appointed each of Janet O. Estep, Jill E. Schurtz and Mary E. Zimmer to the newly-created seats, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000110465921128453/0001104659-21-128453-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"49ec6e6b72","claim":"Jill E. Schurtz was appointed as Director at ALERUS FINANCIAL CORP.","evidence_excerpt":"the Board increased its size to 10 directors and appointed each of Janet O. Estep, Jill E. Schurtz and Mary E. Zimmer to the newly-created seats, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000110465921128453/0001104659-21-128453-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}