---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-017369"
form_type: "8-K"
ticker: "ALRS"
cik: "0000903419"
company_name: "ALERUS FINANCIAL CORP"
filed_at: "2026-05-15T20:02:55+00:00"
generated_at: "2026-05-15T20:09:24.749740+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Alerus holds 2026 annual meeting; all director nominees elected, comp say-on-pay passes

## Summary
- Nine director nominees elected with votes for ranging from 10.8M to 13.1M; no withhold votes exceeded 3.4M.
- Non-binding advisory vote on 2025 named executive officer compensation approved: 13.5M for, 462K against.
- Ratification of RSM US LLP as auditor for FY2026 approved: 20.4M for, 244K against.
- Quorum of 80.81% (20.65M shares) represented at the May 14, 2026 meeting.

## SEC filing metadata
- accession: 0001437749-26-017369
- form_type: 8-K
- ticker: ALRS
- cik: 0000903419
- company_name: ALERUS FINANCIAL CORP
- filed_at: 2026-05-15T20:02:55+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903419/000143774926017369/0001437749-26-017369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903419/000143774926017369/alrs20260515_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-017369
- JSON: https://secwatch.observer/filing/0001437749-26-017369.json
- Plain text: https://secwatch.observer/filing/0001437749-26-017369.txt

## Key facts
- Shareholder Votes
  ALERUS FINANCIAL CORP shareholders approved Election of nine director nominees to serve on the Board of Directors until the 2027 Annual Meeting at the 2026-05-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 1 : The election of nine (9) director nominees to serve on the Board of Directors of the Company until the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Director Nominee Votes For Votes Withheld Broker Non-Votes Daniel E. Coughlin 12,742,063 1,433,986 6,478,308 Randy L. Newman 10,813,971 3,362,078 6,478,308 Galen G. Vetter 12,876,320 1,299,729 6,478,308 Katie A. Lorenson 12,952,431 1,223,618 6,478,308 Janet O. Estep 12,299,613 1,876,436 6,478,308 Mary E. Zimmer 12,936,989 1,239,060 6,478,308 Nikki L. Sorum 13,065,204 1,110,845 6,478,308 John Uribe 12,897,761 1,278,288 6,478,308 Jeffrey W. Bolton 13,109,347 1,066,702 6,478,308
  evidence_url: https://www.sec.gov/Archives/edgar/data/903419/000143774926017369/0001437749-26-017369-index.htm
- Shareholder Votes
  ALERUS FINANCIAL CORP shareholders approved Approval, on a non-binding advisory basis, of the 2025 compensation paid to the Company's named executive officers at the 2026-05-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 2: For the approval, on a non-binding advisory basis, of the 2025 compensation paid to the Company’s named executive officers: Votes For Votes Against Abstentions Broker Non-Votes 13,525,678 462,923 187,447 6,478,309
  evidence_url: https://www.sec.gov/Archives/edgar/data/903419/000143774926017369/0001437749-26-017369-index.htm
- Shareholder Votes
  ALERUS FINANCIAL CORP shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 3 : The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Votes For Votes Against Abstentions Broker Non-Votes 20,405,133 244,190 3,648 1,386
  evidence_url: https://www.sec.gov/Archives/edgar/data/903419/000143774926017369/0001437749-26-017369-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.