---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-029099"
form_type: "8-K"
ticker: "ALRS"
cik: "0000903419"
company_name: "ALERUS FINANCIAL CORP"
filed_at: "2026-08-27T20:02:24+00:00"
generated_at: "2026-08-27T20:04:07.138767+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alerus declares $0.22 quarterly dividend (+4.76% YoY) and authorizes new 1.25M share buyback

## Summary
- Cash dividend of $0.22/share declared Aug 26, 2026; payable Oct 9, 2026 to record Sept 25, 2026; up 4.76% YoY.
- New stock repurchase program authorizes up to 1,250,000 shares, expiring Aug 26, 2029; effective after prior program completes 1M shares or expires.
- Prior program had ~320,033 shares remaining as of Aug 26, 2026 and is scheduled to expire Feb 18, 2027.
- Repurchases may occur in open market under Rule 10b-18 or via 10b5-1 plans; no obligation to repurchase.

## SEC filing metadata
- accession: 0001437749-26-029099
- form_type: 8-K
- ticker: ALRS
- cik: 0000903419
- company_name: ALERUS FINANCIAL CORP
- filed_at: 2026-08-27T20:02:24+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903419/000143774926029099/0001437749-26-029099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903419/000143774926029099/alrs20260825_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-029099
- JSON: https://secwatch.observer/filing/0001437749-26-029099.json
- Plain text: https://secwatch.observer/filing/0001437749-26-029099.txt

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