Executive Vice President and Chief Financial Officer · ALERUS FINANCIAL CORP (ALRS)

Alan Villalon

A named executive officer of ALERUS FINANCIAL in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$768,688

FY2024: $661,479

5th of 5 named executive officers at Alerus Financial by FY2025 total.

5 named officers on file for ALERUS FINANCIAL, FY2025

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What this number hides

The filing gives the total. ALERUS FINANCIAL’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 1, 2026 (DEF 14A).

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Alan Villalon compensation by year

ALERUS FINANCIAL Summary Compensation Table · all 2 fiscal years held
In US dollars, as ALERUS FINANCIAL reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$345,000$360,000
Bonus$0$0
Stock awards$138,000$162,000
Option awards$0$0
Non-equity incentive$143,520$203,040
Pension and deferred compensation$0$0
All other$34,959$43,648
Total$661,479$768,688

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ALERUS FINANCIAL CORP DEF 14A filed April 1, 2026, accession 0001437749-26-010883, and prior-year filings.

How this page was built: the ALERUS FINANCIAL CORP filed document, accession 0001437749-26-010883. Every figure is read from that document and cited to the page and table it appears in. Filed April 1, 2026.

$661K
$769K
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU11,372$256,097—
RSU7,583$170,769—

Per the Outstanding Equity Awards at Fiscal Year-End table in ALERUS FINANCIAL CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

ALERUS FINANCIAL’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Katie LorensonPresident and Chief Executive Officer$1,630,180
Jim CollinsExecutive Vice President and Chief Banking and Revenue Officer$967,397
Karin TaylorExecutive Vice President and Chief Operating Officer$848,787
Forrest WilsonExecutive Vice President and Chief Retirement Services Officer$816,197
Alan Villalon · this pageExecutive Vice President and Chief Financial Officer$768,688

Alan Villalon's compensation dossier, ALERUS FINANCIAL

You have read Alan Villalon's totals and holdings. The dossier adds each equity grant ALERUS FINANCIAL disclosed for Alan Villalon and ALERUS FINANCIAL's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full ALERUS FINANCIAL compensation record

free company brief

This page is one person within ALERUS FINANCIAL's record. The company brief lists every named executive, each linking to their own page.

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ALERUS FINANCIAL's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Alan Villalon's compensation dossier