ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

GSA CAPITAL PARTNERS LLP's Holding History (CIK: 0001362033)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 49,079 Value ($000) $1 Avg Close $21.62 Range $20.12 - $23.60

Q3 2025

Shares 44,082 Value ($000) $1 Avg Close $21.76 Range $19.88 - $23.88

Q2 2025

Shares 22,275 Value ($000) $0 Avg Close $19.46 Range $15.34 - $21.90

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	49,079	$1	$21.62	$20.12 - $23.60
Q3 2025	44,082	$1	$21.76	$19.88 - $23.88
Q2 2025	22,275	$0	$19.46	$15.34 - $21.90