ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

Torren Management, LLC's Holding History (CIK: 0002096203)

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

Q4 2025

Shares 150 Value ($000) $3 Avg Close $21.62 Range $20.12 - $23.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	150	$3	$21.62	$20.12 - $23.60