INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

ALERUS FINANCIAL NA's Holding History (CIK: 0000919458)

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

Q4 2025

Shares 45,143 Value ($000) $13,372 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 44,371 Value ($000) $12,520 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 42,457 Value ($000) $12,515 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 45,837 Value ($000) $11,398 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 44,127 Value ($000) $9,700 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 44,286 Value ($000) $9,791 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 52,574 Value ($000) $9,093 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 52,600 Value ($000) $10,044 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 53,008 Value ($000) $8,669 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 54,172 Value ($000) $7,600 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 57,397 Value ($000) $7,680 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 53,551 Value ($000) $7,020 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 52,022 Value ($000) $7,329 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 50,466 Value ($000) $5,996 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 51,084 Value ($000) $7,213 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 59,329 Value ($000) $7,714 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 51,253 Value ($000) $6,850 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 37,130 Value ($000) $5,158 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 36,200 Value ($000) $5,307 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 39,049 Value ($000) $5,204 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 38,431 Value ($000) $4,838 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 37,686 Value ($000) $4,585 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 37,255 Value ($000) $4,499 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 36,946 Value ($000) $4,098 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 37,433 Value ($000) $5,017 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 33,567 Value ($000) $4,881 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 19,654 Value ($000) $2,710 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 16,966 Value ($000) $2,393 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 2,644 Value ($000) $300 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 2,644 Value ($000) $399 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 2,644 Value ($000) $369 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 2,644 Value ($000) $405 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 2,644 Value ($000) $405 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 2,644 Value ($000) $384 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 3,044 Value ($000) $469 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 3,124 Value ($000) $544 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 3,044 Value ($000) $505 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 3,044 Value ($000) $483 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 3,146 Value ($000) $477 Avg Close $95.13 Range $90.08 - $99.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	45,143	$13,372	$298.78	$262.11 - $324.90
Q3 2025	44,371	$12,520	$259.55	$232.08 - $292.01
Q2 2025	42,457	$12,515	$253.82	$210.49 - $292.56
Q1 2025	45,837	$11,398	$239.40	$209.20 - $261.47
Q4 2024	44,127	$9,700	$216.31	$196.83 - $233.32
Q3 2024	44,286	$9,791	$188.97	$166.24 - $216.80
Q2 2024	52,574	$9,093	$165.85	$154.39 - $183.50
Q1 2024	52,600	$10,044	$172.56	$148.54 - $189.10
Q4 2023	53,008	$8,669	$141.50	$126.39 - $156.49
Q3 2023	54,172	$7,600	$131.75	$120.98 - $141.33
Q2 2023	57,397	$7,680	$118.05	$110.47 - $128.27
Q1 2023	53,551	$7,020	$120.73	$110.43 - $131.92
Q4 2022	52,022	$7,329	$123.05	$102.35 - $137.32
Q3 2022	50,466	$5,996	$115.64	$105.06 - $124.09
Q2 2022	51,084	$7,213	$117.50	$107.95 - $126.60
Q1 2022	59,329	$7,714	$112.10	$102.68 - $121.43
Q4 2021	51,253	$6,850	$106.49	$97.83 - $117.62
Q3 2021	37,130	$5,158	$112.12	$106.97 - $117.48
Q2 2021	36,200	$5,307	$113.44	$102.70 - $121.73
Q1 2021	39,049	$5,204	$98.07	$91.22 - $107.97
Q4 2020	38,431	$4,838	$93.41	$81.15 - $103.82
Q3 2020	37,686	$4,585	$93.86	$87.12 - $99.96
Q2 2020	37,255	$4,499	$91.40	$78.00 - $102.76
Q1 2020	36,946	$4,098	$98.28	$67.58 - $117.24
Q4 2019	37,433	$5,017	$99.90	$95.55 - $107.55
Q3 2019	33,567	$4,881	$102.47	$94.04 - $110.34
Q2 2019	19,654	$2,710	$98.62	$91.51 - $103.66
Q1 2019	16,966	$2,393	$94.64	$78.71 - $101.33
Q4 2018	2,644	$300	$87.95	$74.66 - $107.42
Q3 2018	2,644	$399	$101.25	$95.14 - $106.71
Q2 2018	2,644	$369	$99.95	$94.63 - $110.30
Q1 2018	2,644	$405	$107.30	$98.32 - $115.38
Q4 2017	2,644	$405	$102.11	$96.94 - $108.49
Q3 2017	2,644	$384	$96.87	$92.88 - $103.07
Q2 2017	3,044	$469	$103.77	$98.95 - $115.36
Q1 2017	3,124	$544	$114.39	$107.32 - $119.58
Q4 2016	3,044	$505	$103.05	$95.06 - $110.31
Q3 2016	3,044	$483	$101.76	$95.61 - $106.13
Q2 2016	3,146	$477	$95.13	$90.08 - $99.15