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Compiled from SEC Form N-PX filings and Alerus Financial Corporation’s Form 8-K, filed 2026-05-15 (Item 5.07 on EDGAR). Page generated 04 October 2026.
Proxy season: 2024-2025 2025-2026
Explore Alerus Financial Corporation in the interactive database Compare manager voting policies
These tallies are Alerus Financial Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-15 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Daniel E. Coughlin | 12,742,063 | -- | -- | 1,433,986 | 6,478,308 | Majority: yes |
| Elect Director: Randy L. Newman | 10,813,971 | -- | -- | 3,362,078 | 6,478,308 | Majority: yes |
| Elect Director: Galen G. Vetter | 12,876,320 | -- | -- | 1,299,729 | 6,478,308 | Majority: yes |
| Elect Director: Katie A. Lorenson | 12,952,431 | -- | -- | 1,223,618 | 6,478,308 | Majority: yes |
| Elect Director: Janet O. Estep | 12,299,613 | -- | -- | 1,876,436 | 6,478,308 | Majority: yes |
| Elect Director: Mary E. Zimmer | 12,936,989 | -- | -- | 1,239,060 | 6,478,308 | Majority: yes |
| Elect Director: Nikki L. Sorum | 13,065,204 | -- | -- | 1,110,845 | 6,478,308 | Majority: yes |
| Elect Director: John Uribe | 12,897,761 | -- | -- | 1,278,288 | 6,478,308 | Majority: yes |
| Elect Director: Jeffrey W. Bolton | 13,109,347 | -- | -- | 1,066,702 | 6,478,308 | Majority: yes |
| Proposal 2: For the approval, on a non-binding advisory basis, of the 2025 compensation paid to the Company's named executive officers: | 13,525,678 | 462,923 | 187,447 | -- | 6,478,309 | Majority: yes |
| Proposal 3: The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026: | 20,405,133 | 244,190 | 3,648 | -- | 1,386 | Majority: yes |
Source: Alerus Financial Corporation, Form 8-K, filed with the SEC on 2026-05-15 — read the filing on EDGAR.
Each item below shows how the 171 asset managers that disclosed a Alerus Financial Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 5 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Proposal 2: For the approval, on a non-binding advisory basis, of the 2025 compensation paid to the Company's named executive officers:”): 13,525,678 for, 462,923 against, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 53.8% for, 2% against (56% of the company cast a for/against vote).
The 170 asset managers below cast 99.8% of the shares they voted on this item FOR (9,840,169 for, 12,567 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,336,264 | 0 | 0 | 0 | For |
| Vanguard | 1,292,329 | 1 | 0 | 0 | For |
| American Century | 629,441 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 606,460 | 0 | 0 | 0 | For |
| Fidelity | 526,645 | 0 | 0 | 0 | For |
| ENDEAVOUR CAPITAL ADVISORS INC | 451,319 | 0 | 0 | 0 | For |
| M3F, Inc. | 411,163 | 0 | 0 | 0 | For |
| Charles Schwab | 402,573 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| Stieven Capital Advisors, L.P. | 338,924 | 0 | 0 | 0 | For |
| Dimensional | 335,642 | 0 | 0 | 0 | For |
| BANC FUNDS CO LLC | 332,165 | 0 | 0 | 0 | For |
| AllianceBernstein | 242,581 | 0 | 0 | 0 | For |
| AQR | 190,938 | 0 | 0 | 0 | For |
| Federated Hermes | 190,404 | 0 | 0 | 0 | For |
| Northern Trust | 166,028 | 0 | 0 | 0 | For |
| Wellington | 152,258 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| SEI | 106,786 | 0 | 0 | 0 | For |
| ACADIAN ASSET MANAGEMENT LLC | 84,590 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 76,487 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| CSM Advisors, LLC | 64,130 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
Showing the 25 largest of 170 asset managers. See all 170 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Proposal 3: The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026:”): 20,405,133 for, 244,190 against, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 81% for, 1.0% against (82% of the company cast a for/against vote).
The 56 asset managers below cast 100% of the shares they voted on this item FOR (4,483,945 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,289 | 0 | 0 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 227,859 | 0 | 0 | 0 | For |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 18,067 | 0 | 0 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.
Combines 6 wordings of this item as funds reported it.
90% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Daniel E. Coughlin”): 12,742,063 for, 1,433,986 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 50.7% for, 6% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,139,938 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,118,407 | 0 | 882 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 69,188 | 0 | Abstain |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 0 | 0 | 19,197 | 0 | Abstain |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Galen G. Vetter”): 12,876,320 for, 1,299,729 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 51.2% for, 5% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,231,777 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,286 | 0 | 3 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
87% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Janet O. Estep”): 12,299,613 for, 1,876,436 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 48.9% for, 7% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (3,873,503 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,118,405 | 0 | 884 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 0 | 0 | 201,269 | 0 | Abstain |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 69,188 | 0 | Abstain |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 0 | 0 | 53,215 | 0 | Abstain |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 0 | 0 | 19,197 | 0 | Abstain |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Jeffrey W. Bolton”): 13,109,347 for, 1,066,702 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 52.2% for, 4% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,235,838 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,287 | 0 | 2 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: John Uribe”): 12,897,761 for, 1,278,288 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 51.3% for, 5% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,099,136 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,286 | 0 | 3 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 0 | 0 | 134,737 | 0 | Abstain |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Katie A. Lorenson”): 12,952,431 for, 1,223,618 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 51.5% for, 5% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,235,837 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,286 | 0 | 3 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Mary E. Zimmer”): 12,936,989 for, 1,239,060 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 51.5% for, 5% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,214,065 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,286 | 0 | 3 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 0 | 0 | 19,197 | 0 | Abstain |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Nikki L. Sorum”): 13,065,204 for, 1,110,845 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 52.0% for, 4% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (4,235,838 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,119,287 | 0 | 2 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 201,269 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 69,188 | 0 | 0 | 0 | For |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 53,215 | 0 | 0 | 0 | For |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 28,625 | 0 | 0 | 0 | For |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 19,197 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 16,209 | 0 | 0 | 0 | For |
| Invesco | 16,127 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 14,680 | 0 | 0 | 0 | For |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Combines 6 wordings of this item as funds reported it.
76% Majority: yes · of votes cast
Alerus Financial Corporation’s own tally for this item (“Elect Director: Randy L. Newman”): 10,813,971 for, 3,362,078 withheld, per its Form 8-K filed 2026-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 25,128,646 outstanding shares: 43% for, 13% withheld (56% of the company cast a for/withheld vote).
The 54 asset managers below cast 100% of the shares they voted on this item FOR (3,751,729 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,118,399 | 0 | 889 | 0 | For |
| BlackRock | 843,540 | 0 | 0 | 0 | For |
| Fidelity | 518,373 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 342,721 | 0 | 0 | 0 | For |
| American Century | 310,551 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 227,859 | 0 | Abstain |
| Charles Schwab | 0 | 0 | 201,269 | 0 | Abstain |
| Keeley Funds, Inc. | 134,737 | 0 | 0 | 0 | For |
| Federated Hermes | 94,130 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 80,211 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 69,188 | 0 | Abstain |
| WisdomTree | 59,496 | 0 | 0 | 0 | For |
| SEI | 0 | 0 | 53,215 | 0 | Abstain |
| Equitable | 49,214 | 0 | 0 | 0 | For |
| TIAA | 39,015 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 38,267 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 0 | 0 | 28,625 | 0 | Abstain |
| JPMorgan | 26,464 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 22,075 | 0 | 0 | 0 | For |
| Goldman Sachs | 0 | 0 | 19,197 | 0 | Abstain |
| Lincoln Financial | 17,578 | 0 | 489 | 0 | For |
| Pacific Life | 16,891 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 0 | 0 | 16,209 | 0 | Abstain |
| Invesco | 0 | 0 | 16,127 | 0 | Abstain |
| MASTER INVESTMENT PORTFOLIO | 0 | 0 | 14,680 | 0 | Abstain |
Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.
Ranked by the number of Alerus Financial Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 25,128,646 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 5.32% |
| 2 | Vanguard | 5.14% |
| 3 | American Century | 2.50% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 2.41% |
| 5 | Fidelity | 2.10% |
| 6 | ENDEAVOUR CAPITAL ADVISORS INC | 1.80% |
| 7 | M3F, Inc. | 1.64% |
| 8 | Charles Schwab | 1.60% |
| 9 | Columbia Threadneedle | 1.36% |
| 10 | Stieven Capital Advisors, L.P. | 1.35% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 7.01% | 13F |
| Vanguard Group | 5.13% | 13F |
| Dimensional Fund Advisors | 3.53% | 13F |
| Geode Capital | 2.46% | 13F |
| State Street | 1.96% | 13F |
| Goldman Sachs | 1.46% | 13F |
| Morgan Stanley | 1.21% | 13F |
| AQR Capital | 1.07% | 13F |
| Wellington Management | 0.96% | 13F |
| Charles Schwab | 0.82% | 13F |
Percentages above are of 25,128,646 shares outstanding, as reported by Alerus Financial Corporation on its Form 10-Q dated 2026-04-28 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Alerus Financial Corporation’s 10-Q dated 2026-04-28. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.
At Alerus Financial Corporation's shareholder meeting held 2026-05-14, in the 2025-2026 proxy season, 171 asset managers reported how they voted on 11 ballot items in their SEC Form N-PX filings, covering 1,794 separate fund positions. On the most widely held item on that ballot — Approve, on a non-binding advisory basis, the compensation paid to our named executive officers. — FOR was 97% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Alerus Financial Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-05-15.
Alerus Financial Corporation proxy season coverage: 2024-2025 · 2025-2026 (this page).