STOCK TITAN

Carter Bankshares director sells 1,000 shares

Director Catharine L. Midkiff reported a 1,000-share sale of Carter Bankshares stock and now holds 18,056 shares directly and indirectly combined.

(Neutral)
(Negative)
Form Type
4/A

Rhea-AI Filing Summary

Carter Bankshares, Inc. (CARE) director Catharine L. Midkiff reported selling 1,000 shares of common stock on September 11, 2026 at $31.25 per share in an open market or private transaction. After this sale, she holds 16,856 shares directly and 1,200 shares indirectly through her spouse. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider Midkiff Catharine L.
Role Director
Sold 1,000 shs ($31K)
Type Security Shares Price Value
Sale Common Stock 1,000 $31.25 $31K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 16,856 shares (Direct); Common Stock — 1,200 shares (Indirect, By spouse)
Shares sold 1,000 shares Common stock sale reported for September 11, 2026
Sale price per share $31.25 per share Price for 1,000-share sale on September 11, 2026
Direct holdings after transaction 16,856 shares Direct common stock ownership after the sale
Indirect holdings after transaction 1,200 shares Indirect ownership by spouse after the reported transaction
Net insider share change -1,000 shares Net change from reported buy/sell transactions in this filing
Reported sell transactions 1 transaction Number of sell transactions in this Form 4/A
indirect financial
"Indirect ownership type is reported as "By spouse" for 1,200 shares"
Rule 10b5-1 regulatory
"The filing indicates whether transactions were made under a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Transaction code description states a sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CARE director Catharine L. Midkiff report?

She reported a sale of 1,000 shares of Carter Bankshares, Inc. common stock on September 11, 2026 in an open market or private transaction at $31.25 per share.

How many CARE shares does Catharine L. Midkiff own after this Form 4/A?

After the reported sale, she owns 16,856 shares directly and 1,200 shares indirectly through her spouse, for a total of 18,056 shares reported in this filing.

Was the CARE stock sale made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed.

What price did Catharine L. Midkiff receive for the CARE shares sold?

The 1,000 shares of Carter Bankshares, Inc. common stock were sold at $31.25 per share, as reported in the Form 4/A.

Does Catharine L. Midkiff hold any CARE shares indirectly?

Yes. The filing reports 1,200 shares held indirectly by her spouse, in addition to her 16,856 directly held shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Midkiff Catharine L.

(Last)(First)(Middle)
1300 KINGS MOUNTAIN RD

(Street)
MARTINSVILLE VIRGINIA 24112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Carter Bankshares, Inc. [ CARE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
09/11/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock1,200IBy spouse
Common Stock09/11/2026S1,000D$31.2516,856D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Lisa J. Correll, Attorney-in-fact09/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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