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.
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 Trade Summary
Net Seller: 1,000 shares
Net Sell
2 txns
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)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $31.25 per share
Direct holdings after transaction: 16,856 shares
+3 more
6 metrics
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
Key Terms
indirect, Rule 10b5-1, open market or private transaction
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.