Carter Bankshares (CARE) director Walsh gifts 725 shares to mother
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter Bankshares, Inc. director Elizabeth L. Walsh reported a Form 4 showing a bona fide gift of 725 shares of Common Stock to her mother. After this gift, she directly holds 58,028 shares of Common Stock.
The filing also lists indirect holdings in Carter Bankshares Common Stock, including 16,000 shares held by Lester Family Holdings, 367,771 shares held by EASG, LLC, and 4,769 shares held by Carriage Square. These entries describe ownership positions rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
725 shares gifted
Mixed
4 txns
Insider
Walsh Elizabeth L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 725 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,028 shares (Direct, null);
Common Stock — 4,769 shares (Indirect, by Carriage Square)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 725 shares
Direct holdings after transaction: 58,028 shares
Indirect holdings via Lester Family Holdings: 16,000 shares
+3 more
6 metrics
Gifted shares
725 shares
Bona fide gift of Common Stock on 2026-05-08
Direct holdings after transaction
58,028 shares
Common Stock held directly by Elizabeth L. Walsh after gift
Indirect holdings via Lester Family Holdings
16,000 shares
Common Stock held indirectly as of 2026-05-08
Indirect holdings via EASG, LLC
367,771 shares
Common Stock held indirectly as of 2026-05-08
Indirect holdings via Carriage Square
4,769 shares
Common Stock held indirectly as of 2026-05-08
Gift price per share
$0.0000 per share
Price reported for bona fide gift transaction
Key Terms
bona fide gift, indirect ownership, transactionSummary
3 terms
bona fide gift financial
"The transaction_code_description is listed as "Bona fide gift" for the 725-share transfer."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Several entries show indirect ownership with nature_of_ownership such as "by Lester Family Holdings" and "by EASG, LLC"."
transactionSummary financial
"The transactionSummary indicates a giftCount of 1 and giftShares of 725, with no buys or sells."
FAQ
What insider transaction did CARE director Elizabeth L. Walsh report?
Elizabeth L. Walsh reported a bona fide gift of 725 shares of Carter Bankshares Common Stock. The Form 4 shows this as a G-code transaction, indicating a gift transfer rather than a market sale or purchase, with no price paid per share.
Was the reported CARE insider transaction a buy or sell in the market?
The reported transaction was not a market buy or sell. It was a G-code bona fide gift of 725 shares, labeled as a gift transfer to the reporting person’s mother, with a price per share of 0.0000 in the filing.