STOCK TITAN

Director at Carter Bankshares (CARE) sells 1,000 shares, retains stake

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Carter Bankshares, Inc. director James W. Haskins sold shares of the company’s common stock. On May 5, 2026, he completed an open-market sale of 1,000 shares at $26.04 per share. Following the sale, he directly holds 62,702 shares and 1,751 shares are held indirectly by his spouse.

Positive

  • None.

Negative

  • None.
Insider Haskins James W.
Role null
Sold 1,000 shs ($26K)
Type Security Shares Price Value
Sale Common Stock 1,000 $26.04 $26K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 62,702 shares (Direct, null); Common Stock — 1,751 shares (Indirect, By spouse)
Footnotes (1)
Shares sold 1,000 shares Open-market sale of common stock on May 5, 2026
Sale price per share $26.04 per share Price for the 1,000 common shares sold
Direct holdings after transaction 62,702 shares Common stock directly owned by Haskins after sale
Indirect holdings by spouse 1,751 shares Common stock indirectly owned, nature of ownership “By spouse”
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title for each transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"ownership_type is indirect with nature of ownership noted as By spouse"
Form 4 regulatory
"insider filing data is identified as a Form 4 insider report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Haskins James W.

(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)
05/05/2026
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)

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 Stock1,751IBy spouse
Common Stock05/05/2026S1,000D$26.0462,702D
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-Fact05/06/2026
** 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)

FAQ

What did Carter Bankshares (CARE) director James W. Haskins report in this Form 4?

James W. Haskins reported an open-market sale of Carter Bankshares common stock. He sold 1,000 shares on May 5, 2026, and after the transaction he directly owned 62,702 shares, with an additional 1,751 shares held indirectly through his spouse.

How many Carter Bankshares (CARE) shares did James W. Haskins sell and at what price?

He sold 1,000 shares of Carter Bankshares common stock at a price of $26.04 per share. This open-market sale was reported as a non-derivative transaction and reflects a relatively small portion of his total reported shareholdings.

What are James W. Haskins’ Carter Bankshares (CARE) holdings after this Form 4 transaction?

After the reported sale, he directly owns 62,702 shares of Carter Bankshares common stock. The filing also shows 1,751 additional shares held indirectly, noted as owned by his spouse, indicating a separate indirect ownership position alongside his direct holdings.

How does the Form 4 describe the nature of James W. Haskins’ indirect Carter Bankshares (CARE) ownership?

The Form 4 lists 1,751 shares of Carter Bankshares common stock as indirectly owned, with the nature of ownership described as “By spouse.” This indicates those shares are attributed to him through his spouse rather than being directly held in his own name.

Was the Carter Bankshares (CARE) transaction by James W. Haskins an open-market sale?

Yes. The Form 4 identifies the transaction code as “S” and describes it as an open-market sale of common stock. This code signifies a sale in the market or a private transaction, rather than a grant, option exercise, gift, or tax withholding event.