STOCK TITAN

Carter Bankshares (CARE) director sells 1,500 shares of common stock

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Carter Bankshares, Inc. director Robert M. Bolton reported an indirect sale of 1,500 shares of Common Stock on July 30, 2026 at $34.60 per share, executed through Iron Bay Fund (Limited Partner). After this transaction, he reports 55,000 indirectly held shares and 12,629 directly held shares.

Positive

  • None.

Negative

  • None.
Insider Bolton Robert M.
Role Director
Sold 1,500 shs ($52K)
Type Security Shares Price Value
Sale Common Stock 1,500 $34.60 $52K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 55,000 shares (Indirect, by Iron Bay Fund (Limited Partner)); Common Stock — 12,629 shares (Direct)
Shares sold 1,500 shares Common Stock sold on 2026-07-30 as an indirect transaction
Sale price $34.60 per share Price for the 1,500-share Common Stock sale on 2026-07-30
Indirect holdings after sale 55,000 shares Indirect Common Stock ownership following the transaction
Direct holdings after sale 12,629 shares Direct Common Stock ownership reported in the holding entry
Net shares sold 1,500 shares Net buy/sell direction reported as net-sell for this Form 4
Common Stock financial
"Security title for the reported non-derivative equity transaction is 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 reported as indirect with nature "by Iron Bay Fund (Limited Partner)""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
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.
sale in open market or private transaction financial
"Transaction code description is "Sale in open market or private transaction""

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FAQ

What insider transaction did Carter Bankshares (CARE) director Robert M. Bolton report?

Robert M. Bolton, a director of Carter Bankshares, reported an indirect sale of 1,500 Common Stock shares on July 30, 2026. The transaction is described as a sale in open market or private transaction and is reported under his indirect ownership.

How many Carter Bankshares (CARE) shares did Bolton sell and at what price?

Bolton reported selling 1,500 shares of Carter Bankshares Common Stock at $34.60 per share. The sale was recorded as a non-derivative transaction and classified as a sale in open market or private transaction under his indirect ownership.

How many Carter Bankshares (CARE) shares does Bolton own after the reported sale?

Following the reported sale, Bolton reports 55,000 indirectly owned shares and 12,629 directly owned shares of Carter Bankshares Common Stock. The indirect holdings are reported with the ownership nature noted as by Iron Bay Fund (Limited Partner).

Were Bolton’s Carter Bankshares (CARE) share sales under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmatively checked, indicating the transaction is not designated as under a Rule 10b5-1 plan. No footnote in the data provided states that the sale occurred pursuant to a pre-arranged trading plan.

How are Bolton’s indirect holdings in Carter Bankshares (CARE) characterized?

Bolton’s indirect ownership is reported as 55,000 Common Stock shares held with the nature of ownership described as “by Iron Bay Fund (Limited Partner)”. This indicates the shares are held through that entity rather than as directly registered in his own name.

Does Bolton’s Form 4 for Carter Bankshares (CARE) show any derivative securities activity?

The Form 4 data shows no derivative transactions, with the derivative transaction count at zero and an empty derivative summary. All reported positions relate to Carter Bankshares Common Stock, categorized as non-derivative equity securities.
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*
Bolton Robert M.

(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)
07/30/2026
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 Stock07/30/2026S1,500D$34.655,000Iby Iron Bay Fund (Limited Partner)
Common Stock12,629D
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-Fact07/30/2026
** 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)