Carter Bankshares (NASDAQ: CARE) director buys 4,575 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter Bankshares, Inc. director Elizabeth L. Walsh reported an open-market purchase of 4,575 shares of Common Stock at $26.20 per share. After this purchase, she directly owns 58,753 shares of Carter Bankshares Common Stock.
In addition to her direct holdings, the filing shows indirect ownership of 16,000 shares by Lester Family Holdings, 367,771 shares by EASG, LLC, and 4,769 shares by Carriage Square. These positions reflect shares held through affiliated entities rather than in her own name.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,575 shares ($119,865)
Net Buy
4 txns
Insider
Walsh Elizabeth L.
Role
null
Bought
4,575 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,575 | $26.20 | $120K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,753 shares (Direct, null);
Common Stock — 4,769 shares (Indirect, by Carriage Square)
Footnotes (1)
Key Figures
Shares purchased: 4,575 shares
Purchase price: $26.20 per share
Direct holdings after transaction: 58,753 shares
+3 more
6 metrics
Shares purchased
4,575 shares
Open-market purchase of Common Stock
Purchase price
$26.20 per share
Price paid for 4,575 purchased shares
Direct holdings after transaction
58,753 shares
Common Stock owned directly by Elizabeth L. Walsh after trade
Indirect holdings via Lester Family Holdings
16,000 shares
Common Stock held indirectly
Indirect holdings via EASG, LLC
367,771 shares
Common Stock held indirectly
Indirect holdings via Carriage Square
4,769 shares
Common Stock held indirectly
Key Terms
open-market purchase, Common Stock, indirect ownership, beneficially owned
4 terms
open-market purchase financial
"transaction_action": "open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "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": "indirect""
beneficially owned financial
"total_shares_following_transaction": "58753.0000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did CARE director Elizabeth Walsh report?
Elizabeth L. Walsh reported buying 4,575 shares of Carter Bankshares Common Stock in an open-market purchase at $26.20 per share. This transaction increased her direct holdings to 58,753 shares, according to the Form 4 filing data.