Carter Bankshares (CARE) executive receives restricted stock and tax-share disposition

Rhea-AI Filing Summary

Carter Bankshares, Inc. reported that President and Chief Strategy Officer Bradford N. Langs received equity compensation in the form of restricted stock awards and had a small share disposition for tax purposes. On February 25, 2026, he acquired 3,689 shares of common stock as a restricted stock award with three-year vesting at one-third per year, and an additional 4,428 shares as a restricted stock award with three-year cliff vesting. On February 14, 2026, 781 shares of common stock were disposed of at $22.01 per share to satisfy tax withholding obligations, rather than an open-market sale.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Langs Bradford N.

Role PRESIDENT, CHIEF STRATEGY OFCR

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,689	$0.00	--
Grant/Award	Common Stock	4,428	$0.00	--
Tax Withholding	Common Stock	781	$22.01	$17K

Holdings After Transaction: Common Stock — 28,803 shares (Direct)

Footnotes (1)

1. Restricted Stock Awards - 3 year vesting (1/3 each year) Restricted Stock Awards - 3 year cliff vesting

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Langs Bradford N.

(Last) (First) (Middle)

1300 KINGS MOUNTAIN ROAD

(Street)

MARTINSVILLE VA 24112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Carter Bankshares, Inc. [ CARE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT, CHIEF STRATEGY OFCR

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/14/2026		F		781	D	$22.01	25,114	D
Common Stock	02/25/2026		A		3,689(1)	A	$0	28,803	D
Common Stock	02/25/2026		A		4,428(2)	A	$0	33,231	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Stock Awards - 3 year vesting (1/3 each year)

2. Restricted Stock Awards - 3 year cliff vesting

Remarks:

	/s/ Jessica R. Sikes, attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
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.

FAQ

What did Bradford N. Langs report in this Form 4 for CARE?

Bradford N. Langs reported receiving restricted stock awards and a small tax-related share disposition. He acquired 3,689 and 4,428 restricted shares, and 781 shares were withheld at $22.01 per share to cover tax obligations on equity compensation.

How many Carter Bankshares (CARE) shares did the executive acquire?

Bradford N. Langs acquired two restricted stock awards totaling 8,117 shares of Carter Bankshares common stock. One award covers 3,689 shares with three-year graded vesting, and the other covers 4,428 shares with three-year cliff vesting, both at no cash purchase price.

What is the vesting schedule of the CARE restricted stock awards?

The Form 4 shows two distinct vesting schedules. One restricted stock award of 3,689 shares vests over three years, one-third each year, while a separate 4,428-share award vests on a three-year cliff basis, meaning the entire award vests at the end of the three-year period.

Was there an open-market sale of CARE shares in this filing?

The filing shows no open-market sale. Instead, 781 shares of Carter Bankshares common stock were disposed of at $22.01 per share to satisfy tax withholding obligations related to equity compensation, categorized under transaction code F, not as a discretionary market sale.

How did these transactions affect Bradford N. Langs’ CARE share holdings?

After these transactions, reported direct holdings increased due to the restricted stock awards. Each line shows updated totals following the specific transaction, reflecting additional restricted shares granted and a small reduction from 781 shares withheld for taxes on compensation.

What do transaction codes A and F mean in this CARE Form 4?

Code A represents a grant, award, or other acquisition of shares, here used for the restricted stock awards at no purchase price. Code F represents shares disposed of to satisfy tax withholding or exercise price obligations, rather than a voluntary open-market purchase or sale.