Executive stock award at Carter Bankshares (CARE) totals 8,649 shares

Rhea-AI Filing Summary

Langs Bradford N. reported acquisition or exercise transactions in this Form 4 filing.

Carter Bankshares, Inc. reported that President and Chief Strategy Officer Bradford N. Langs received a grant of 8,649 shares of Common Stock on June 30, 2026. The award is a restricted stock grant with three-year vesting, in which one-third of the shares vest each year. The shares were granted at no cash cost to Langs and represent equity-based compensation rather than an open-market purchase. Following this grant, Langs directly holds 35,742 shares of Carter Bankshares common stock.

Insights

Executive compensation analyst

Routine equity compensation grant to senior executive, not a market trade.

Bradford N. Langs, President and Chief Strategy Officer of Carter Bankshares, Inc., received 8,649 shares of restricted Common Stock as compensation. The grant was priced at $0.00 per share, indicating it is an award rather than a purchase.

The footnote states this is a Restricted Stock Award with three-year vesting, one-third each year. Such vesting schedules are designed to retain executives and align them with shareholders over time. Because this is not an open-market transaction, it does not signal an active buy or sell decision.

After the award, Langs directly holds 35,742 shares of Common Stock. This filing mainly updates disclosed ownership and compensation structure; its impact on existing shareholders depends on overall share count and prior grants, which are not detailed in this excerpt.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Langs Bradford N.

Role PRESIDENT, CHIEF STRATEGY OFCR

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,649	$0.00	--

Holdings After Transaction: Common Stock — 35,742 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted shares granted: 8,649 shares Grant price per share: $0.00 per share Shares held after grant: 35,742 shares +2 more

5 metrics

Restricted shares granted 8,649 shares Restricted Stock Award to Bradford N. Langs on June 30, 2026

Grant price per share $0.00 per share Equity compensation award, not an open-market purchase

Shares held after grant 35,742 shares Total direct Common Stock holdings after the transaction

Vesting period 3 years Restricted Stock Award vests over three years

Annual vesting portion 1/3 each year One-third of restricted shares vest per year

Key Terms

Restricted Stock Awards, Common Stock, grant, award, or other acquisition

3 terms

Restricted Stock Awards financial

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

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

Common Stock financial

"security_title: Common Stock in the reported transaction"

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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 12:56 PM Accepted by SEC EDGAR 07/02/2026 - 12:56 PM Learn about SEC filing dates

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A		8,649(1)	A	$0	35,742	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)

Remarks:

	/s/ Lisa J. Correll, Attorney-in-fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Bradford N. Langs receive in this Carter Bankshares (CARE) Form 4 filing?

Bradford N. Langs received an equity award of 8,649 shares of Carter Bankshares Common Stock. The shares are a restricted stock grant provided at no cash cost as part of his executive compensation package.

How does the restricted stock for Bradford N. Langs at Carter Bankshares (CARE) vest?

The restricted stock award vests over three years, with one-third of the 8,649 shares vesting each year. This schedule encourages long-term alignment between the executive and shareholders by tying full ownership to continued service.

Did Bradford N. Langs buy Carter Bankshares (CARE) shares on the open market?

No, Bradford N. Langs did not buy shares on the open market. He received 8,649 shares of Common Stock as a restricted stock award at a price of $0.00 per share, which is standard for equity compensation grants.

How many Carter Bankshares (CARE) shares does Bradford N. Langs hold after this grant?

After the restricted stock grant, Bradford N. Langs directly holds 35,742 shares of Carter Bankshares Common Stock. This total includes the newly awarded 8,649 restricted shares, which will vest in equal installments over three years.

What does the Form 4 for Carter Bankshares (CARE) indicate about insider trading activity?

The Form 4 shows an acquisition of 8,649 shares through a restricted stock award, not a market trade. There are no reported open-market purchases or sales, so this filing primarily reflects routine executive compensation and updated ownership.