Carter Bankshares (CARE) awards EVP 1,650 restricted stock shares

Rhea-AI Filing Summary

Adams Arthur Loran reported acquisition or exercise transactions in this Form 4 filing.

Carter Bankshares, Inc. executive vice president Arthur Loran Adams reported receiving a grant of 1,650 shares of common stock as equity compensation. The award was granted at a price of $0.00 per share, reflecting a restricted stock grant rather than an open-market purchase.

According to the filing, Adams now holds 13,062 shares of Carter Bankshares common stock directly following this award. A footnote states that these restricted stock awards have three-year vesting and will fully vest on April 27, 2029, tying the value to the executive’s continued service over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Adams Arthur Loran

Role EVP, DIRECTOR OF REG RISK MNGT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,650	$0.00	--

Holdings After Transaction: Common Stock — 13,062 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 1,650 shares Grant price: $0.00 per share Post-grant holdings: 13,062 shares +1 more

4 metrics

Restricted stock grant 1,650 shares Common Stock grant to EVP on April 27, 2026

Grant price $0.00 per share Equity compensation, non-market award

Post-grant holdings 13,062 shares Total direct common stock held after transaction

Vesting date April 27, 2029 Restricted stock fully vests after three-year vesting schedule

Key Terms

Restricted Stock, vesting, grant, award, or other acquisition

3 terms

Restricted Stock financial

"Restricted Stock awards 3 year vesting- fully vesting on 4/27/2029"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vesting financial

"Restricted Stock awards 3 year vesting- fully vesting on 4/27/2029"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

Adams Arthur Loran

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, DIRECTOR OF REG RISK MNGT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

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	04/27/2026		A		1,650(1)	A	$0	13,062	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- fully vesting on 4/27/2029

Remarks:

	/s/ Abigail E. McGuire, Attorney-in-Fact	04/29/2026
	** 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 insider transaction did Carter Bankshares (CARE) report for Arthur Loran Adams?

Carter Bankshares reported that EVP Arthur Loran Adams received a grant of 1,650 shares of common stock at $0.00 per share as equity compensation. This was classified as a grant or award acquisition, not an open-market purchase or sale.

How many Carter Bankshares (CARE) shares does Arthur Loran Adams hold after this grant?

After the reported restricted stock grant, Arthur Loran Adams holds 13,062 shares of Carter Bankshares common stock directly. This total includes the newly awarded 1,650 shares, which are subject to vesting conditions over a defined multi-year period ending in 2029.

Was the Carter Bankshares (CARE) insider transaction a market buy or a compensation grant?

The transaction was a compensation-related grant, not a market purchase. Arthur Loran Adams received 1,650 shares of common stock at a stated price of $0.00 per share, classified as a grant, award, or other acquisition under the Form 4 transaction code A.

When do Arthur Loran Adams’ restricted Carter Bankshares (CARE) shares vest?

The restricted stock awards have a three-year vesting schedule and will fully vest on April 27, 2029. Until vesting, the shares are typically subject to forfeiture conditions, aligning the executive’s incentives with the company’s long-term performance and retention goals.

What does the Form 4 transaction code A indicate in the Carter Bankshares (CARE) filing?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition rather than an open-market trade. In this case, it reflects a restricted stock grant of 1,650 shares to EVP Arthur Loran Adams as part of his equity-based compensation package.