Carter Bankshares director acquires 47,810 shares

Available on EDGAR 11/13/2026 - 03:37 PM EST Accepted by SEC EDGAR 11/13/2026 - 03:37 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Carter Bankshares, Inc. (CARE) director Elizabeth L. Walsh reported a direct acquisition of 47,810 shares and a 367,771-share disposition by EASG, LLC on November 13, 2026. The EASG transaction was a pro rata liquidating distribution connected with the LLC’s dissolution; Walsh was a non-managing member. Her direct holdings after the acquisition were 105,838 shares. Other reported indirect holdings included 4,769 shares through Carriage Square and 16,000 through Lester Family Holdings.

Insider Trade Summary

Other: 415,581 shares

Other 2 txns

Insider Walsh Elizabeth L.

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock F1	47,810	$0.00	$0.00
Other	Common Stock F1	367,771	$0.00	$0.00
Holding	Common Stock	--	--	--
Holding	Common Stock	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 105,838 shares (Direct); Common Stock — 367,771 shares (Indirect, by EASG, LLC); Common Stock — 4,769 shares (Indirect, by Carriage Square); Common Stock — 16,000 shares (Indirect, by Lester Family Holdings)

Holdings Before and After: Common Stock, 58,028 to 105,838 shares (Direct); Common Stock, 735,542 to 367,771 shares (Indirect, by EASG, LLC)

Footnotes (1)

1. F1. Reflects a pro rata liquidating distribution in connection with the dissolution of EASG, LLC of which the reporting person was a non-managing member. In prior reports, the reporting person reported beneficial ownership of 367,771 shares of Issuer common stock held by EASG, LLC.

Key Figures

Direct shares acquired: 47,810 shares Direct shares held after acquisition: 105,838 shares EASG, LLC shares disposed: 367,771 shares +2 more

5 metrics

Direct shares acquired 47,810 shares Reported by director Elizabeth L. Walsh on November 13, 2026

Direct shares held after acquisition 105,838 shares Reported following the November 13, 2026 transaction

EASG, LLC shares disposed 367,771 shares Pro rata liquidating distribution on November 13, 2026

Shares held through Carriage Square 4,769 shares Indirect holding reported on November 13, 2026

Shares held through Lester Family Holdings 16,000 shares Indirect holding reported on November 13, 2026

Key Terms

pro rata liquidating distribution, non-managing member, beneficial ownership

3 terms

pro rata liquidating distribution financial

"pro rata liquidating distribution in connection with the dissolution of EASG, LLC"

non-managing member technical

"the reporting person was a non-managing member"

beneficial ownership financial

"reported beneficial ownership of 367,771 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What CARE share transactions did Elizabeth L. Walsh report?

On November 13, 2026, Carter Bankshares director Elizabeth L. Walsh acquired 47,810 shares directly, while EASG, LLC disposed of 367,771 shares. Walsh’s direct holdings after the acquisition were 105,838 shares.

Why did EASG, LLC report a 367,771-share disposition?

The disposition was described as a pro rata liquidating distribution in connection with EASG, LLC’s dissolution. Walsh was a non-managing member, and prior reports had disclosed the same 367,771 shares as held by EASG, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Walsh Elizabeth L.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2026

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								4,769	I	by Carriage Square
Common Stock								367,771	I	by EASG, LLC
Common Stock								16,000	I	by Lester Family Holdings
Common Stock	11/13/2026	11/13/2026	J		47,810(1)	A	$0	105,838	D
Common Stock	11/13/2026	11/13/2026	J		367,771(1)	D	$0	0	I	by EASG, LLC

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. Reflects a pro rata liquidating distribution in connection with the dissolution of EASG, LLC of which the reporting person was a non-managing member. In prior reports, the reporting person reported beneficial ownership of 367,771 shares of Issuer common stock held by EASG, LLC.

Remarks:

	/s/ Lisa J. Correll, Attorney-in-Fact	11/13/2026
	** 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)