Carter Bankshares (CARE) president Langs sells 2500.0000 shares at $34.5358
Rhea-AI Filing Summary
Carter Bankshares, Inc. insider Bradford N. Langs, President and Chief Strategy Officer, reported a sale of 2500.0000 shares of Common Stock on 2026-07-30 in a sale in open market or private transaction at $34.5358 per share. After this transaction, Langs directly holds 33242.0000 shares of Carter Bankshares Common Stock. The filing indicates the Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares
Net Sell
1 txn
Insider
Langs Bradford N.
Role
PRESIDENT, CHIEF STRATEGY OFCR
Sold
2,500 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $34.5358 | $86K |
Holdings After Transaction:
Common Stock — 33,242 shares (Direct)
Key Figures
Shares Sold: 2500.0000 shares
Sale Price: $34.5358 per share
Post-Transaction Holdings: 33242.0000 shares
+1 more
4 metrics
Shares Sold
2500.0000 shares
Common Stock sold by Bradford N. Langs on 2026-07-30
Sale Price
$34.5358 per share
Price for the 2500.0000-share Common Stock sale
Post-Transaction Holdings
33242.0000 shares
Directly held Common Stock after the reported sale
Net Shares Sold
2500 shares
Net buy/sell shares in this Form 4 transaction summary
Key Terms
sale in open market or private transaction, Rule 10b5-1
2 terms
sale in open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not selected"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CARE report for Bradford N. Langs?
Carter Bankshares (CARE) reported that Bradford N. Langs sold 2500.0000 shares of Common Stock at $34.5358 per share on 2026-07-30, described as a sale in an open market or private transaction.
Was Bradford N. Langs’ CARE trade under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 trading plan checkbox was not selected, meaning the reported Carter Bankshares (CARE) sale is not affirmed as executed pursuant to a Rule 10b5-1 trading plan.