Carter Bankshares (CARE) Director Gregory W. Feldmann Gifts 280 Shares

What Happened
Gregory W. Feldmann, a director of Carter Bankshares, reported a gift of 280 common shares on August 4, 2026. The shares were valued at $35.16 each for a total reported value of $9,845. This was a gift (transaction code G), which is a disposition of shares rather than a market sale or purchase.

Key Details

• Transaction date and price: 2026-08-04 at $35.16 per share (total ~$9,845).
• Transaction type: G (Gift) — reported as a disposal.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — gift to a university alumni organization.
• Filing timeliness: Form 4 filed 2026-08-05 (appears timely; Form 4s are generally due within two business days).

Context
Gifts by insiders are commonly for personal or philanthropic reasons and do not necessarily signal the insider’s view of the company’s stock. This filing documents a charitable transfer rather than a purchase or sale intended to realize investment gain.