Kallsen Tony E 4

What Happened

• Tony E. Kallsen, Senior Executive VP and Chief Credit Officer of Carter Bankshares (CARE), was granted 5,472 restricted common shares on 2026-06-30. The award was issued at $0.00 per share (standard equity compensation), so no cash changed hands. This is an equity compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-02 (filed timely).
• Shares granted: 5,472; grant price reported: $0.00 (value reported as $0 on Form 4).
• Shares owned after transaction: not specified in the filing.
• Footnote: Restricted Stock Awards vest over 3 years (1/3 vests each year) — F1 on the filing.
• Transaction type: Award/Grant (A). No 10b5-1, sale, or tax-withholding detail reported.

Context

• Restricted stock awards are a form of compensation that typically cannot be sold until they vest; here the grant vests in three annual installments. Grants are a routine executive compensation practice and do not by themselves indicate an immediate bullish or bearish insider signal in the way an outright purchase or sale would.