Davis Jane Ann 4

What Happened

• Jane Ann Davis, EVP & Chief Administrative Officer of Carter Bankshares (CARE), had 309 shares withheld to satisfy a tax liability (code F). The withholding was recorded at $20.98 per share for a total value of $6,483 on 2026-03-04. This was an administrative withholding, not an open-market sale.

Key Details

• Transaction date and price: 2026-03-04 at $20.98 per share
• Shares withheld/disposed: 309 shares; total value ≈ $6,483
• Shares owned after transaction: Not specified in the filing
• Footnote/transaction code: F = payment of exercise price or tax liability via share withholding (common when awards vest or options are exercised)
• Filing timeliness: Form filed 2026-03-13 for a 2026-03-04 transaction (filed late relative to the usual 2-business-day Form 4 deadline)

Context

• This was a tax-withholding/net-share settlement (shares withheld to cover taxes), not a market sale—routine for vested awards or option exercises and not necessarily indicative of the insider’s view on the stock.