Davis Jane Ann 4

What Happened
Jane Ann Davis, EVP and Chief Administrative Officer of Carter Bankshares (CARE), had 296 shares disposed/withheld at $24.24 each (total ≈ $7,175) on April 20, 2026. The transaction is coded "F" — payment of exercise price or tax liability — indicating shares were surrendered to cover tax obligations rather than a market sale.

Key Details

• Transaction date: 2026-04-20; filing date: 2026-04-21 (filed timely the next day).
• Price per share: $24.24; shares withheld/disposed: 296; total value ≈ $7,175.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote/implication: This appears to be tax withholding related to an equity award or option exercise (a routine administrative disposition, not an outright sell for cash).

Context
"F" transactions typically reflect shares retained or surrendered to cover taxes from a stock grant or option exercise (a cashless/withholding action). These routine withholdings do not necessarily signal insider sentiment about the company’s stock. Purchases are generally more informative about insider confidence than withholding or routine dispositions.