Davis Jane Ann 4

What Happened Jane Ann Davis, EVP and Chief Administrative Officer of Carter Bankshares (CARE), received a grant of 1,850 restricted shares on April 27, 2026. The reported acquisition price is $0.00, indicating these were awarded shares rather than a market purchase or sale.

Key Details

• Transaction date: 2026-04-27; Form 4 filed: 2026-04-29 (appears filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,850; acquisition price reported: $0.00.
• Vesting: Restricted stock with a 3-year vesting schedule; fully vests on 2029-04-27 (footnote).
• Shares owned after the transaction: not specified in the filing.
• No tax withholding, sale, or 10b5-1 plan noted in the filing.

Context This filing documents a standard restricted stock award to an executive. Awards like this are common for compensation and retention and do not represent an open-market buy or sell. The grant will only convert to unrestricted shares if and when the vesting conditions are met on 4/27/2029.