Langs Bradford N. 4

What Happened Bradford N. Langs, President and Chief Strategy Officer of Carter Bankshares (CARE), had 638 shares withheld to satisfy a tax obligation on March 4, 2026. The withholding was done at $20.98 per share for an aggregate value of about $13,385. This was a tax-withholding disposition (not an open-market sale) rather than a purchase.

Key Details

• Transaction date: 2026-03-04
• Filing date: 2026-03-13 (filed nine days after the transaction; typically Form 4s are due within two business days)
• Shares withheld/disposed: 638 at $20.98 each (~$13,385)
• Transaction code: F (payment of exercise price or tax liability — shares withheld to cover taxes)
• Shares owned after transaction: not specified in the provided filing excerpt
• Timeliness: filing appears late relative to the usual Form 4 deadline

Context A Code F disposition usually means shares were withheld to cover taxes arising from an option exercise or a stock award vesting. Because the shares were withheld for tax purposes rather than sold on the open market, this transaction is generally considered administrative and less indicative of the insider’s view of the company’s stock price.