Langs Bradford N. 4

What Happened
Bradford N. Langs, President and Chief Strategy Officer of Carter Bankshares (CARE), was granted 8,649 shares on 2026-06-30 as an award/acquisition (Form 4 code A). The shares were issued at no cash cost (reported price $0.00), giving a reported acquisition value of $0. These are restricted stock awards subject to a three-year vesting schedule (one-third vesting each year).

Key Details

• Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02).
• Transaction type/code: Award/Acquisition (A); price per share $0.00; total reported value $0.
• Vesting note: Restricted Stock Awards — 3-year vesting, 1/3 vest each year (footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed on 2026-07-02 reporting the 6/30 acquisition (no late-filing flag provided).

Context
Restricted stock awards are a form of compensation, not an open-market purchase, and typically align executive incentives with shareholder value over the vesting period. Investors should view this as compensation-related insider activity rather than a direct bullish purchase signal; monitor upcoming vesting dates and any future sales or additional grants for changes in insider ownership.