4Filed Jul 29, 8:00 PM ET
Carter Bankshares (CARE) President Bradford Langs Sells 2,500 Shares
$CARE · Carter Bankshares, Inc.Research Summary
AI-generated summary of this SEC filing
Carter Bankshares (CARE) President Bradford Langs Sells 2,500 Shares
What Happened
- Bradford N. Langs, President and Chief Strategy Officer of Carter Bankshares (ticker: CARE), reported a sale of 2,500 shares on July 30, 2026. The shares were disposed at $34.54 each for a total reported value of $86,340. The filing lists the transaction as an open-market or private sale (code S). Sales are often routine liquidity events and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: 2026-07-30
- Price per share: $34.54; Total proceeds: $86,340
- Transaction type: Sale (reported as open-market/private sale, Form 4 code S)
- Shares owned after transaction: Not specified in the information provided
- Notable footnotes: No 10b5-1 trading plan, tax withholding, or other special footnotes indicated in the provided details
- Filing timeliness: No late filing was indicated in the provided data
Context
- This was a straightforward sale of common stock. For retail investors, purchases typically carry more weight as a bullish signal; sales can be routine (diversification, tax planning, etc.). There is no indication from the provided filing that this was part of a planned program or a derivative transaction.