Adams Arthur Loran 4

What Happened
Arthur L. Adams, EVP and Director of Regulatory Risk Management at Carter Bankshares (CARE), was granted 3,240 shares as a restricted stock award on June 30, 2026. The Form 4 shows an acquisition price of $0.00 (typical for compensation grants); this is an award of company stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; transaction type: Award/Grant (code A).
• Shares granted: 3,240; acquisition price reported: $0.00.
• Vesting: Restricted Stock Awards — 3-year vesting schedule (1/3 vests each year) (footnote).
• Filing date: 2026-07-02 (appears filed within the normal 2-business-day Form 4 window).
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax withholding, or cashless sale noted in the available filing information.

Context
Restricted stock awards are a form of compensation and typically vest over time; they are not the same as an insider buying shares on the open market. Such awards align executive incentives with shareholders but do not necessarily signal the insider’s short-term market view.