Carter Bankshares, Inc.·4

May 11, 1:44 PM ET

Walsh Elizabeth L. 4

Research Summary

AI-generated summary

Updated

Carter Bankshares (CARE) Director Elizabeth L. Walsh Gifts 725 Shares

What Happened

  • Elizabeth L. Walsh, a director of Carter Bankshares, reported a gift of 725 shares on May 8, 2026. The filing shows a disposition of 725 shares at $0.00 per share (total reported value $0). This was a gift (transaction code G), not a market sale or purchase.

Key Details

  • Transaction date: 2026-05-08; Filing date (Form 4): 2026-05-11.
  • Price/consideration: $0.00 per share; total reported value $0.
  • Shares transferred: 725.
  • Footnote: F1 — gifted to her mother.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Timeliness: Filed on May 11 for a May 8 transaction — reported within the SEC’s two-business-day filing window.

Context

  • Gifts are transfers of ownership and do not necessarily reflect the insider’s view of the company’s prospects; they often relate to personal or estate planning. Because no cash changed hands, this is not a sale that would signal cashing out.

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