Form 4: Director Gifts Shares in Carter Bankshares
Insider Transaction Report
Carter Bankshares Director Elizabeth L. Walsh gifted 835 shares of common stock to her son on January 29, 2026.
Summary
- Director Elizabeth L. Walsh disposed of 835 shares of Carter Bankshares, Inc. common stock.
- The transaction occurred on January 29, 2026, and was a gift to her son.
- The shares were disposed of at a price of $0 per share.
- Following this transaction, Ms. Walsh directly beneficially owns 55,078 shares of common stock.
- She also indirectly beneficially owns shares through Carriage Square (4,769 shares), EASG, LLC (367,771 shares), and Lester Family Holdings (16,000 shares).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for insider reporting related to personal asset transfers rather than a reflection of company performance or strategic shifts.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, such as gifts, are routine disclosures and typically do not reflect broader industry trends or competitive positioning. This specific transaction is a personal estate planning matter for a director.
Related Party Transactions
- Elizabeth L. Walsh, a director, gifted 835 shares of common stock to her son.
Stakeholder Impact
- Shareholders: Minimal direct impact on overall share structure or market liquidity due to the small number of shares involved.
- Employees, Customers, Suppliers, Creditors: No discernible impact as this is a personal transaction by a director.
Key Dates
| Date | Description |
|---|---|
| 2024-12-18 | Execution date of Power of Attorney by Elizabeth L. Walsh. |
| 2026-01-29 | Date of gift transaction of 835 common shares by Elizabeth L. Walsh and filing date of Form 4. |
Keywords
Carter Bankshares, CARE, Elizabeth L. Walsh, Form 4, Insider Transaction, Stock Gift, Director Shareholding, Beneficial Ownership
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