secwatch.observer — SEC 8-K summary
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Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001829576-23-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Two Carter Bankshares directors to retire, board to shrink to 11
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- Directors Robert W. Conner and Lanny A. Kyle will not stand for re-election at the May 24, 2023 Annual Meeting.
- Both will continue serving until the end of their current term at the Annual Meeting.
- Departures involve no disagreement with management or board on any matter.
- Board size expected to decrease from 13 to 11 after the Annual Meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957623000012/0001829576-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957623000012/care-20230310.htm
  HTML page:      https://secwatch.observer/filing/0001829576-23-000012

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