secwatch.observer — SEC 8-K summary
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Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2025-03-18T23:59:59+00:00
Accession:  0001829576-25-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Carter Bankshares director Matthews to retire, board to shrink from 12 to 11
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- Director E. Warren Matthews notified board of retirement, will not stand for re-election at May 28, 2025 annual meeting.
- Matthews will serve until end of current term; departure is not due to any disagreement with management.
- Board plans to reduce size from 12 to 11 directors effective after the annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957625000020/0001829576-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957625000020/care-20250318.htm
  HTML page:      https://secwatch.observer/filing/0001829576-25-000020

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