---
schema_version: "secwatch.filing_event.v1"
accession: "0001829576-25-000041"
form_type: "8-K"
ticker: "CARE"
cik: "0001829576"
company_name: "Carter Bankshares, Inc."
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:25:10.141436+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Carter Bankshares authorizes $20M share repurchase program through May 2026

## Summary
- Board authorized up to $20 million in common stock repurchases through May 14, 2026.
- Repurchases may be executed via open market or privately negotiated transactions, including Rule 10b5-1 plans.
- Management will determine timing and amount based on market price, conditions, liquidity, and regulatory requirements.
- Program is discretionary; board may modify or terminate at any time, with no obligation to purchase any shares.

## SEC filing metadata
- accession: 0001829576-25-000041
- form_type: 8-K
- ticker: CARE
- cik: 0001829576
- company_name: Carter Bankshares, Inc.
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829576/000182957625000041/0001829576-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829576/000182957625000041/care-20250519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829576-25-000041
- JSON: https://secwatch.observer/filing/0001829576-25-000041.json
- Plain text: https://secwatch.observer/filing/0001829576-25-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.