---
schema_version: "secwatch.filing_event.v1"
accession: "0001829576-26-000012"
form_type: "8-K"
ticker: "CARE"
cik: "0001829576"
company_name: "Carter Bankshares, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:43:18.169011+00:00"
event_type: "other"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Carter Bankshares authorizes $10M share repurchase program

## Summary
- Board authorized repurchase of up to $10M in common stock over 12 months.
- Program subject to non-objection from Federal Reserve Bank of Richmond.
- Repurchases may occur in open market or private transactions, including 10b5-1 plans.
- Company not obligated to repurchase any specific number of shares; program may be modified or terminated.

## SEC filing metadata
- accession: 0001829576-26-000012
- form_type: 8-K
- ticker: CARE
- cik: 0001829576
- company_name: Carter Bankshares, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other
- 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/1829576/000182957626000012/0001829576-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829576/000182957626000012/care-20260202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829576-26-000012
- JSON: https://secwatch.observer/filing/0001829576-26-000012.json
- Plain text: https://secwatch.observer/filing/0001829576-26-000012.txt

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