secwatch.observer — SEC 8-K summary
======================================

Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001829576-26-000012
Event type: other
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter Bankshares authorizes $10M share repurchase program
----------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000012/0001829576-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000012/care-20260202.htm
  HTML page:      https://secwatch.observer/filing/0001829576-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer