---
schema_version: "secwatch.filing_event.v1"
accession: "0001829576-26-000040"
form_type: "8-K"
ticker: "CARE"
cik: "0001829576"
company_name: "Carter Bankshares, Inc."
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:21:45.302486+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Carter Bankshares completes sale of Bearing Insurance Group; expects $35.8M pre-tax gain in Q2 2026

## Summary
- Sold membership interest in Bearing Insurance Group, LLC to unaffiliated third party, effective May 1, 2026.
- Estimated pre-tax gain of approximately $35.8 million, to be recognized in Q2 2026.
- Transaction completed on May 1, 2026, per filing.

## SEC filing metadata
- accession: 0001829576-26-000040
- form_type: 8-K
- ticker: CARE
- cik: 0001829576
- company_name: Carter Bankshares, Inc.
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829576/000182957626000040/0001829576-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829576/000182957626000040/care-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829576-26-000040
- JSON: https://secwatch.observer/filing/0001829576-26-000040.json
- Plain text: https://secwatch.observer/filing/0001829576-26-000040.txt

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