Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-30

Carter Bankshares, Inc. (CARE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,355,859
Litz Van Dyke total, FY2025
4th
CEO pay percentile vs peers
23:1
CEO-to-median pay ratio
94.41%
Say-on-pay support, latest vote
Companies that benchmark against CARE
9 companies name CARE as a compensation peer

Each company listed discloses CARE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CARE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Litz Van Dyke$703,114$122,648$300,030$0$183,300$0$46,767$1,355,859
CEO of the Company and the Bank
Bradford Langs577,78892,903160,0360138,828050,7191,020,274
President and Chief Strategy Officer of the Bank
Wendy Bell429,71863,289122,020094,586037,104746,717
CFO of the Company; Senior Executive Vice President and CFO of the Bank
Matthew Speare401,06355,909118,034083,554041,877700,437
Senior Executive Vice President and Chief Operations Officer of the Bank
Tony Kallsen365,44450,94680,018076,123035,716608,247
Senior Executive Vice President and Chief Credit Officer of the Bank

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Litz Van Dyke$1,355,859$1,307,912$784,630+47,947
Bradford Langs1,020,2741,026,011636,533−5,737
Wendy Bell746,717779,624494,583−32,907
Matthew Speare700,437725,783469,227−25,346
Tony Kallsen608,247630,861425,804−22,614

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jane Ann DavisEVP, CHIEF ADMIN. OFFICER2026-04-20D296$24$7,175CommonForm 4 ↗
Arthur Loran AdamsEVP, DIRECTOR OF REG RISK MNGT2026-04-27A1,65000CommonForm 4 ↗
Jane Ann DavisEVP, CHIEF ADMIN. OFFICER2026-04-27A1,85000CommonForm 4 ↗
James W. HaskinsDirector2026-05-05D1,0002626,040CommonForm 4 ↗
Elizabeth L. WalshDirector2026-05-06A4,57526119,865CommonForm 4 ↗
Elizabeth L. WalshDirector2026-05-08D72500CommonForm 4 ↗
Bradford LangsPRESIDENT, CHIEF STRATEGY OFCR2026-05-12D5,50026145,558CommonForm 4 ↗
Jane Ann DavisEVP, CHIEF ADMIN. OFFICER2026-05-21D261277,034CommonForm 4 ↗
Bradford LangsPRESIDENT, CHIEF STRATEGY OFCR2026-06-30A8,64900CommonForm 4 ↗
Wendy BellSENIOR EXECUTIVE VP, CFO2026-06-30A6,42800CommonForm 4 ↗
Matthew SpeareSEVP, CHIEF OPERATING OFFICER2026-06-30A5,00500CommonForm 4 ↗
Jane Ann DavisEVP, CHIEF ADMIN. OFFICER2026-06-30A3,60400CommonForm 4 ↗
Tony KallsenSEVP, CHIEF CREDIT OFFICER2026-06-30A5,47200CommonForm 4 ↗
Arthur Loran AdamsEVP, DIRECTOR OF REG RISK MNGT2026-06-30A3,24000CommonForm 4 ↗
Van Dyke Litz HDirector2026-06-30A12,30000CommonForm 4 ↗
Bradford LangsPRESIDENT, CHIEF STRATEGY OFCR2026-07-30D2,5003586,340CommonForm 4 ↗
Robert M. BoltonDirector2026-07-30D1,5003551,900CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Tony KallsenRSA2025-02-272,208$40,009
Tony KallsenPSU2025-02-274412,2082,42940,009
Wendy BellPSU2025-02-276733,3673,70461,010
Litz Van DykePSU2025-02-271,6558,2799,106150,015
Bradford LangsPSU2025-02-278834,4164,85780,018
Bradford LangsRSA2025-02-274,41680,018
Wendy BellRSA2025-02-273,36761,010
Matthew SpearePSU2025-02-276513,2573,58259,017
Matthew SpeareRSA2025-02-273,25759,017
Litz Van DykeRSA2025-02-278,279150,015
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Tony Kallsen$0$40,009$0100.0%
Wendy Bell061,0100100.0%
Litz Van Dyke0150,0150100.0%
Bradford Langs080,0180100.0%
Matthew Speare059,0170100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Matthew SpeareRSU812$15,964
Bradford LangsRSU3,59670,697
Matthew SpeareRSU3,25764,033
Bradford LangsRSU4,46487,762
Tony KallsenRSU81215,964
Tony KallsenRSU2,43747,911
Tony KallsenRSU2,82455,520
Wendy BellRSU2,72453,554
Matthew SpeareRSU65112,799
Matthew SpeareRSU2,43747,911
Bradford LangsRSU1,61931,830
Bradford LangsRSU88317,360
Wendy BellRSU67313,231
Wendy BellRSU3,32565,370
Tony KallsenRSU74314,607
Wendy BellRSU3,36766,195
Bradford LangsRSU2,81255,284
Matthew SpeareRSU2,61951,490
Tony KallsenRSU2,20843,409
Bradford LangsRSU1,67832,989
Wendy BellRSU1,27124,988
Wendy BellRSU1,22724,123
Tony KallsenRSU4418,670
Bradford LangsRSU4,41686,819
Matthew SpeareRSU3,10060,946
Tony KallsenRSU1,74134,228
Wendy BellRSU2,43747,911
Matthew SpeareRSU1,22224,025
05

Incentive-plan design — the Compensation Discussion & Analysis

The Committee considers the peer data to ensure that the Company s compensation programs are competitive and close to the median of market practices of the peer companies, although for certain positions the Company s cash and short-term incentive compensation remains slightly below the median of the peer group but within an overall competitive range.

CEO STI target (% of salary)65%
CEO LTI target (% of salary)
Independent consultantArthur J. Gallagher & Co.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2711,748,459695,815169,76794.41%Passed
20252025-05-2812,652,4561,006,69765,43292.63%Passed
20242024-05-2211,055,8731,789,635191,10086.07%Passed
20232023-05-2411,729,9351,972,642867,35485.6%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2794.41%a
20252025-05-2892.63%b
20242024-05-2286.07%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are counted for purposes of determining the presence or absence of a quorum for the transaction of business at the Annual Meeting, but will have no effect on the outcome of any of the proposals.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are counted for purposes of determining the presence or absence of a quorum for the transaction of business at the Annual Meeting, but will have no effect on the outcome of any of the proposals.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are counted for purposes of determining the presence or absence of a quorum for the transaction of business at the Annual Meeting, but will have no effect on the outcome of any of the proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)23 : 1
CEO total compensation$1,355,859
Median employee compensation$59,153
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James W. HaskinsNot independent · Board Chair$75,000$33,014$0$0$0$108,014
Gregory W. FeldmannIndependent · Lead Independent Director · Nominating and Compensation (Chair) · Investment/Interest Rate Risk (Chair) · ERM60,00033,01400093,014
Michael R. BirdIndependent · Audit (Chair)56,00033,01400089,014
Jacob A. Lutz, IIIIndependent · Nominating and Compensation · Credit Risk (Chair)50,00033,01400083,014
Catharine L. MidkiffIndependent · Audit50,00033,01400083,014
Elizabeth L. WalshIndependent · Audit · ERM (Chair)42,00033,01400075,014
Phyllis Q. KaravatakisNot independent42,00033,01400075,014
Curtis E. StephensIndependent · Nominating and Compensation42,00033,01400075,014
Robert M. BoltonIndependent · Credit Risk · ERM42,00033,01400075,014
Kevin S. BloomfieldIndependent · Audit · Nominating and Compensation42,00033,01400075,014
E. Warren MatthewsIndependent · Audit · Nominating and Compensation · Not standing for re-election · Departed during FY17,50033,01400050,514
Litz H. Van DykeEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$38,800
Annual equity retainer$30,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)7,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$518,500
Equity awards (grant-date value)$363,154
All other compensation$0
Total cost of the board$881,654

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Carter Bankshares, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Carter Bankshares, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1MVB Financial Corp.2025Larry Mazza$850,000$600,368$0$1,381,208$5,056,856
2Orrstown Financial Services, Inc.2025Thomas R. Quinn, Jr.812,317599,9690549,0544,222,617
3Stock Yards Bancorp, Inc.2025James Hillebrand875,000656,250218,7501,487,5003,380,337
4Capital City Bank Group, Inc.2025William G. Smith, Jr.511,667371,11001,284,2533,135,873
5Burke & Herbert Financial Services Corp.2025David Boyle868,846806,88701,064,6423,014,541
6First Financial Corporation2025Norman D. Lowery675,350523,5030486,2522,395,725
7Mid Penn Bancorp, Inc.2025Rory Ritrievi773,077257,2000334,4002,209,726
8Primis Financial Corp.2025Dennis Zember, Jr.748,590912,6000435,5782,185,079
9Univest Financial Corporation2025Jeffrey Schweitzer830,000539,5330663,2342,097,674
10Bar Harbor Bankshares2025Curtis Simard760,000494,0000627,0001,925,946
11City Holding Company2025Charles Hageboeck699,000404,8670796,8601,922,194
12Washington Trust Bancorp, Inc.2025Edward O. Handy III810,165486,8680440,0001,864,227
13Republic Bancorp, Inc.2025Logan Pichel698,174401,048197,291500,0001,819,342
14Great Southern Bancorp, Inc.2025Joseph Turner518,072093,756872,9701,815,277
15Shore Bancshares, Inc.2025James Burke700,000524,9780397,7171,772,098
16SmartFinancial, Inc.2025William Carroll, Jr.657,297476,7570509,4331,717,633
17Community Trust Bancorp, Inc.2025Mark Gooch721,962137,0900740,4001,639,760
18Arrow Financial Corporation2025David DeMarco715,850243,2650379,4011,572,406
19CNB Financial Corporation2025Michael D. Peduzzi653,993270,6720309,2731,500,484
20Peoples Bancorp Inc.2025Tyler Wilcox700,000259,1950416,8001,500,327
21HomeTrust Bancshares, Inc.2025C. Hunter Westbrook675,769349,4000422,5301,487,191
22C&F Financial Corporation2025Thomas Cherry600,000296,8040305,0001,471,984
23Carter Bankshares, Inc.2025Litz Van Dyke703,114300,0300183,3001,355,859
24First Community Bankshares, Inc.2025William Stafford499,612146,0380316,0201,122,497
25Peoples Financial Services Corp.2025Gerard Champi557,000162,4000204,0201,068,323

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Carter Bankshares, Inc.67%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR)Arthur J. Gallagher & Co.
Arrow Financial Corporation106%RSU 100not disclosedPearl Meyer & Partners, LLC
Bar Harbor Bankshares150%PSU 62 · RSU 38NoMeridian
Burke & Herbert Financial Services Corp.113%PSU 100Nonot disclosed
C&F Financial Corporation113%RSU 100NoMeridian Compensation Partners
Capital City Bank Group, Inc.160.63%PSU 60 · Cash LTI 40NoBlanchard Consulting Group
City Holding Company114%PSU 60 · RSU 40NoMcLagan
CNB Financial Corporation47.29%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Community Trust Bancorp, Inc.75%Cash LTI 100NoPearl Meyer
First Community Bankshares, Inc.85.61%PSU 70 · RSU 30NoAon plc (Human Capital Solutions practice)
First Financial Corporation126.05%RSU 100NoPearl Meyer
Great Southern Bancorp, Inc.not disclosedOption 100not disclosedPearl Meyer & Partners, LLC
HomeTrust Bancshares, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Mid Penn Bancorp, Inc.104.5%RSU 100not disclosedMeridian Compensation Partners
MVB Financial Corp.216.66%PSU 50 · RSU 50NoPay Governance LLC
Orrstown Financial Services, Inc.67%RSU 50 · PSU 50NoAon
Peoples Bancorp Inc.60%RSU 100NoPay Governance
Peoples Financial Services Corp.104%PSU 50 · RSU 50NoPearl Meyer & Partners, LLC
Primis Financial Corp.116%PSU 70 · RSU 30Nothe Consultant
Republic Bancorp, Inc.100%not disclosedNonot disclosed
Shore Bancshares, Inc.113.63%PSU 50 · RSU 50NoAon
SmartFinancial, Inc.127.3%RSU 100NoBlanchard Consulting Group
Stock Yards Bancorp, Inc.200%PSU 75 · Options 25NoAon's Human Capital Solutions
Univest Financial Corporation122.9%PSU 70 · RSU 30NoAon plc
Washington Trust Bancorp, Inc.108.6%PSU 50 · RSU 50NoMeridian

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Carter Bankshares, Inc. in fiscal 2025?
As disclosed, Litz Van Dyke was the highest-paid executive at Carter Bankshares, Inc. in fiscal 2025, with total compensation of $1,355,859.
How does Carter Bankshares, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that Carter Bankshares, Inc.'s chief executive pay was in the 4th percentile of its disclosed peer group.
What is Carter Bankshares, Inc.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 23:1.
How did shareholders vote on Carter Bankshares, Inc.'s executive compensation?
The filing shows that 94.41% of shareholders voted in support of Carter Bankshares, Inc.'s executive compensation.
How much does Carter Bankshares, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, total board compensation for Carter Bankshares, Inc. in fiscal 2025 was $881,654.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Litz Van DykeDEF 14A2026-04-150001829576-26-000027Section “Summary Compensation Table”. As printed: 1,355,859. Filing ↗machine: t13 · r2 · c7 · span 396094–396104
2Section 01, Bradford LangsDEF 14A2026-04-150001829576-26-000027Section “Summary Compensation Table”. As printed: 1,020,274. Filing ↗machine: r6 · c21 · span 405321–405331
3Section 01, Wendy BellDEF 14A2026-04-150001829576-26-000027Section “Summary Compensation Table”. As printed: 746,717. Filing ↗machine: r10 · c21 · span 414480–414488
4Section 01, Matthew SpeareDEF 14A2026-04-150001829576-26-000027Section “Summary Compensation Table”. As printed: 700,437. Filing ↗machine: r18 · c21 · span 433219–433227
5Section 01, Tony KallsenDEF 14A2026-04-150001829576-26-000027Section “Summary Compensation Table”. As printed: 608,247. Filing ↗machine: r14 · c21 · span 423714–423722
6Section 03, Tony Kallsen RSADEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r31 · c1 · span 624456–624461
7Section 03, Tony Kallsen PSUDEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r31 · c1 · span 624456–624461
8Section 03, Wendy Bell PSUDEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r23 · c1 · span 609202–609207
9Section 03, Litz Van Dyke PSUDEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r7 · c1 · span 578866–578871
10Section 03, Bradford Langs PSUDEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r15 · c1 · span 593896–593901
11Section 03, Bradford Langs RSADEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r15 · c1 · span 593896–593901
12Section 03, Wendy Bell RSADEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r23 · c1 · span 609202–609207
13Section 03, Matthew Speare PSUDEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r39 · c1 · span 639763–639768
14Section 03, Matthew Speare RSADEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r39 · c1 · span 639763–639768
15Section 03, Litz Van Dyke RSADEF 14A0001829576-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t18 · r7 · c1 · span 578866–578871
16Section 07, pay ratioDEF 14A2026-04-150001829576-26-000027Section “CEO Pay Ratio”. As printed: 23 : 1. Filing ↗machine: span 385613–385615
17Section 08, James W. HaskinsDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 108,014. Filing ↗machine: t29 · r6 · c3 · span 927446–927453
18Section 08, Gregory W. FeldmannDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 93,014. Filing ↗machine: t29 · r5 · c3 · span 925908–925914
19Section 08, Michael R. BirdDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 89,014. Filing ↗machine: t29 · r2 · c3 · span 921300–921306
20Section 08, Jacob A. Lutz, IIIDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 83,014. Filing ↗machine: t29 · r8 · c3 · span 930516–930522
21Section 08, Catharine L. MidkiffDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 83,014. Filing ↗machine: t29 · r10 · c3 · span 933761–933767
22Section 08, Elizabeth L. WalshDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 75,014. Filing ↗machine: t29 · r12 · c3 · span 936971–936977
23Section 08, Phyllis Q. KaravatakisDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 75,014. Filing ↗machine: t29 · r7 · c3 · span 928982–928988
24Section 08, Curtis E. StephensDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 75,014. Filing ↗machine: t29 · r11 · c3 · span 935301–935307
25Section 08, Robert M. BoltonDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 75,014. Filing ↗machine: t29 · r4 · c3 · span 924373–924379
26Section 08, Kevin S. BloomfieldDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 75,014. Filing ↗machine: t29 · r3 · c3 · span 922835–922841
27Section 08, E. Warren MatthewsDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 50,514. Filing ↗machine: t29 · r9 · c3 · span 932225–932231
28Section 08, Litz H. Van DykeDEF 14A2026-04-150001829576-26-000027Section “Director Compensation”. As printed: 0. Filing ↗
29Section 02, Jane Ann Davis 2026-04-20Form 42026-04-210001381258-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Arthur Loran Adams 2026-04-27Form 42026-04-290001825282-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Jane Ann Davis 2026-04-27Form 42026-04-290001381258-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, James W. Haskins 2026-05-05Form 42026-05-060001826160-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Elizabeth L. Walsh 2026-05-06Form 42026-05-070001829238-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Elizabeth L. Walsh 2026-05-08Form 42026-05-110001829238-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Bradford Langs 2026-05-12Form 42026-05-120001825274-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Jane Ann Davis 2026-05-21Form 42026-05-260001381258-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Bradford Langs 2026-06-30Form 42026-07-020001825274-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Wendy Bell 2026-06-30Form 42026-07-020001825266-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Matthew Speare 2026-06-30Form 42026-07-020001825575-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Jane Ann Davis 2026-06-30Form 42026-07-020001381258-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Tony Kallsen 2026-06-30Form 42026-07-020001363527-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Arthur Loran Adams 2026-06-30Form 42026-07-020001825282-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Van Dyke Litz H 2026-06-30Form 42026-07-020001305347-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Bradford Langs 2026-07-30Form 42026-07-300001825274-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Robert M. Bolton 2026-07-30Form 42026-07-300001578180-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
46Section 06, 2026 voteForm 8-K2026-05-290001829576-26-000053Item 5.07 · say-on-pay result. As reported: 94.41% (votes for as printed: 11,748,459). Filing ↗
47Section 06, 2025 voteForm 8-K2025-05-290001829576-25-000048Item 5.07 · say-on-pay result. As reported: 92.63% (votes for as printed: 12,652,456). Filing ↗
48Section 06, 2024 voteForm 8-K2024-05-230001829576-24-000039Item 5.07 · say-on-pay result. As reported: 86.07% (votes for as printed: 11,055,873). Filing ↗
49Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
50Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
51Section 09b board cost (computed)ComputedcomputedCash 518,500 + equity 363,154 + all other 0 = 881,654, summed across the director compensation table rows.machine: formula: Σ = 881,654
52MVB Financial Corp., Section 10b CEO totalDEF 14A2026-04-070001277902-26-000048CEO total compensation as printed in MVB Financial Corp.'s own proxy. As printed: 5,056,856. Filing ↗machine: r2 · c27 · span 558090–558100
53Orrstown Financial Services, Inc., Section 10b CEO totalDEF 14A2026-03-270001628280-26-021726CEO total compensation as printed in Orrstown Financial Services, Inc.'s own proxy. As printed: 4,222,617. Filing ↗machine: t36 · r2 · c9 · span 634951–634960
54Stock Yards Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-120001437749-26-007879CEO total compensation as printed in Stock Yards Bancorp, Inc.'s own proxy. As printed: 3,380,337. Filing ↗machine: r3 · c32 · span 991255–991264
55Capital City Bank Group, Inc., Section 10b CEO totalDEF 14A2026-03-100001140361-26-008786CEO total compensation as printed in Capital City Bank Group, Inc.'s own proxy. As printed: 3,135,873. Filing ↗machine: t149 · r2 · c25 · span 550486–550495
56Burke & Herbert Financial Services Corp., Section 10b CEO totalDEF 14A2026-04-300001964333-26-000052CEO total compensation as printed in Burke & Herbert Financial Services Corp.'s own proxy. As printed: 3,014,541. Filing ↗machine: span 547914–547923
57First Financial Corporation, Section 10b CEO totalDEF 14A2026-03-170000714562-26-000017CEO total compensation as printed in First Financial Corporation's own proxy. As printed: 2,395,725. Filing ↗machine: r2 · c8 · span 818114–818123
58Mid Penn Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-128769CEO total compensation as printed in Mid Penn Bancorp, Inc.'s own proxy. As printed: 2,209,726. Filing ↗machine: r3 · c35 · span 723945–723954
59Primis Financial Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041860CEO total compensation as printed in Primis Financial Corp.'s own proxy. As printed: 2,185,079. Filing ↗machine: t76 · r8 · c23 · span 492432–492441
60Univest Financial Corporation, Section 10b CEO totalDEF 14A2026-03-130000102212-26-000015CEO total compensation as printed in Univest Financial Corporation's own proxy. As printed: 2,097,674. Filing ↗machine: r2 · c51 · span 398636–398645
61Bar Harbor Bankshares, Section 10b CEO totalDEF 14A2026-03-190001104659-26-032086CEO total compensation as printed in Bar Harbor Bankshares's own proxy. As printed: 1,925,946. Filing ↗machine: t156 · r4 · c23 · span 1484989–1484998
62City Holding Company, Section 10b CEO totalDEF 14A2026-03-270000726854-26-000092CEO total compensation as printed in City Holding Company's own proxy. As printed: 1,922,194. Filing ↗machine: t27 · r5 · c7 · span 511012–511021
63Washington Trust Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-170000737468-26-000040CEO total compensation as printed in Washington Trust Bancorp, Inc.'s own proxy. As printed: 1,864,227. Filing ↗machine: t46 · r3 · c17 · span 562234–562243
64Republic Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-130001104659-26-027241CEO total compensation as printed in Republic Bancorp, Inc.'s own proxy. As printed: 1,819,342. Filing ↗machine: t262 · r15 · c18 · span 1699364–1699373
65Great Southern Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-310002077096-26-000017CEO total compensation as printed in Great Southern Bancorp, Inc.'s own proxy. As printed: 1,815,277. Filing ↗machine: span 320537–320546
66Shore Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-080001035092-26-000019CEO total compensation as printed in Shore Bancshares, Inc.'s own proxy. As printed: 1,772,098. Filing ↗machine: r2 · c24 · span 646564–646573
67SmartFinancial, Inc., Section 10b CEO totalDEF 14A2026-04-070001104659-26-040440CEO total compensation as printed in SmartFinancial, Inc.'s own proxy. As printed: 1,717,633. Filing ↗machine: t125 · r5 · c14 · span 980764–980773
68Community Trust Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-180001140361-26-009965CEO total compensation as printed in Community Trust Bancorp, Inc.'s own proxy. As printed: 1,639,760. Filing ↗machine: t117 · r1 · c6 · span 440283–440292
69Arrow Financial Corporation, Section 10b CEO totalDEF 14A2026-04-230000717538-26-000045CEO total compensation as printed in Arrow Financial Corporation's own proxy. As printed: 1,572,406. Filing ↗machine: span 519962–519971
70CNB Financial Corporation, Section 10b CEO totalDEF 14A2026-03-160000736772-26-000035CEO total compensation as printed in CNB Financial Corporation's own proxy. As printed: 1,500,484. Filing ↗machine: span 677260–677269
71Peoples Bancorp Inc., Section 10b CEO totalDEF 14A2026-03-060000318300-26-000104CEO total compensation as printed in Peoples Bancorp Inc.'s own proxy. As printed: 1,500,327. Filing ↗machine: t174 · r4 · c19 · span 1008838–1008848
72HomeTrust Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-070001538263-26-000032CEO total compensation as printed in HomeTrust Bancshares, Inc.'s own proxy. As printed: 1,487,191. Filing ↗machine: span 442986–442995
73C&F Financial Corporation, Section 10b CEO totalDEF 14A2026-03-110000913341-26-000015CEO total compensation as printed in C&F Financial Corporation's own proxy. As printed: 1,471,984. Filing ↗machine: t98 · r9 · c24 · span 962909–962918
74Carter Bankshares, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-150001829576-26-000027CEO total compensation as printed in Carter Bankshares, Inc.'s own proxy. As printed: 1,355,859. Filing ↗machine: t13 · r2 · c7 · span 396094–396104
75First Community Bankshares, Inc., Section 10b CEO totalDEF 14A2026-03-110001437749-26-007698CEO total compensation as printed in First Community Bankshares, Inc.'s own proxy. As printed: 1,122,497. Filing ↗machine: span 473799–473808
76Peoples Financial Services Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041794CEO total compensation as printed in Peoples Financial Services Corp.'s own proxy. As printed: 1,068,323. Filing ↗machine: t226 · r8 · c16 · span 1077916–1077925
77Section 10a, First Community Bankshares, Inc. reciprocityDEF 14A0001437749-26-007698First Community Bankshares, Inc. names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, HomeTrust Bancshares, Inc. reciprocityDEF 14A0001538263-26-000032HomeTrust Bancshares, Inc. names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Shore Bancshares, Inc. reciprocityDEF 14A0001035092-26-000019Shore Bancshares, Inc. names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
80Section 10a, Bar Harbor Bankshares reciprocityDEF 14A0001104659-26-032086Bar Harbor Bankshares's most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
81Section 10a, Washington Trust Bancorp, Inc. reciprocityDEF 14A0000737468-26-000040Washington Trust Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
82Section 10a, Peoples Financial Services Corp. reciprocityDEF 14A0001104659-26-041794Peoples Financial Services Corp.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
83Section 10a, Capital City Bank Group, Inc. reciprocityDEF 14A0001140361-26-008786Capital City Bank Group, Inc. names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
84Section 10a, Republic Bancorp, Inc. reciprocityDEF 14A0001104659-26-027241Republic Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
85Section 10a, Primis Financial Corp. reciprocityDEF 14A0001104659-26-041860Primis Financial Corp.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
86Section 10a, Community Trust Bancorp, Inc. reciprocityDEF 14A0001140361-26-009965Community Trust Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
87Section 10a, City Holding Company reciprocityDEF 14A0000726854-26-000092City Holding Company names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
88Section 10a, Orrstown Financial Services, Inc. reciprocityDEF 14A0001628280-26-021726Orrstown Financial Services, Inc. names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, C&F Financial Corporation reciprocityDEF 14A0000913341-26-000015C&F Financial Corporation names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, Mid Penn Bancorp, Inc. reciprocityDEF 14A0001193125-26-128769Mid Penn Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
91Section 10a, CNB Financial Corporation reciprocityDEF 14A0000736772-26-000035CNB Financial Corporation names Carter Bankshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, MVB Financial Corp. reciprocityDEF 14A0001277902-26-000048MVB Financial Corp.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
93Section 10a, First Financial Corporation reciprocityDEF 14A0000714562-26-000017First Financial Corporation's most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
94Section 10a, Peoples Bancorp Inc. reciprocityDEF 14A0000318300-26-000104Peoples Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗
95Section 10a, Stock Yards Bancorp, Inc. reciprocityDEF 14A0001437749-26-007879Stock Yards Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Carter Bankshares, Inc.. Filing ↗