Carter Bankshares, Inc. Files Form 8-K Disclosing Medical Update from CEO

Strategic Insights -

Carter Bankshares, Inc., a leading bank based in Virginia, has submitted a Form 8-K filing with the U.S. Securities and Exchange Commission on August 11, 2025. The filing discloses a letter to employees from Litz H. Van Dyke, the company's Chief Executive Officer, regarding a recent medical update. The letter, attached as Exhibit 99.1, is intended for internal distribution and does not convey any information about the company's financial performance or operations.

Key Takeaways:

  • Carter Bankshares, Inc. filed a Form 8-K with the U.S. Securities and Exchange Commission on August 11, 2025, to disclose a recent medical update from its CEO, Litz H. Van Dyke.
  • The update was communicated through a letter to employees, which is attached as Exhibit 99.1 and is not intended for public disclosure.
  • The filing does not contain any information regarding the company's financial performance, operations, or governance matters.
  • Carter Bankshares, Inc. has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Exchange Act.
  • The company has a common stock outstanding, traded on the NASDAQ Global Select Market under the symbol CARE.

Statistics:

  • Date of Report: August 11, 2025
  • Date of earliest event reported: August 11, 2025
  • SEC Filing Type: Form 8-K Current Report
  • Company Name: Carter Bankshares, Inc.

*Ticker Symbol: CARE

  • Exchange: NASDAQ Global Select Market

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20429 FORM 8-K CURRENT REPORT (Aug 11, 2025)
  • CARTER BANKSHARES, INC. (Annual Report, 2024)
  • SEC Edgar Database (Form 8-K filings)