Fourthstone LLC Increases Stake in Carter Bankshares, Inc. to 6.78%

On May 15, 2026, Fourthstone LLC filed a Schedule 13G/A regarding its holdings in Carter Bankshares, Inc. (CARE). The filing indicates that Fourthstone LLC, along with its affiliates including Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, and Managing Member L. Phillip Stone, IV, collectively beneficially own 1,502,119 shares of Common Stock. This represents a 6.78% ownership stake in the company based on 22,164,453 shares outstanding as of March 2, 2026. This filing marks an increase from previously reported positions, as specific entities like Fourthstone GP LLC reported a new 1.56% stake (345,855 shares). The reporting persons certify that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The principal business office for the reporting entities is located in St. Louis, Missouri.