Barry James Mann Increases Stake in Carver Bancorp Inc

Barry James Mann has filed a Schedule 13D/A amendment indicating an increased beneficial ownership in Carver Bancorp Inc. Mann now owns 324,104 shares, representing approximately 6.1% of the outstanding shares. He acquired these shares through multiple open market transactions using personal funds, with an average price of $2.26 per share. Mann believes the shares are undervalued and represent an attractive investment opportunity. He intends to purchase additional shares and engage with the Issuer's Board, management, shareholders, and other interested parties to support the strategic plan aimed at improving the Issuer's efficiency and financial condition, and increasing shareholder value.