Welcome to our dedicated page for CULP SEC filings (Ticker: CULP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Culp, Inc. filings document material events for a public fabric manufacturer focused on bedding and upholstery markets. Recent reports include earnings-related 8-K disclosures, forward-looking risk language tied to housing demand, home furnishings demand, tariffs, international operations, freight, labor and raw-material costs, and the company’s global manufacturing and sourcing model.
The filing record also covers corporate-status and governance matters, including the voluntary withdrawal of Culp’s common stock from New York Stock Exchange listing registration through Form 25, its transfer to Nasdaq under the CULP symbol, board and officer changes, director independence and committee service, annual meeting voting results, auditor ratification, and advisory executive-compensation votes.
Culp Inc Chief Operating Officer Mary Elizabeth Hunsberger reported equity-award activity on July 17, 2026. She converted 18,233 restricted stock units into common stock, including 14,758 service-based and 3,475 performance-based units tied to employment and upholstery-segment performance, and 5,205 shares of common stock were withheld at $3.70 per share to cover tax obligations.
Culp Inc. SVP & CHRO Teresa Atkins Huffman exercised 8,749 restricted stock units into common stock on July 17, 2026. To cover taxes, 2,952 shares were withheld at $3.70 per share. After these transactions, she directly held 16,043 Culp common shares. The trades were not reported as made under a Rule 10b5-1 plan.
Culp Inc Chief Commercial Officer Thomas Bruno vested and converted 17,907 restricted stock units into common stock on July 17, 2026. To satisfy tax obligations related to this vesting, 5,088 shares of common stock were withheld at $3.70 per share. The transactions were not made under a Rule 10b5-1 trading plan.
CULP INC Chief Financial Officer Kenneth R. Bowling reported equity compensation activity on July 17, 2026. 18,884 restricted stock units were converted into the same number of common shares at $0.0000 per share, and 9,788 shares were withheld at $3.7000 per share to cover tax obligations. After these transactions, he directly held 48,309 common shares, plus an estimated 18,170 shares through a 401(k) stock fund.
Robert George Culp IV, President & CEO of Culp Inc., reported exercising restricted stock units covering 22,361 shares of common stock at $0.00 per share on July 17, 2026, raising his direct holdings to 318,071 common shares. He also reported indirect ownership of 1,740 shares in each of two irrevocable trusts for his children, over which he has sole voting and investment power, and an estimated 129,085 shares through a 401(k) stock fund.
Culp, Inc. is a North Carolina-based marketer of mattress and upholstery fabrics serving bedding, residential, commercial, and hospitality markets. Fiscal 2026 net sales were $203,482 thousand, with bedding contributing $116.6 million (57% of sales) and upholstery $86.9 million (43%). The United States represented 68.8% of revenue, with 31.2% from international markets.
The company completed a Fiscal 2025 restructuring and a Fiscal 2026 business integration, consolidating facilities in Canada, Haiti, China, and the U.S. and shifting jacquard weaving to a strategic sourcing model. Cumulative restructuring charges were $5.3 million, and integration charges totaled $2.7 million, combining cash and non-cash items.
Culp’s customer base is concentrated, with Serta-Simmons Bedding accounting for 13% and La-Z-Boy Incorporated 12% of consolidated fiscal 2026 sales. The company outlines risks from macroeconomic pressures, housing and commercial real estate trends, tariff and trade policy changes (including refund litigation on about $7.0 million of prior U.S. tariffs), supply-chain reliance on China and Haiti, and environmental and human-capital factors across its 887-employee workforce.
Culp Inc director John Douglas Collier purchased 5,000 shares of common stock in an open-market transaction on July 13, 2026 at $3.45 per share. Following this purchase, he holds 5,000 Culp shares directly, with no derivative securities reported in this notice.
CULP INC President & CEO Robert George Culp IV reported an open-market purchase of 2,768 shares of Common Stock on July 9, 2026 at $3.33 per share. Following this transaction, one directly held account shows 129,085 shares. Other reported positions include 295,710 shares held directly and 1,740 shares in each of two irrevocable trusts for his daughter and son, over which he has sole voting and investment power.
Culp, Inc. reported fourth quarter fiscal 2026 net sales of $51.6 million, up 5.8% year over year, with bedding up 12.5% and upholstery down 2.5%. Gross margin was 13.2%, and the company posted a GAAP operating loss of $1.6 million and net loss of $2.2 million.
For full-year fiscal 2026, net sales were $203.5 million, down 4.6%, while the GAAP operating loss improved to $7.2 million from $18.4 million. Net loss narrowed to $10.2 million, or $0.81 per share. Adjusted EBITDA was $(4.7) million, and inventory fell to $47.5 million as of May 3, 2026.
Management highlighted over $20 million in annualized savings from restructuring and platform optimization and disclosed recovery of approximately $7 million in IEEPA tariff refunds in the first quarter of fiscal 2027, expected to significantly reduce net debt from $10.9 million. Guidance calls for modest sequential and year-over-year sales improvement and breakeven to positive adjusted EBITDA for the first quarter of fiscal 2027, excluding tariff refunds.
CULP INC Chief Commercial Officer Thomas Bruno reported two open-market purchases of the company’s Common Stock. On the reported date, he bought 5,000 shares at $2.75 per share and an additional 5,000 shares at $2.78 per share, for a total of 10,000 shares acquired. After these transactions, Bruno directly owns 90,000 shares of CULP INC Common Stock, indicating an increased personal stake in the company.