CULP director Mark Wilson files Form 3, reports 0 shares
CULP INC director files initial ownership report showing no direct shares CULP INC director Mark Wilson filed an initial Form 3 stating that he directly owns 0 shares of the company’s common stock.
Rhea-AI Filing Summary
CULP INC director files initial ownership report showing no direct shares
CULP INC director Mark Wilson filed an initial Form 3 stating that he directly owns 0 shares of the company’s common stock. This form establishes his baseline ownership position as he becomes subject to insider reporting rules.
The filing notes he may be deemed part of a Section 13(d) group that collectively holds more than 10% of CULP’s common stock, but he expressly disclaims beneficial ownership of the securities held by that group. The report states it should not be viewed as an admission that he beneficially owns those shares for Section 16 or any other purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding common stock. The reporting person disclaims beneficial ownership of the securities owned directly by the members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
FAQ
What did CULP (CULP) director Mark Wilson report on this Form 3?
Does Mark Wilson directly own any CULP (CULP) common stock according to this filing?
Why does the CULP (CULP) Form 3 mention a Section 13(d) group?
What is the significance of this Form 3 for CULP (CULP) investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.