[Form 4] Culp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Culp, Inc. (CULP) reporting person Bruno Thomas, Chief Commercial Officer, recorded vesting of 12,557 restricted stock units that converted into 12,557 shares on 09/06/2025 and a contemporaneous sale of 3,604 shares at $4.25 per share. After these transactions the reporting person beneficially owned 78,628 shares prior to the sale entry and 74,628 shares following the sale, with the RSUs described as service-based awards that vested upon continued employment through 09/06/2025. The Form 4 was signed by an attorney-in-fact on 09/09/2025.

Positive

• 12,557 restricted stock units vested, indicating continued employment through the vesting date
• Reporting clarity: Form 4 provides specific dates, quantities, and price for the sale meeting Section 16 disclosure requirements

Negative

• 3,604 shares sold at $4.25, reducing the reporting person\'s immediate shareholdings
• No additional context in the filing about whether the sale was part of a Rule 10b5-1 plan or other structured program

Insights

Corporate Governance Expert

TL;DR: Routine executive equity vesting and a small open-market sale; appears to be standard compensation activity, not a corporate event.

The filing shows the Chief Commercial Officer received service-based restricted stock units that vested into 12,557 shares and a contemporaneous disposition of 3,604 shares at $4.25. This pattern—vesting followed by a partial sale—is common for executives converting compensation to cash while maintaining ownership. No change in control, material transactions beyond compensation, or new derivative instruments are reported. The filing provides clear dates, quantities, and prices required under Section 16 reporting.

Securities Analyst

TL;DR: Transaction is informational for holders but unlikely to be materially price-moving on its own.

The report documents 12,557 RSUs that vested and the sale of 3,604 shares at $4.25 on 09/06/2025, leaving the officer with 74,628 shares beneficially owned. The exercise/vesting price is $0 for the RSUs, consistent with typical service-based awards. Quantities are modest relative to typical public-company floats; the filing does not disclose any hedging, pledging, or other derivative activity. Impact on capitalization and governance is routine and primarily relevant for insider ownership disclosure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bruno Thomas

(Last) (First) (Middle)

CULP INNOVATION CENTER AT CONGDON YARDS

410 WEST ENGLISH ROAD - 5TH FLOOR

(Street)

HIGH POINT NC 27262

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CULP INC [ CULP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/06/2025		M		12,557	A	$0	78,628	D
Common Stock	09/06/2025		F		3,604	D	$4.25	74,628	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	$0	09/06/2025		M		12,557		(2)	(2)	Common Stock	12,557	$0	0(3)	D

Explanation of Responses:

1. Contingent right to receive issuance of Culp, Inc. common stock.

2. These restricted stock units represent the right to receive 12,557 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through September 6, 2025, as set forth in the award agreement.

3. Reflects the total number of service-based restricted stock units with a vesting date of September 6, 2025, held by the reporting person following the reported transaction.

	/s/ Justin M. Grow, Attorney-In-Fact	09/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did CULP insider Bruno Thomas report on Form 4?

Bruno Thomas reported vesting of 12,557 RSUs that converted into shares on 09/06/2025 and a sale of 3,604 shares at $4.25 per share.

How many Culp (CULP) shares does the reporting person beneficially own after the transactions?

The Form 4 shows 74,628 shares beneficially owned following the reported sale and vesting.

Were the vested awards subject to an exercise price for CULP RSUs?

The restricted stock units have an effective $0 conversion price, reflecting service-based RSUs that convert to shares upon vesting.

When did the reported transactions occur for CULP insider activity?

The transactions are dated 09/06/2025, and the Form 4 was signed by attorney-in-fact on 09/09/2025.

Does the Form 4 indicate the sale was under a 10b5-1 plan?

The filing does not state that the sale was executed pursuant to a Rule 10b5-1(c) plan.