STOCK TITAN

[Form 4] Culp, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing overview for Alliant Energy Corp. (LNT)

Director Raymond Christie reported the acquisition of 1,188 Deferred Common Stock Units on 07/11/2025. These derivative units convert into an equal number of common shares and will be settled only when the director’s board service ends. The reference price cited for the underlying shares is $62.08, implying an approximate transaction value of $73,753. After the grant, Christie’s total beneficial ownership rises to 5,137.754 units. The increase also reflects dividend-reinvestment adjustments exempt under Rule 16a-11.

  • No shares were sold; the transaction is coded “A” (acquisition).
  • Ownership is reported as direct.
  • The filing does not indicate any 10b5-1 trading plan activity.

The event represents routine director compensation rather than an open-market purchase, therefore its market impact is expected to be limited.

Panoramica della presentazione del Modulo 4 per Alliant Energy Corp. (LNT)

Il direttore Raymond Christie ha dichiarato l'acquisizione di 1.188 Unità di Azioni Ordinarie Differite in data 11/07/2025. Queste unità derivate si convertono in un numero uguale di azioni ordinarie e saranno liquidate solo al termine del mandato del direttore nel consiglio. Il prezzo di riferimento indicato per le azioni sottostanti è di 62,08 $, implicando un valore approssimativo della transazione di 73.753 $. Dopo l'assegnazione, la proprietà beneficiaria totale di Christie sale a 5.137,754 unità. L'incremento riflette anche aggiustamenti per il reinvestimento dei dividendi esenti ai sensi della Regola 16a-11.

  • Non sono state vendute azioni; la transazione è classificata come “A” (acquisizione).
  • La proprietà è riportata come diretta.
  • La dichiarazione non indica alcuna attività relativa a piani di trading 10b5-1.

L'evento rappresenta una normale compensazione per il direttore e non un acquisto sul mercato aperto, pertanto si prevede un impatto limitato sul mercato.

Resumen de la presentación del Formulario 4 para Alliant Energy Corp. (LNT)

El director Raymond Christie reportó la adquisición de 1,188 Unidades de Acciones Comunes Diferidas el 11/07/2025. Estas unidades derivadas se convierten en un número igual de acciones comunes y solo se liquidarán cuando finalice el servicio del director en la junta. El precio de referencia citado para las acciones subyacentes es de $62.08, lo que implica un valor aproximado de la transacción de $73,753. Tras la concesión, la propiedad beneficiaria total de Christie aumenta a 5,137.754 unidades. El incremento también refleja ajustes por reinversión de dividendos exentos bajo la Regla 16a-11.

  • No se vendieron acciones; la transacción se codifica como “A” (adquisición).
  • La propiedad se reporta como directa.
  • La presentación no indica actividad relacionada con planes de negociación 10b5-1.

El evento representa una compensación rutinaria para el director en lugar de una compra en el mercado abierto, por lo que se espera un impacto limitado en el mercado.

Alliant Energy Corp. (LNT)에 대한 Form 4 제출 개요

이사 Raymond Christie2025년 7월 11일1,188개의 연기된 보통주 단위 취득을 보고했습니다. 이 파생 단위는 동일한 수의 보통주로 전환되며, 이사의 이사회 임기가 종료될 때에만 정산됩니다. 기초 주식의 기준 가격은 $62.08로 명시되어 있으며, 대략적인 거래 가치는 $73,753입니다. 부여 후 Christie의 총 실질 소유권은 5,137.754 단위로 증가합니다. 이 증가는 Rule 16a-11에 따라 배당금 재투자 조정도 반영합니다.

  • 주식은 매도되지 않았으며, 거래는 “A”(취득)로 분류됩니다.
  • 소유권은 직접으로 보고되었습니다.
  • 제출서에는 10b5-1 거래 계획 활동이 명시되어 있지 않습니다.

이번 사건은 공개 시장에서의 매수가 아닌 정기적인 이사 보상에 해당하므로 시장에 미치는 영향은 제한적일 것으로 예상됩니다.

Vue d'ensemble du dépôt du formulaire 4 pour Alliant Energy Corp. (LNT)

Le directeur Raymond Christie a déclaré l’acquisition de 1 188 unités différées d’actions ordinaires le 11/07/2025. Ces unités dérivées se convertissent en un nombre égal d’actions ordinaires et ne seront réglées qu’à la fin du mandat du directeur au conseil d’administration. Le prix de référence indiqué pour les actions sous-jacentes est de 62,08 $, ce qui implique une valeur approximative de la transaction de 73 753 $. Après l’attribution, la propriété bénéficiaire totale de Christie s’élève à 5 137,754 unités. L’augmentation reflète également des ajustements liés au réinvestissement des dividendes, exemptés en vertu de la règle 16a-11.

  • Aucune action n’a été vendue ; la transaction est codée « A » (acquisition).
  • La propriété est déclarée comme directe.
  • Le dépôt n’indique aucune activité liée à un plan de trading 10b5-1.

L’événement représente une rémunération habituelle du directeur plutôt qu’un achat sur le marché ouvert, son impact sur le marché devrait donc être limité.

Überblick über die Form 4-Meldung für Alliant Energy Corp. (LNT)

Direktor Raymond Christie meldete den Erwerb von 1.188 aufgeschobenen Stammaktieneinheiten am 11.07.2025. Diese derivativen Einheiten werden in eine gleiche Anzahl von Stammaktien umgewandelt und erst am Ende der Vorstandstätigkeit des Direktors abgerechnet. Der angegebene Referenzpreis für die zugrunde liegenden Aktien beträgt 62,08 $, was einen ungefähren Transaktionswert von 73.753 $ impliziert. Nach der Zuteilung steigt Christies gesamtes wirtschaftliches Eigentum auf 5.137,754 Einheiten. Die Steigerung berücksichtigt auch Dividenden-Reinvestitionsanpassungen, die gemäß Regel 16a-11 ausgenommen sind.

  • Es wurden keine Aktien verkauft; die Transaktion ist als „A“ (Erwerb) codiert.
  • Das Eigentum wird als direkt gemeldet.
  • Die Meldung weist keine Aktivitäten im Zusammenhang mit einem 10b5-1-Handelsplan aus.

Das Ereignis stellt eine routinemäßige Vergütung des Direktors dar und nicht einen Kauf am offenen Markt, weshalb ein begrenzter Markteinfluss erwartet wird.

Positive
  • None.
Negative
  • None.

Insights

TL;DR – Small deferred stock award; negligible valuation impact.

The 1,188-unit grant—worth roughly $74k at the stated $62.08 reference price—raises the director’s stake to just over 5,137 units. Because the units settle only upon departure from the board and no cash changed hands, the award neither injects fresh capital nor signals an active insider buy. The transaction is typical of board compensation structures and does not alter liquidity, leverage, or earnings dynamics. As such, I classify the disclosure as neutral for equity valuation.

TL;DR – Routine compensation grant; governance practices remain standard.

Deferred stock units align director incentives with shareholder value over the long term. The absence of sales and the modest scale of the award suggest standard compensation rather than opportunistic trading. No red flags such as rapid divestitures or complex ownership structures appear in the filing. Consequently, the disclosure is governance-neutral and not likely to influence investor sentiment materially.

Panoramica della presentazione del Modulo 4 per Alliant Energy Corp. (LNT)

Il direttore Raymond Christie ha dichiarato l'acquisizione di 1.188 Unità di Azioni Ordinarie Differite in data 11/07/2025. Queste unità derivate si convertono in un numero uguale di azioni ordinarie e saranno liquidate solo al termine del mandato del direttore nel consiglio. Il prezzo di riferimento indicato per le azioni sottostanti è di 62,08 $, implicando un valore approssimativo della transazione di 73.753 $. Dopo l'assegnazione, la proprietà beneficiaria totale di Christie sale a 5.137,754 unità. L'incremento riflette anche aggiustamenti per il reinvestimento dei dividendi esenti ai sensi della Regola 16a-11.

  • Non sono state vendute azioni; la transazione è classificata come “A” (acquisizione).
  • La proprietà è riportata come diretta.
  • La dichiarazione non indica alcuna attività relativa a piani di trading 10b5-1.

L'evento rappresenta una normale compensazione per il direttore e non un acquisto sul mercato aperto, pertanto si prevede un impatto limitato sul mercato.

Resumen de la presentación del Formulario 4 para Alliant Energy Corp. (LNT)

El director Raymond Christie reportó la adquisición de 1,188 Unidades de Acciones Comunes Diferidas el 11/07/2025. Estas unidades derivadas se convierten en un número igual de acciones comunes y solo se liquidarán cuando finalice el servicio del director en la junta. El precio de referencia citado para las acciones subyacentes es de $62.08, lo que implica un valor aproximado de la transacción de $73,753. Tras la concesión, la propiedad beneficiaria total de Christie aumenta a 5,137.754 unidades. El incremento también refleja ajustes por reinversión de dividendos exentos bajo la Regla 16a-11.

  • No se vendieron acciones; la transacción se codifica como “A” (adquisición).
  • La propiedad se reporta como directa.
  • La presentación no indica actividad relacionada con planes de negociación 10b5-1.

El evento representa una compensación rutinaria para el director en lugar de una compra en el mercado abierto, por lo que se espera un impacto limitado en el mercado.

Alliant Energy Corp. (LNT)에 대한 Form 4 제출 개요

이사 Raymond Christie2025년 7월 11일1,188개의 연기된 보통주 단위 취득을 보고했습니다. 이 파생 단위는 동일한 수의 보통주로 전환되며, 이사의 이사회 임기가 종료될 때에만 정산됩니다. 기초 주식의 기준 가격은 $62.08로 명시되어 있으며, 대략적인 거래 가치는 $73,753입니다. 부여 후 Christie의 총 실질 소유권은 5,137.754 단위로 증가합니다. 이 증가는 Rule 16a-11에 따라 배당금 재투자 조정도 반영합니다.

  • 주식은 매도되지 않았으며, 거래는 “A”(취득)로 분류됩니다.
  • 소유권은 직접으로 보고되었습니다.
  • 제출서에는 10b5-1 거래 계획 활동이 명시되어 있지 않습니다.

이번 사건은 공개 시장에서의 매수가 아닌 정기적인 이사 보상에 해당하므로 시장에 미치는 영향은 제한적일 것으로 예상됩니다.

Vue d'ensemble du dépôt du formulaire 4 pour Alliant Energy Corp. (LNT)

Le directeur Raymond Christie a déclaré l’acquisition de 1 188 unités différées d’actions ordinaires le 11/07/2025. Ces unités dérivées se convertissent en un nombre égal d’actions ordinaires et ne seront réglées qu’à la fin du mandat du directeur au conseil d’administration. Le prix de référence indiqué pour les actions sous-jacentes est de 62,08 $, ce qui implique une valeur approximative de la transaction de 73 753 $. Après l’attribution, la propriété bénéficiaire totale de Christie s’élève à 5 137,754 unités. L’augmentation reflète également des ajustements liés au réinvestissement des dividendes, exemptés en vertu de la règle 16a-11.

  • Aucune action n’a été vendue ; la transaction est codée « A » (acquisition).
  • La propriété est déclarée comme directe.
  • Le dépôt n’indique aucune activité liée à un plan de trading 10b5-1.

L’événement représente une rémunération habituelle du directeur plutôt qu’un achat sur le marché ouvert, son impact sur le marché devrait donc être limité.

Überblick über die Form 4-Meldung für Alliant Energy Corp. (LNT)

Direktor Raymond Christie meldete den Erwerb von 1.188 aufgeschobenen Stammaktieneinheiten am 11.07.2025. Diese derivativen Einheiten werden in eine gleiche Anzahl von Stammaktien umgewandelt und erst am Ende der Vorstandstätigkeit des Direktors abgerechnet. Der angegebene Referenzpreis für die zugrunde liegenden Aktien beträgt 62,08 $, was einen ungefähren Transaktionswert von 73.753 $ impliziert. Nach der Zuteilung steigt Christies gesamtes wirtschaftliches Eigentum auf 5.137,754 Einheiten. Die Steigerung berücksichtigt auch Dividenden-Reinvestitionsanpassungen, die gemäß Regel 16a-11 ausgenommen sind.

  • Es wurden keine Aktien verkauft; die Transaktion ist als „A“ (Erwerb) codiert.
  • Das Eigentum wird als direkt gemeldet.
  • Die Meldung weist keine Aktivitäten im Zusammenhang mit einem 10b5-1-Handelsplan aus.

Das Ereignis stellt eine routinemäßige Vergütung des Direktors dar und nicht einen Kauf am offenen Markt, weshalb ein begrenzter Markteinfluss erwartet wird.

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
Estimated average burden
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*
Bowling Kenneth R

(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)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
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 07/11/2025 M 11,315 A $0 43,911 D
Common Stock 07/11/2025 F 4,698 D $4.57 39,213 D
Common Stock 18,170(4) 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 07/11/2025 M 11,315 (2) (2) Common Stock 11,315 $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 11,315 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement.
3. Reflects the total number of service-based restricted stock units with a vesting date of July 11, 2025, held by the reporting person following the reported transaction.
4. Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person.
/s/ Kenneth Bowling 07/15/2025
** 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.
Culp Inc

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58.53M
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Textile Manufacturing
Broadwoven Fabric Mills, Cotton
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United States
HIGH POINT