STOCK TITAN

Culp director Mark receives 12,941 stock units

The right to 12,941 common shares depends on Mark remaining a director at the earlier of the one-year grant anniversary or a qualifying annual meeting.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CULP INC (symbol: CULP) is the issuer of record for a Form 4 filing submitted to the SEC. Wilson Mark reported acquisition or exercise transactions in this Form 4 filing.

CULP INC director Wilson Mark received 12,941 restricted stock units on September 24, 2026. The units represent a contingent right to receive 12,941 common shares if he remains a director as of the earlier of the one-year grant anniversary or the next annual meeting held at least 50 weeks after the September 23, 2026 annual meeting. The report lists 0 directly held common shares afterward. Mark disclaims beneficial ownership of securities directly owned by members of a Section 13(d) group that collectively owns more than 10% of CULP common stock.

Positive

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Negative

  • None.
Insider Wilson Mark
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 12,941 $0.00 $0.00
holding Common Stock F3 -- -- --
Holdings After Transaction: Restricted Stock Units — 12,941 contracts (Direct); Common Stock — 0 shares (Direct)
Footnotes (3)
  1. F1. Contingent right to receive issuance of Culp, Inc. common stock.
  2. F2. These restricted stock units represent the right to receive 12,941 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the Issuer's September 23, 2026, annual meeting of shareholders.
  3. F3. 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 common stock. The reporting person disclaims beneficial ownership of the securities directly owned by the members of such 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.
Restricted stock units awarded 12,941 units Award reported September 24, 2026
Underlying common shares 12,941 shares Contingent right represented by the restricted stock units
Direct common shares following transaction 0 shares Reported after the transaction on September 24, 2026
restricted stock units financial
"These restricted stock units represent the right to receive 12,941 shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right technical
"Contingent right to receive issuance of Culp, Inc. common stock."
Section 13(d) group regulatory
"a member of a Section 13(d) group"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CULP restricted stock units did director Wilson Mark receive?

CULP director Wilson Mark received 12,941 restricted stock units on September 24, 2026. The units represent a contingent right to receive 12,941 shares of Culp common stock.

When can CULP director Wilson Mark receive the shares underlying the RSUs?

The right is conditioned on Mark remaining a director as of the earlier of the one-year anniversary of the September 24, 2026 grant or the next annual meeting of shareholders at least 50 weeks after CULP's September 23, 2026 annual meeting. The units represent a contingent right to receive common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Wilson Mark

(Last)(First)(Middle)
590 1ST AVE. S
UNIT C1

(Street)
SEATTLE WASHINGTON 98104

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CULP INC [ CULP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(3)0(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)$009/24/2026A12,941 (2) (2)Common Stock12,941$012,941D
Explanation of Responses:
1. Contingent right to receive issuance of Culp, Inc. common stock.
2. These restricted stock units represent the right to receive 12,941 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the Issuer's September 23, 2026, annual meeting of shareholders.
3. 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 common stock. The reporting person disclaims beneficial ownership of the securities directly owned by the members of such 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.
/s/ Justin M. Grow, Attorney-In-Fact09/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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