CULP Form 4: Director Kimberly Bullock Gatling Acquires 2,347 Shares

Rhea-AI Filing Summary

Kimberly Bullock Gatling, a director of Culp Inc (CULP), reported an open-market purchase on a Form 4. On 09/22/2025 she acquired 2,347 shares of Culp common stock at $4.2995 per share, bringing her direct beneficial ownership to 38,393 shares. The Form 4 was signed by an attorney-in-fact on 09/23/2025. The filing shows a single non-derivative purchase transaction and does not disclose derivative activity or other material changes.

Positive

• Insider purchase reported: Director Kimberly Bullock Gatling acquired 2,347 shares at $4.2995, increasing her direct ownership to 38,393 shares.
• Timely disclosure and signature: Form 4 includes required details and an attorney-in-fact signature dated 09/23/2025, indicating compliance with Section 16 reporting.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased additional shares, modestly increasing direct stake; transaction appears routine and not transformative.

The Form 4 discloses a straightforward open-market purchase of 2,347 common shares at $4.2995 on 09/22/2025, increasing direct holdings to 38,393 shares. For investors this is a routine insider buy that shows some alignment with management, but the absolute size is small relative to company capitalization and does not by itself imply a material change to ownership or control.

Corporate Governance Expert

TL;DR: Filing documents proper insider reporting by a director; executed via attorney-in-fact and correctly disclosed.

The Form 4 lists Kimberly Bullock Gatling as a director and reports a non-derivative acquisition on 09/22/2025. The document includes the reporting mechanism, transaction code, post-transaction beneficial ownership, and a dated signature by an attorney-in-fact, indicating standard compliance with Section 16 reporting obligations. No departures, grants, or dispositions are reported.

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^*

Gatling Kimberly Bullock

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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	09/22/2025		P		2,347	A	$4.2995	38,393	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

Explanation of Responses:

	/s/ Justin M. Grow, Attorney-In-Fact	09/23/2025
	** 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 transaction did CULP director Kimberly Bullock Gatling report on the Form 4?

She reported an open-market purchase of 2,347 shares of Culp common stock on 09/22/2025 at $4.2995 per share.

How many CULP shares does Kimberly Bullock Gatling beneficially own after the reported transaction?

38,393 shares of common stock are reported as beneficially owned following the transaction.

When was the transaction executed and when was the Form 4 signed?

Transaction date: 09/22/2025. Form 4 signature date: 09/23/2025 by attorney-in-fact Justin M. Grow.

Does the Form 4 report any derivative securities or dispositions for this reporting person?

No. The filing shows only a single non-derivative acquisition and does not disclose derivative transactions or dispositions.

What was the per-share price of the reported purchase on the Form 4?

$4.2995 per share was the reported purchase price for the 2,347 shares acquired on 09/22/2025.