STOCK TITAN

COO of CULP (CULP) acquires 5,000 shares in open-market stock purchases

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

CULP INC Chief Operating Officer Mary Elizabeth Hunsberger increased her personal stake by buying 5,000 shares of common stock in open-market transactions. She purchased 3,721 shares at $3.06 per share and 1,279 shares at $3.13 per share on March 18, 2026. Following these purchases, she directly owns 20,000 CULP shares.

Positive

  • None.

Negative

  • None.

Insights

COO makes a modest open-market share purchase, signaling increased personal exposure.

Mary Elizabeth Hunsberger, Chief Operating Officer of CULP INC, executed two open-market purchases totaling 5,000 common shares at prices between $3.06 and $3.13 per share. These are discretionary buys, not option exercises or tax events.

The transactions raise her direct holdings to 20,000 shares, indicating a larger personal equity position in the company. The filing shows only common stock purchases, with no derivative positions reported, suggesting this move is straightforward stock accumulation rather than part of a complex options strategy.

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*
Hunsberger Mary Elizabeth

(Last)(First)(Middle)
410 W. ENGLISH ROAD, 5TH FLOOR

(Street)
HIGH POINT NORTH CAROLINA 27262

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
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 Stock03/18/2026P3,721A$3.0618,721D
Common Stock03/18/2026P1,279A$3.1320,000D
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
Explanation of Responses:
/s/ Mary Beth Hunsberger03/20/2026
** 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)

FAQ

What did CULP (CULP) executive Mary Elizabeth Hunsberger report in this Form 4?

Mary Elizabeth Hunsberger reported open-market purchases of CULP INC common stock. She bought 5,000 shares on March 18, 2026, at prices between $3.06 and $3.13 per share, increasing her direct ownership to 20,000 shares.

How many CULP (CULP) shares did the COO buy and at what prices?

The COO bought a total of 5,000 CULP shares in two trades. She purchased 3,721 shares at $3.06 per share and 1,279 shares at $3.13 per share, all reported as open-market purchases on March 18, 2026.

What is Mary Elizabeth Hunsberger’s CULP (CULP) share ownership after these transactions?

After the reported transactions, Mary Elizabeth Hunsberger directly owns 20,000 shares of CULP common stock. The Form 4 shows this post-transaction total, reflecting the addition of 5,000 shares acquired in open-market purchases on March 18, 2026.

Were the CULP (CULP) Form 4 transactions option exercises or open-market purchases?

The transactions were open-market purchases of common stock, coded as “P” on the Form 4. There were no derivative exercises reported, and the filing classifies both trades as non-derivative transactions involving direct ownership of CULP common shares.

Does the CULP (CULP) Form 4 show any stock sales by the COO?

No, the Form 4 shows only purchases of CULP common stock. The transaction summary indicates two buy transactions totaling 5,000 shares, with zero reported sales, gifts, tax withholdings, or derivative exercises in this filing.
Culp Inc

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35.33M
11.28M
Textile Manufacturing
Broadwoven Fabric Mills, Cotton
Link
United States
HIGH POINT