Culp Inc (CULP) CEO buys 8,739 open-market common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Culp Inc President & CEO Robert George Culp IV reported open‑market purchases of Culp Inc common stock. He bought 4,383 shares at $3.15 per share on March 16, 2026 and 4,356 shares at $3.18 per share on March 17, 2026, totaling 8,739 shares.
After these transactions, he directly owned 120,197 common shares, according to the filing. Additional indirect holdings include 1,740 shares held in a trust for his daughter and 1,740 shares in a trust for his son, where he serves as sole trustee with full voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,739 shares ($27,659)
Net Buy
5 txns
Insider
CULP ROBERT GEORGE IV
Role
President & CEO
Bought
8,739 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,356 | $3.18 | $14K |
| Purchase | Common Stock | 4,383 | $3.15 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 120,197 shares (Direct);
Common Stock — 1,740 shares (Indirect, By Anna S. Culp Irrevocable Trust)
Footnotes (1)
- Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person. Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction. 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 following the reported transaction. These shares are held of record by CIBC National Trust Company in a trust for the benefit of the reporting person's daughter. The reporting person is the sole trustee of this trust, and the reporting person has sole voting, dispositive, and investment power with respect to these shares. These shares are held of record by CIBC National Trust Company in a trust for the benefit of the reporting person's son. The reporting person is the sole trustee of this trust, and the reporting person has sole voting, dispositive, and investment power with respect to these shares.
FAQ
What insider transaction did CULP CEO Robert George Culp IV report?
Robert George Culp IV reported open-market purchases of 8,739 CULP common shares. He bought 4,383 shares at $3.15 on March 16, 2026 and 4,356 shares at $3.18 on March 17, 2026, increasing his direct ownership position.
Are any of the CULP CEO’s holdings in retirement or trust accounts?
Yes. The filing references holdings estimated from a 401(k) stock fund administered by a plan provider. It also shows 1,740 shares in a trust for his daughter and 1,740 shares in a trust for his son, with the CEO as sole trustee.
Does the CULP CEO hold any derivative securities in this Form 4?
No derivative securities are listed in this Form 4 for the CEO. The derivative section is empty, indicating the reported activity relates solely to CULP common stock rather than options, warrants, or other derivative instruments.