Culp Inc (CULP) CEO buys 8,739 open-market common shares

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.

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

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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^*

CULP ROBERT GEORGE IV

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		P		4,383(1)	A	$3.15(2)	115,841(3)	D
Common Stock	03/17/2026		P		4,356(1)	A	$3.18(2)	120,197(3)	D
Common Stock								295,710	D
Common Stock								1,740	I	By Anna S. Culp Irrevocable Trust(4)
Common Stock								1,740	I	By Robert G. Culp, V Irrevocable Trust(5)

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:

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.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Justin M. Grow, Attorney-In-Fact	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

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.

How many CULP shares does the CEO own after the latest Form 4?

After the reported transactions, the CEO directly owns 120,197 CULP common shares. The filing also lists indirect holdings of 1,740 shares in a trust for his daughter and 1,740 shares in a trust for his son, where he is sole trustee.

What prices did the CULP CEO pay for recently purchased shares?

The CEO paid $3.15 per share for 4,383 CULP shares on March 16, 2026. He then paid $3.18 per share for 4,356 shares on March 17, 2026, reflecting two consecutive open-market purchase transactions in common stock.

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.