[Form 4] CULP INC Insider Trading Activity
John Allen Baugh, a reporting person affiliated with Culp, Inc. (CULP), acquired 9,197 restricted stock units on 09/24/2025 under a Form 4 filing. The RSUs have a $0 conversion/exercise price and represent a contingent right to receive 9,197 shares of Culp common stock if the reporting person remains a director until the earlier of the one-year anniversary of the grant or the next annual shareholders meeting that is at least 50 weeks after the prior meeting. Following the reported acquisition, the filing shows the reporting person beneficially owns 56,275 shares of Culp common stock. The Form 4 was signed by an attorney-in-fact on 09/25/2025.
John Allen Baugh, una persona che segnala affiliata a Culp, Inc. (CULP), ha acquistato 9,197 unità di stock restrictions (RSU) il 24/09/2025 nell'ambito di una presentazione Form 4. Le RSU hanno un prezzo di conversione/esercizio di $0 e rappresentano un diritto contingente a ricevere 9,197 azioni ordinarie di Culp se la persona che segnala rimane direttore fino al primo anniversario o fino alla prossima assemblea annuale degli azionisti che si tiene almeno 50 settimane dopo l'incontro precedente. A seguito dell'acquisizione riportata, la presentazione mostra che la persona che segnala detiene beneficiariamente 56,275 azioni ordinarie di Culp. Il Form 4 è stato firmato da un procuratore-in-fatto il 25/09/2025.
John Allen Baugh, una persona informante afiliada a Culp, Inc. (CULP), adquirió 9,197 unidades de acciones restringidas el 24/09/2025 mediante una presentación Form 4. Las RSU tienen un precio de conversión/ejercicio de $0 y representan un derecho contingente a recibir 9,197 acciones ordinarias de Culp si la persona informante permanece como director hasta el primero de: el aniversario de un año desde la adjudicación o la próxima asamblea general anual de accionistas que se celebre al menos 50 semanas después de la anterior. Tras la adquisición reportada, la presentación muestra que la persona informante posee de forma beneficiosa 56,275 acciones ordinarias de Culp. El Form 4 fue firmado por un apoderado el 25/09/2025.
John Allen Baugh는 Culp, Inc. (CULP)와 연계된 보고인으로서 2025년 9월 24일 9,197주 Restricted Stock Units(RSU)을 Form 4 제출을 통해 취득했습니다. RSU는 변환/행사가격이 0달러이며, 보고인이 이사가 될 때까지의 최초 1주년 기념일 또는 이전 모임 후 최소 50주가 지난 뒤에 열리는 다음 연차주주총회 중 먼저 해당하는 경우 9,197주 Culp 보통주를 받을 수 있는 조건부 권리를 나타냅니다. 보고된 취득 후, 이 보고인은 보통주 56,275주를 실질적으로 소유하는 것으로 기재되어 있습니다. Form 4는 2025년 9월 25일에 대리인이 서명했습니다.
John Allen Baugh, une personne déclarante affiliée à Culp, Inc. (CULP), a acquis le 9,197 unités d'actions restreintes le 24/09/2025 dans le cadre d'un dépôt Form 4. Les RSU ont un prix de conversion/exercice de 0 $ et représentent un droit conditionnel de recevoir 9,197 actions ordinaires de Culp si la personne déclarante reste administrateur jusqu'à la première annIversaire ou la prochaine assemblée générale annuelle des actionnaires qui a lieu au moins 50 semaines après la réunion précédente. Suite à cet acquisition reportée, le dépôt indique que la personne déclarante possède bénéficiairement 56,275 actions ordinaires de Culp. Le Form 4 a été signé par un mandataire le 25/09/2025.
John Allen Baugh, eine meldende Person, die mit Culp, Inc. (CULP) verbunden ist, hat am 24.09.2025 9,197 Restricted Stock Units im Rahmen einer Form 4-Einreichung erworben. Die RSUs haben einen Ausführungs-/Umwandlungspreis von 0 $ und stellen ein bedingtes Recht dar, 9,197 Stammaktien von Culp zu erhalten, wenn die meldende Person bis zum früheren der einjährigen Jubiläumsfeier oder der nächsten ordentlichen Hauptversammlung der Aktionäre, die mindestens 50 Wochen nach der vorherigen Sitzung stattfindet, Direktor bleibt. Nach dem berichteten Erwerb hält die meldende Person gemäß Einreichung benefizient 56,275 Stammaktien von Culp. Das Form 4 wurde von einem Bevollmächtigten am 25.09.2025 unterschrieben.
John Allen Baugh، وهو شخص مُبلّغ مرتبط بشركة Culp, Inc. (CULP)، قد اكتسب 9,197 وحدة أسهم مقيدة في 24/09/2025 بموجب تقديم Form 4. RSU لديها سعر تحويل/تمرين قدره 0 دولار وتمثل حقًا مشروطًا في تلقي 9,197 سهمًا اعتياديًا من Culp إذا ظل الشخص المبلغ عنه مديرًا حتى أول ذكرى بعد مرور عام أو حتى الاجتماع السنوي القادم للمساهمين الذي يعقد على الأقل بعد 50 أسبوعًا من الاجتماع السابق. بعد الاستحواذ المذكور، يظهر الملف أن الشخص المبلغ يمتلك فعليًا 56,275 سهمًا اعتياديًا من Culp. تم توقيع Form 4 بواسطة وكيل في 25/09/2025.
John Allen Baugh，一名与 Culp, Inc.（CULP）相关的申报人，已于2025年9月24日通过 Form 4 备案获得 9,197 股受限股票单位（RSU）。这些 RSU 的转换/行使价格为 0 美元，表示在申报人继续担任董事直到授予日一周年纪念日与前一次会议之间的较早日期，或下一次至少比上次会议晚 50 周举行的股东年会之时，有权有条件地收取 9,197 股 Culp 普通股。据该披露，申报人实际持有 56,275 股 Culp 普通股。该 Form 4 由代理律师于 2025 年 9 月 25 日签署。
- Acquisition disclosed: Reporting person acquired 9,197 restricted stock units, increasing reported beneficial ownership to 56,275 shares.
- Clear vesting condition: RSUs are contingent on continued directorship until the earlier of one-year anniversary or the next qualifying annual meeting, which is explicitly stated.
- None.
Insights
TL;DR: Officer acquired 9,197 RSUs that vest on a time/tenure condition, increasing reported beneficial ownership to 56,275 shares.
The acquisition is a routine insider equity award disclosed on Form 4. The award is structured as restricted stock units with a $0 conversion price and a contingency tying issuance to continued service as a director until a vesting date defined by time or the next qualifying annual meeting. For investors, the filing shows insider alignment via additional equity ownership but does not provide dilution, grant date fair value, or total outstanding share count, limiting assessment of materiality in percentage terms.
TL;DR: Governance-standard RSU grant disclosed; vesting conditioned on continued board service, as described in the filing.
The disclosure clearly states the restricted stock units are contingent on the reporting person remaining a director until a specified milestone. This is a standard retention/compensation mechanism for directors. The Form 4 quantifies the award (9,197 RSUs) and the resulting beneficial ownership (56,275 shares), which are relevant for governance transparency. The filing lacks specifics on grant approvals, plan references, or potential acceleration provisions.
John Allen Baugh, una persona che segnala affiliata a Culp, Inc. (CULP), ha acquistato 9,197 unità di stock restrictions (RSU) il 24/09/2025 nell'ambito di una presentazione Form 4. Le RSU hanno un prezzo di conversione/esercizio di $0 e rappresentano un diritto contingente a ricevere 9,197 azioni ordinarie di Culp se la persona che segnala rimane direttore fino al primo anniversario o fino alla prossima assemblea annuale degli azionisti che si tiene almeno 50 settimane dopo l'incontro precedente. A seguito dell'acquisizione riportata, la presentazione mostra che la persona che segnala detiene beneficiariamente 56,275 azioni ordinarie di Culp. Il Form 4 è stato firmato da un procuratore-in-fatto il 25/09/2025.
John Allen Baugh, una persona informante afiliada a Culp, Inc. (CULP), adquirió 9,197 unidades de acciones restringidas el 24/09/2025 mediante una presentación Form 4. Las RSU tienen un precio de conversión/ejercicio de $0 y representan un derecho contingente a recibir 9,197 acciones ordinarias de Culp si la persona informante permanece como director hasta el primero de: el aniversario de un año desde la adjudicación o la próxima asamblea general anual de accionistas que se celebre al menos 50 semanas después de la anterior. Tras la adquisición reportada, la presentación muestra que la persona informante posee de forma beneficiosa 56,275 acciones ordinarias de Culp. El Form 4 fue firmado por un apoderado el 25/09/2025.
John Allen Baugh는 Culp, Inc. (CULP)와 연계된 보고인으로서 2025년 9월 24일 9,197주 Restricted Stock Units(RSU)을 Form 4 제출을 통해 취득했습니다. RSU는 변환/행사가격이 0달러이며, 보고인이 이사가 될 때까지의 최초 1주년 기념일 또는 이전 모임 후 최소 50주가 지난 뒤에 열리는 다음 연차주주총회 중 먼저 해당하는 경우 9,197주 Culp 보통주를 받을 수 있는 조건부 권리를 나타냅니다. 보고된 취득 후, 이 보고인은 보통주 56,275주를 실질적으로 소유하는 것으로 기재되어 있습니다. Form 4는 2025년 9월 25일에 대리인이 서명했습니다.
John Allen Baugh, une personne déclarante affiliée à Culp, Inc. (CULP), a acquis le 9,197 unités d'actions restreintes le 24/09/2025 dans le cadre d'un dépôt Form 4. Les RSU ont un prix de conversion/exercice de 0 $ et représentent un droit conditionnel de recevoir 9,197 actions ordinaires de Culp si la personne déclarante reste administrateur jusqu'à la première annIversaire ou la prochaine assemblée générale annuelle des actionnaires qui a lieu au moins 50 semaines après la réunion précédente. Suite à cet acquisition reportée, le dépôt indique que la personne déclarante possède bénéficiairement 56,275 actions ordinaires de Culp. Le Form 4 a été signé par un mandataire le 25/09/2025.
John Allen Baugh, eine meldende Person, die mit Culp, Inc. (CULP) verbunden ist, hat am 24.09.2025 9,197 Restricted Stock Units im Rahmen einer Form 4-Einreichung erworben. Die RSUs haben einen Ausführungs-/Umwandlungspreis von 0 $ und stellen ein bedingtes Recht dar, 9,197 Stammaktien von Culp zu erhalten, wenn die meldende Person bis zum früheren der einjährigen Jubiläumsfeier oder der nächsten ordentlichen Hauptversammlung der Aktionäre, die mindestens 50 Wochen nach der vorherigen Sitzung stattfindet, Direktor bleibt. Nach dem berichteten Erwerb hält die meldende Person gemäß Einreichung benefizient 56,275 Stammaktien von Culp. Das Form 4 wurde von einem Bevollmächtigten am 25.09.2025 unterschrieben.
FAQ
What did John Allen Baugh report on the CULP Form 4?
Do the restricted stock units have an exercise or conversion price?
What is the vesting condition for the 9,197 RSUs?
When was the Form 4 signed and filed?
Does the Form 4 disclose any cash purchase price paid for the securities?
