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CULP INC (NYSE: CULP) CEO adds 2,768 shares in open-market stock purchase

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

Rhea-AI Filing Summary

CULP INC President & CEO Robert George Culp IV reported an open-market purchase of 2,768 shares of Common Stock on July 9, 2026 at $3.33 per share. Following this transaction, one directly held account shows 129,085 shares. Other reported positions include 295,710 shares held directly and 1,740 shares in each of two irrevocable trusts for his daughter and son, over which he has sole voting and investment power.

Positive

  • None.

Negative

  • None.

Insights

CEO makes a modest open-market share purchase while maintaining substantial existing holdings.

President & CEO Robert George Culp IV bought 2,768 shares of CULP INC Common Stock at $3.33 per share on July 9, 2026 in an open-market transaction. This is a discretionary purchase, not an automatic grant or option exercise.

After the trade, one directly held position stands at 129,085 shares, with another direct holding of 295,710 shares also reported. In addition, there are indirect holdings of 1,740 shares in each of two trusts for his daughter and son, where he has sole voting, dispositive and investment power. The filing does not reference any Rule 10b5-1 trading plan, so the timing appears discretionary.

Insider CULP ROBERT GEORGE IV
Role President & CEO
Bought 2,768 shs ($9K)
Type Security Shares Price Value
Purchase Common Stock 2,768 $3.33 $9K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 129,085 shares (Direct, null); Common Stock — 1,740 shares (Indirect, By Anna S. Culp Irrevocable Trust)
Footnotes (1)
  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.
Shares purchased 2,768 shares Open-market purchase of Common Stock on July 9, 2026
Purchase price $3.33 per share Price paid in the July 9, 2026 open-market transaction
Direct holding A after transaction 129,085 shares Directly held Common Stock position following the reported purchase
Direct holding B 295,710 shares Separate directly held Common Stock position reported in the filing
Trust holding – daughter 1,740 shares Common Stock held in irrevocable trust for daughter, with sole voting and investment power
Trust holding – son 1,740 shares Common Stock held in irrevocable trust for son, with sole voting and investment power
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"These shares are held of record by CIBC National Trust Company in a trust"
dispositive and investment power financial
"the reporting person has sole voting, dispositive and investment power"
401(k) plan administrator financial
"based on information provided by 401(k) plan administrator regarding units"
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FAQ

What shares did CULP (CULP) CEO Robert George Culp IV buy in this Form 4?

President & CEO Robert George Culp IV purchased 2,768 shares of CULP INC Common Stock at $3.33 per share on July 9, 2026 in an open-market transaction.

How many CULP (CULP) shares does the CEO hold directly after this transaction?

After the reported purchase, one directly held position for the CEO shows 129,085 shares of CULP INC Common Stock. Another separate direct holding of 295,710 shares is also reported in the filing.

What was the total value of the CULP (CULP) CEO’s recent share purchase?

The CEO bought 2,768 shares at $3.33 per share, for a reported transaction value of approximately $9,220, based solely on the disclosed per-share price and share count.

Does the CULP (CULP) CEO have indirect holdings through trusts?

Yes. The filing reports 1,740 shares held in a trust for his daughter and 1,740 shares in a trust for his son. He is sole trustee with sole voting and investment power over these shares.

Was the CULP (CULP) CEO’s share purchase made under a 10b5-1 trading plan?

The disclosure describes the transaction as an open-market purchase and does not state that it was made under a Rule 10b5-1 trading plan, indicating discretionary timing based on the information provided.

What is the primary insider trading direction in this CULP (CULP) Form 4?

The primary direction is a net buy. The summary shows one open-market purchase of 2,768 shares and no reported sales, resulting in net share accumulation by the CEO.
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*
CULP ROBERT GEORGE IV

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

(Street)
HIGH POINT NORTH CAROLINA 27260

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026
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 Stock07/09/2026P2,768(1)A$3.33(2)129,085(3)D
Common Stock295,710D
Common Stock1,740IBy Anna S. Culp Irrevocable Trust(4)
Common Stock1,740IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact07/10/2026
** 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)