What price did the CULP CEO pay per share in the reported purchase?

The CULP CEO’s open-market purchase was reported at an estimated price of $4.42 per share. This price reflects a calculation from the 401(k) plan administrator regarding the unit price in the company stock fund for that September 22, 2025 transaction.

How were the CULP CEO’s 401(k) share amounts and prices determined?

The reported share counts and price for the CEO’s 401(k)-related holdings are estimates based on calculations from the 401(k) plan administrator. They reflect units and unit prices in the company stock fund for both the purchased shares and the total units held after the transaction.

What role does CIBC National Trust Company play in the CULP-related trusts?

CIBC National Trust Company holds shares of Culp Inc. in trust for the CEO’s daughter and son. The reporting person is sole trustee of each irrevocable trust, with sole voting, dispositive, and investment power over those 1,740-share positions for each beneficiary.

Form 4: CULP ROBERT GEORGE reports purchase transactions in CULP

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

CULP ROBERT GEORGE IV reported open-market purchase transactions in a Form 4 filing for CULP. The filing lists transactions totaling 7,428 shares at a weighted average price of $4.42 per share. Following the reported transactions, holdings were 111,458 shares.

Insider Trade Summary

Net Buyer: 7,428 shares ($32,832)

Net Buy 4 txns

Insider CULP ROBERT GEORGE IV

Role President & CEO

Bought 7,428 shs ($33K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	7,428	$4.42	$33K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 111,458 shares (Direct); Common Stock — 1,740 shares (Indirect, By Anna S. Culp Irrevocable Trust)

Footnotes (1)

Estimated number of shares based on calculation from 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.

Form 4 Insider Transactions: What Each Field Means →

09/23/2025 - 06:09 PM

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

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)

CULP INNOVATION CENTER AT CONGDON YARDS

410 WEST ENGLISH ROAD - 5TH FLOOR

(Street)

HIGH POINT

27262

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/22/2025		P		7,428⁽¹⁾	A	$4.42⁽²⁾	111,458⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Estimated number of shares based on calculation from 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	09/23/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CULP President & CEO Robert G. Culp IV report?

Robert G. Culp IV reported buying 7,428 shares of Culp Inc. common stock at $4.42 per share in an open-market purchase on September 22, 2025. The shares were credited through units in a 401(k) stock fund based on plan administrator information.

How many CULP shares did Robert G. Culp IV own directly after the transaction?

Following the September 22, 2025 purchase, Robert G. Culp IV beneficially owned 111,458 Culp Inc. shares in a 401(k) stock fund and 295,710 additional shares held directly. These amounts are based on calculations from information provided by the 401(k) plan administrator.

What indirect CULP shareholdings does Robert G. Culp IV report through trusts?

Robert G. Culp IV reports indirect ownership of 1,740 Culp Inc. shares in a trust for his daughter and 1,740 shares in a trust for his son. CIBC National Trust Company holds these shares of record, while he serves as sole trustee with sole voting and investment power.