Culp former director converts 14,389 stock units

The units were based on Jackson remaining a director as of the earlier of the grant's one-year anniversary or a qualifying annual meeting.

Available on EDGAR 09/24/2026 - 11:29 AM EDT Accepted by SEC EDGAR 09/24/2026 - 11:28 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CULP INC's former director Fred A. Jackson converted 14,389 restricted stock units into 14,389 shares of common stock on September 23, 2026. His reported direct common-stock holdings after the transaction were 105,462 shares. He held no more restricted stock units with a vesting date of the September 23, 2026 annual meeting. No Rule 10b5-1 plan is reported for the transaction.

Insider Trade Summary

14,389 shares exercised/converted

Exercise 2 txns

Insider JACKSON FRED A

Role Insider

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2, F3, F4	14,389	$0.00	$0.00
Exercise	Common Stock	14,389	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 units (Direct); Common Stock — 105,462 shares (Direct)

Footnotes (4)

1. F1. Contingent right to receive issuance of Culp, Inc. common stock.
2. F2. Amount reported as 14,252 due to clerical error on Form 4 filed September 25, 2025.
3. F3. These restricted stock units represent the right to receive 14,389 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting.
4. F4. The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 23, 2026, annual meeting of shareholders.

Key Figures

Restricted stock units converted: 14,389 restricted stock units Common shares acquired: 14,389 shares Common shares held after transaction: 105,462 shares

3 metrics

Restricted stock units converted 14,389 restricted stock units September 23, 2026

Common shares acquired 14,389 shares September 23, 2026

Common shares held after transaction 105,462 shares Direct holdings following the transaction

Key Terms

Restricted Stock Units, Contingent right, vesting date

3 terms

Restricted Stock Units financial

"These restricted stock units represent the right to receive 14,389 shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Contingent right financial

"Contingent right to receive issuance of Culp, Inc. common stock."

vesting date financial

"no more restricted stock units with a vesting date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CULP shares did former director Fred A. Jackson receive?

Fred A. Jackson received 14,389 shares of common stock upon conversion of 14,389 restricted stock units on September 23, 2026.

How many CULP common shares did Fred A. Jackson hold after the transaction?

Fred A. Jackson reported direct holdings of 105,462 common shares following the transaction.

What service condition applied to Fred A. Jackson's CULP restricted stock units?

The units represented a right to receive 14,389 shares based on Jackson remaining a director as of the earlier of the grant's one-year anniversary or the next annual meeting of shareholders at least 50 weeks after the prior year's annual meeting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

JACKSON FRED A

(Last) (First) (Middle)

C/O FUDDICK CORP

301 S TRYON ST STE 1800

(Street)

CHARLOTTE NORTH CAROLINA 28202

(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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026

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	09/23/2026		M		14,389	A	$0	105,462	D

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
Restricted Stock Units(1)	$0	09/23/2026		M			14,389(2)	(3)	(3)	Common Stock	14,389	$0	0(4)	D

Explanation of Responses:

1. Contingent right to receive issuance of Culp, Inc. common stock.

2. Amount reported as 14,252 due to clerical error on Form 4 filed September 25, 2025.

3. These restricted stock units represent the right to receive 14,389 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting.

4. The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 23, 2026, annual meeting of shareholders.

	/s/ Justin M. Grow, Attorney-In-Fact	09/24/2026
	** 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)