CULP (CULP) chief commercial officer adds 10,000 shares in open-market buys

Rhea-AI Filing Summary

CULP INC Chief Commercial Officer Thomas Bruno reported two open-market purchases of the company’s Common Stock. On the reported date, he bought 5,000 shares at $2.75 per share and an additional 5,000 shares at $2.78 per share, for a total of 10,000 shares acquired. After these transactions, Bruno directly owns 90,000 shares of CULP INC Common Stock, indicating an increased personal stake in the company.

Insider Trade Summary

Net Buyer: 10,000 shares ($27,650)

Net Buy 2 txns

Insider Bruno Thomas

Role Chief Commercial Officer

Bought 10,000 shs ($28K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$2.75	$14K
Purchase	Common Stock	5,000	$2.78	$14K

Holdings After Transaction: Common Stock — 85,000 shares (Direct)

Footnotes (1)

Key Figures

First purchase size: 5,000 shares Second purchase size: 5,000 shares Total shares bought: 10,000 shares +3 more

6 metrics

First purchase size 5,000 shares Common Stock bought at $2.75 per share

Second purchase size 5,000 shares Common Stock bought at $2.78 per share

Total shares bought 10,000 shares Net open-market purchases on the reported date

Purchase price (first trade) $2.75/share Open-market purchase of 5,000 Common Stock shares

Purchase price (second trade) $2.78/share Open-market purchase of 5,000 Common Stock shares

Post-transaction holdings 90,000 shares Direct ownership of CULP Common Stock after trades

Key Terms

open-market purchase, Common Stock, Form 4, transaction code "P"

4 terms

open-market purchase financial

"transaction_action: "open-market purchase""

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.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "P" financial

"transaction_code_description: "Purchase in open market or private transaction""

Form 4 Insider Transactions: What Each Field Means →

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^*

Bruno Thomas

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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	04/02/2026		P		5,000	A	$2.75	85,000	D
Common Stock	04/02/2026		P		5,000	A	$2.78	90,000	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

Explanation of Responses:

	/s/ Justin M. Grow, Attorney-In-Fact	04/06/2026
	** 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 (CULP) report for Thomas Bruno?

CULP reported that Chief Commercial Officer Thomas Bruno made two open-market purchases of Common Stock. He acquired a total of 10,000 shares in separate trades, increasing his direct ownership stake in the company to 90,000 shares after the transactions.

How many CULP (CULP) shares did Thomas Bruno buy and at what prices?

Thomas Bruno bought 10,000 CULP shares in total. He purchased 5,000 shares at $2.75 per share and another 5,000 shares at $2.78 per share, reflecting open-market transactions at slightly different price levels on the same date.

What is Thomas Bruno’s total CULP (CULP) share ownership after the Form 4 trades?

After the reported trades, Thomas Bruno directly owns 90,000 shares of CULP Common Stock. This figure includes his existing holdings plus the 10,000 shares acquired through the two open-market purchases disclosed in the Form 4 filing.

Were the CULP (CULP) insider transactions by Thomas Bruno buys or sales?

The transactions reported for Thomas Bruno were open-market purchases, not sales. Both entries in the Form 4 use transaction code “P” and are classified as buy-direction trades, showing he added 10,000 CULP Common Stock shares to his direct holdings.

What does transaction code “P” mean in Thomas Bruno’s CULP (CULP) Form 4?

Transaction code “P” on the Form 4 indicates an open-market or private purchase of the security. In this case, it confirms that Thomas Bruno’s two reported trades were buy transactions for CULP Common Stock rather than sales or derivative exercises.