Culp Inc (CULP) CEO buys 2,941 shares, expanding holdings

Rhea-AI Filing Summary

Culp Inc President & CEO Robert George Culp IV reported an open-market purchase of 2,941 shares of Culp common stock on March 18, 2026 at $3.13 per share. After this trade, he directly holds 123,138 shares.

Additional entries show a larger direct holding of 295,710 shares, including estimates tied to a 401(k) stock fund, plus 1,740 shares in a trust for his daughter and 1,740 shares in a trust for his son, where he is sole trustee with full voting and investment power.

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

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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 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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	03/18/2026		P		2,941(1)	A	$3.13(2)	123,138(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 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	03/20/2026
	** 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 CEO Robert George Culp IV report?

He reported buying 2,941 CULP shares in the open market at $3.13 each. The Form 4 shows this non-derivative purchase on March 18, 2026, increasing his directly held common stock position at the company.

How many CULP shares does the CEO hold directly after this Form 4?

After the reported purchase, the CEO directly holds 123,138 CULP shares. The filing also lists a larger direct balance of 295,710 shares, reflecting estimated holdings in a 401(k) stock fund based on plan administrator information.

Are there indirect CULP share holdings related to the CEO in this filing?

Yes, two indirect positions of 1,740 CULP shares each are disclosed. These are held in irrevocable trusts for the reporting person’s daughter and son, where he is sole trustee with sole voting, dispositive, and investment power over the shares.

What does the Form 4 reveal about the nature of the CEO’s CULP share purchase?

The transaction is classified as an open-market purchase of common stock. It is coded as a non-derivative “P” transaction, indicating a straightforward buy rather than an option exercise, gift, or tax-withholding event.

How many net CULP shares did the CEO buy according to the transaction summary?

The transaction summary shows a net buy of 2,941 CULP shares. It records one buy transaction, zero sales, and net-buy direction, with no derivative exercises, gifts, or tax-withholding dispositions reported in this Form 4.