STOCK TITAN

[Form 4] CULP INC Insider Trading Activity

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

Alexander B. Jones, a director of Culp, Inc. (CULP), reported restricted stock unit transactions dated September 24-25, 2025. The Form 4 shows contingent rights to receive 9,197 shares tied to a September 24, 2025 grant and an additional 13,064 restricted stock units granted on September 25, 2025. The reported RSUs are described as contingent on the reporting person remaining a director through the earlier of the one-year anniversary of the grant or the next annual meeting that is at least 50 weeks after the prior meeting.

The filing records an acquisition code and zero per-share price, indicating issuance of RSUs rather than a cash purchase. The report also notes the reporting person may be part of a Section 13(d) group owning more than 10% of the issuer and disclaims beneficial ownership of securities held by other group members.

Alexander B. Jones, un membro del consiglio di amministrazione di Culp, Inc. (CULP), ha riportato operazioni su unità azionarie soggette a restrizioni (RSU) risalenti al 24-25 settembre 2025. Il Modulo 4 mostra diritti contingentati a ricevere 9.197 azioni legati a una concessione del 24 settembre 2025 e ulteriori 13.064 RSU concesse il 25 settembre 2025. Le RSU riportate sono descritte come dipendenti dal fatto che la persona annotata resti direttore fino all'anticipo della scadenza di un anno dalla concessione o fino alla prossima assemblea annuale che avrà luogo non prima di 50 settimane dalla precedente.

Il fascicolo registra un codice di acquisizione e un prezzo per azione pari a zero, il che indica l'emissione di RSU anziché un acquisto in contanti. Il rapporto segnala inoltre che la persona annotata potrebbe far parte di un raggruppamento ai sensi della Sezione 13(d) che detiene oltre il 10% dell'emittente e esclude la titolarità benefica dei titoli detenuti dagli altri membri del gruppo.

Alexander B. Jones, un director de Culp, Inc. (CULP), reportó transacciones de unidades de acciones restringidas (RSU) fechadas el 24-25 de septiembre de 2025. El Formulario 4 muestra derechos contingentes para recibir 9,197 acciones vinculadas a una adjudicación del 24 de septiembre de 2025 y otras 13,064 RSU concedidas el 25 de septiembre de 2025. Las RSU reportadas se describen como contingentes a que la persona informante permanezca como director hasta el primero de los siguientes hitos: el aniversario de un año de la adjudicación o la próxima reunión anual que tenga lugar al menos 50 semanas después de la anterior.

El archivo registra un código de adquisición y un precio por acción de cero, lo que indica emisión de RSU en lugar de una compra en efectivo. El informe también señala que la persona informante podría formar parte de un grupo de la Sección 13(d) que posee más del 10% del emisor y se declara no ser titular beneficioso de valores en poder de otros miembros del grupo.

Alexander B. Jones는 Culp, Inc. (CULP)의 이사로서 2025년 9월 24-25일로 기재된 제한 주식 단위(RSU) 거래를 보고했습니다. Form 4에는 2025년 9월 24일 부여 시점에 연결된 9,197주의 수령 권리와 2025년 9월 25일에 부여된 추가 13,064RSU가 표시되어 있습니다. 보고된 RSU는 보고자가 최초의 1주년 기념일 또는 이전 모임 이후 최소 50주가 지난 다음 연례회의 중 이른 시점까지 이사로 남아 있는 경우에 contingent로 간주됩니다.

filing은 인수 코드와 주당 가격 0을 기록하여 현금 구매가 아닌 RSU의 발행을 나타냅니다. 보고서는 또한 보고자가 발행회사의 10% 이상을 소유하는 Section 13(d) 그룹의 일부일 수 있으며 다른 그룹 구성원이 보유한 증권에 대해 유익한 소유권을 포기한다고 명시합니다.

Alexander B. Jones, administrateur de Culp, Inc. (CULP), a déclaré des transactions d’unités d’actions restreintes (RSU) datées du 24 et 25 septembre 2025. Le formulaire 4 indique des droits contingents de recevoir 9 197 actions liées à une attribution du 24 septembre 2025 et 13 064 RSU supplémentaires accordées le 25 septembre 2025. Les RSU reportées sont décrites comme conditionnées par le fait que la personne déclarée reste administrateur jusqu’à l’anniversaire d’un an suivant l’attribution ou jusqu’à la prochaine assemblée annuelle qui aura lieu au moins 50 semaines après la précédente.

Le dossier enregistre un code d’acquisition et un prix par action nul, indiquant l’émission de RSU plutôt qu’un achat en espèces. Le rapport note également que la personne déclarée pourrait faire partie d’un groupe de la Section 13(d) détenant plus de 10% de l’émetteur et il décline toute propriété bénéfique des titres détenus par les autres membres du groupe.

Alexander B. Jones, ein Vorstand von Culp, Inc. (CULP), meldete Transaktionen mit Restricted Stock Units (RSU) vom 24. bis 25. September 2025. Das Formular 4 zeigt bedingte Rechte zum Erhalt von 9.197 Aktien im Zusammenhang mit einer Zuteilung vom 24. September 2025 sowie zusätzlich 13.064 RSUs, die am 25. September 2025 gewährt wurden. Die gemeldeten RSUs werden als davon abhängig beschrieben, dass die meldende Person bis zum frühesten der einjährigen Jubiläumsfrist der Zuteilung oder der nächsten Hauptversammlung, die mindestens 50 Wochen nach der vorherigen stattfindet, Direktor bleibt.

Die Einreichung verzeichnet einen Erwerbskenncode und einen Nullpreis pro Aktie, was auf eine Ausgabe von RSUs statt eines Bargeldkaufs hinweist. Der Bericht merkt auch an, dass die meldende Person möglicherweise Teil einer Section 13(d)-Gruppe ist, die mehr als 10% des Emittenten besitzt, und erklärt, dass sie kein Beneficial Ownership an Wertpapieren anderer Gruppenmitglieder besitzt.

ألكسندر ب. جونز، مدير في Culp, Inc. (CULP)، قد أبلغ عن معاملات وحدات أسهم مقيدة (RSU) بتاريخ 24-25 سبتمبر 2025. يظهر النموذج 4 حقوقاً شرطية لتلقي 9,197 سهماً مرتبطة بمنح في 24 سبتمبر 2025 و< b>13,064 RSU إضافية مُنحت في 25 سبتمبر 2025. تُوصف RSU المبلغ عنها بأنها مشروطة ببقاء الشخص المبلغ له مديراً حتى أقرب نهاية للمدة التي تبلغ سنة من المنح أو الاجتماع السنوي التالي الذي يكون على الأقل بعد 50 أسبوعاً من الاجتماع السابق.

يسجل الملف رمز اكتساب وسعر سهْم صفري، مما يشير إلى إصدار RSU وليس شراء نقدي. كما يُشير التقرير إلى أن الشخص المبلغ قد يكون جزءاً من مجموعة Section 13(d) تمتلك أكثر من 10% من المُصدر وينفي الملكية الفاعلة للأوراق المالية التي يمتلكها أعضاء المجموعة الآخرون.

Alexander B. Jones,Culp, Inc.(CULP)的董事,报告了日期为2025年9月24日至25日的受限股票单位(RSU)交易。 Form 4显示与2025年9月24日授予相关的< b>9,197股受限权,以及在2025年9月25日授予的额外< b>13,064个RSU。所报 RSU 被描述为取决于报告人作为董事至少在授予的一周年纪念日之前,或在上次会议之后至少50周后的下次年会召开之间的任一较早日期内继续任职。

该文件记录了一个取得代码和每股价格为零,表明发行的是 RSU 而非现金购买。报告还指出,报告人可能是拥有者超过10%之发行人股份的第13(d)条款小组的一员,并对其他小组成员所持证券的受益所有权予以否认。

Positive
  • Director received equity compensation totaling 22,261 restricted stock units, aligning interests with shareholders
  • RSUs are service-based and contingent, which ties value to continued board service
Negative
  • Reporting person may be part of a Section 13(d) group owning >10%, which could complicate ownership disclosures
  • RSUs are contingent and not immediately vested or issued, so no immediate share issuance is guaranteed

Insights

TL;DR: Routine director equity grants tied to continued service; governance note about potential Section 13(d) group membership.

The transaction reflects standard director compensation via restricted stock units that vest based on continued board service or timing of the annual meeting. Such grants align director incentives with shareholder value without immediate dilution because they are contingent and reported as RSUs with a $0 exercise price until issuance. The disclosure that the reporting person "may be deemed" part of a Section 13(d) group is a governance footnote that could affect disclosure obligations but does not, by itself, quantify additional holdings.

TL;DR: Insider acquired contingent rights to 22,261 shares; transaction appears administrative and non-cash.

The Form 4 documents acquisition of a total of 22,261 restricted stock units (9,197 and 13,064) granted on consecutive dates and reported under transaction codes consistent with issuance of equity awards. The reported price of $0 indicates these are service-based RSUs rather than market purchases. The post-transaction beneficial ownership figures are disclosed for the affected classes; no derivatives exercisable immediately or cash consideration are reported.

Alexander B. Jones, un membro del consiglio di amministrazione di Culp, Inc. (CULP), ha riportato operazioni su unità azionarie soggette a restrizioni (RSU) risalenti al 24-25 settembre 2025. Il Modulo 4 mostra diritti contingentati a ricevere 9.197 azioni legati a una concessione del 24 settembre 2025 e ulteriori 13.064 RSU concesse il 25 settembre 2025. Le RSU riportate sono descritte come dipendenti dal fatto che la persona annotata resti direttore fino all'anticipo della scadenza di un anno dalla concessione o fino alla prossima assemblea annuale che avrà luogo non prima di 50 settimane dalla precedente.

Il fascicolo registra un codice di acquisizione e un prezzo per azione pari a zero, il che indica l'emissione di RSU anziché un acquisto in contanti. Il rapporto segnala inoltre che la persona annotata potrebbe far parte di un raggruppamento ai sensi della Sezione 13(d) che detiene oltre il 10% dell'emittente e esclude la titolarità benefica dei titoli detenuti dagli altri membri del gruppo.

Alexander B. Jones, un director de Culp, Inc. (CULP), reportó transacciones de unidades de acciones restringidas (RSU) fechadas el 24-25 de septiembre de 2025. El Formulario 4 muestra derechos contingentes para recibir 9,197 acciones vinculadas a una adjudicación del 24 de septiembre de 2025 y otras 13,064 RSU concedidas el 25 de septiembre de 2025. Las RSU reportadas se describen como contingentes a que la persona informante permanezca como director hasta el primero de los siguientes hitos: el aniversario de un año de la adjudicación o la próxima reunión anual que tenga lugar al menos 50 semanas después de la anterior.

El archivo registra un código de adquisición y un precio por acción de cero, lo que indica emisión de RSU en lugar de una compra en efectivo. El informe también señala que la persona informante podría formar parte de un grupo de la Sección 13(d) que posee más del 10% del emisor y se declara no ser titular beneficioso de valores en poder de otros miembros del grupo.

Alexander B. Jones는 Culp, Inc. (CULP)의 이사로서 2025년 9월 24-25일로 기재된 제한 주식 단위(RSU) 거래를 보고했습니다. Form 4에는 2025년 9월 24일 부여 시점에 연결된 9,197주의 수령 권리와 2025년 9월 25일에 부여된 추가 13,064RSU가 표시되어 있습니다. 보고된 RSU는 보고자가 최초의 1주년 기념일 또는 이전 모임 이후 최소 50주가 지난 다음 연례회의 중 이른 시점까지 이사로 남아 있는 경우에 contingent로 간주됩니다.

filing은 인수 코드와 주당 가격 0을 기록하여 현금 구매가 아닌 RSU의 발행을 나타냅니다. 보고서는 또한 보고자가 발행회사의 10% 이상을 소유하는 Section 13(d) 그룹의 일부일 수 있으며 다른 그룹 구성원이 보유한 증권에 대해 유익한 소유권을 포기한다고 명시합니다.

Alexander B. Jones, administrateur de Culp, Inc. (CULP), a déclaré des transactions d’unités d’actions restreintes (RSU) datées du 24 et 25 septembre 2025. Le formulaire 4 indique des droits contingents de recevoir 9 197 actions liées à une attribution du 24 septembre 2025 et 13 064 RSU supplémentaires accordées le 25 septembre 2025. Les RSU reportées sont décrites comme conditionnées par le fait que la personne déclarée reste administrateur jusqu’à l’anniversaire d’un an suivant l’attribution ou jusqu’à la prochaine assemblée annuelle qui aura lieu au moins 50 semaines après la précédente.

Le dossier enregistre un code d’acquisition et un prix par action nul, indiquant l’émission de RSU plutôt qu’un achat en espèces. Le rapport note également que la personne déclarée pourrait faire partie d’un groupe de la Section 13(d) détenant plus de 10% de l’émetteur et il décline toute propriété bénéfique des titres détenus par les autres membres du groupe.

Alexander B. Jones, ein Vorstand von Culp, Inc. (CULP), meldete Transaktionen mit Restricted Stock Units (RSU) vom 24. bis 25. September 2025. Das Formular 4 zeigt bedingte Rechte zum Erhalt von 9.197 Aktien im Zusammenhang mit einer Zuteilung vom 24. September 2025 sowie zusätzlich 13.064 RSUs, die am 25. September 2025 gewährt wurden. Die gemeldeten RSUs werden als davon abhängig beschrieben, dass die meldende Person bis zum frühesten der einjährigen Jubiläumsfrist der Zuteilung oder der nächsten Hauptversammlung, die mindestens 50 Wochen nach der vorherigen stattfindet, Direktor bleibt.

Die Einreichung verzeichnet einen Erwerbskenncode und einen Nullpreis pro Aktie, was auf eine Ausgabe von RSUs statt eines Bargeldkaufs hinweist. Der Bericht merkt auch an, dass die meldende Person möglicherweise Teil einer Section 13(d)-Gruppe ist, die mehr als 10% des Emittenten besitzt, und erklärt, dass sie kein Beneficial Ownership an Wertpapieren anderer Gruppenmitglieder besitzt.

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).
1. Name and Address of Reporting Person*
Jones Alexander B

(Last) (First) (Middle)
590 1ST AVE. S
UNIT C1

(Street)
SEATTLE WA 98104

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025
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)
Code V Amount (A) or (D) Price
Common Stock(2) 09/24/2025 M 9,197 A $0 9,722 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)(2) $0 09/24/2025 M 9,197 (3) (3) Common Stock 9,197 $0 0(4) D
Restricted Stock Units(1)(2) $0 09/25/2025 A 13,064 (5) (5) Common Stock 13,064 $0 13,064 D
Explanation of Responses:
1. Contingent right to receive issuance of Culp, Inc. common stock.
2. The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding common stock. The reporting person disclaims beneficial ownership of the securities owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
3. These restricted stock units represent the right to receive 9,197 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 24, 2025, annual meeting of shareholders.
5. These restricted stock units represent the right to receive 13,064 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 Issuer's September 24, 2025, annual meeting of shareholders.
/s/ Justin M. Grow, Attorney-In-Fact 09/25/2025
** 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.

FAQ

What did Alexander B. Jones report on Form 4 for CULP?

The Form 4 reports acquisition of 9,197 RSUs on 09/24/2025 and 13,064 RSUs on 09/25/2025, contingent on continued service as a director.

Do the reported transactions involve cash purchases?

No. The Form 4 shows a reported price of $0, indicating service-based restricted stock units rather than cash purchases.

How many total restricted stock units were granted to the director?

A total of 22,261 restricted stock units were reported (9,197 + 13,064).

Are these RSUs immediately vested and issued?

No. Explanations state the RSUs are contingent on remaining a director until the earlier of one-year anniversary of grant or the next qualifying annual meeting.

Does the filing indicate any large ownership group?

Yes. The filer notes he may be deemed a member of a Section 13(d) group that collectively owns more than 10% of Culp, Inc., and disclaims beneficial ownership of others' securities.
Culp Inc

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54.08M
11.22M
7.83%
64.15%
0.22%
Textile Manufacturing
Broadwoven Fabric Mills, Cotton
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United States
HIGH POINT