Culp Inc CFO buys 5,000 shares at $3.60
CULP INC’s Chief Financial Officer increased her direct holdings with a 5,000‑share open‑market purchase at about $3.60 per share.
Rhea-AI Filing Summary
CULP INC (CULP) reported that its Chief Financial Officer, Mary Elizabeth Hunsberger, purchased common stock in an open-market transaction. On September 22, 2026, she bought 5,000 shares of CULP common stock at a weighted average price of $3.60 per share, with individual trade prices ranging from $3.59 to $3.61. Following this transaction, she directly holds 38,028 shares of CULP common stock. No Rule 10b5-1 trading plan is reported for this purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Hunsberger Mary Elizabeth
Role
Chief Financial Officer
Bought
5,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 5,000 | $3.60 | $18K |
Holdings After Transaction:
Common Stock — 38,028 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average purchase price. The lowest price at which shares were purchased was $3.59 and the highest price at which shares were purchased was $3.61. The reporting person undertakes to provide to the staff of the SEC, the issuer or its stockholders full information regarding the total number of shares purchased at each separate price within the range set forth herein.
Key Figures
Shares purchased: 5,000 shares
Weighted average purchase price: $3.60 per share
Purchase price range: $3.59–$3.61 per share
+1 more
4 metrics
Shares purchased
5,000 shares
Common stock purchased on September 22, 2026
Weighted average purchase price
$3.60 per share
Open-market purchase on September 22, 2026
Purchase price range
$3.59–$3.61 per share
Lowest and highest prices paid within the reported trade range
Shares owned after transaction
38,028 shares
Direct holdings of the CFO following the purchase
Key Terms
weighted average purchase price, open market or private transaction, Rule 10b5-1
3 terms
weighted average purchase price financial
"Represents the weighted average purchase price. The lowest price at which"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this purchase"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CULP (CULP) disclose in this Form 4?
The filing reports that Chief Financial Officer Mary Elizabeth Hunsberger purchased 5,000 shares of CULP common stock in an open-market transaction on September 22, 2026.
Was the CULP (CULP) CFO’s stock purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the reported 5,000‑share purchase was not affirmed as being made under a Rule 10b5-1 trading plan.
What does the footnote say about the CULP (CULP) CFO’s purchase price range?
The footnote explains that the reported price is a weighted average purchase price, and that the lowest price paid was $3.59 per share while the highest price paid was $3.61 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.