Form 4 for CULP CULP INC
Accepted 2025-09-25 00:00:00 ET · period of report 2025-09-24 · accession 0001886608-25-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-09-25 | 2025-09-24 | CULP | Gatling Kimberly Bullock | Dir | M - OptEx | $0.00 | +9,197 | 47.6K | +24% | $0 |
| D | 2025-09-25 | 2025-09-25 | CULP | Gatling Kimberly Bullock | Dir | A - Grant | $0.00 | +13.1K | 13.1K | New | $0 |
| D | 2025-09-25 | 2025-09-24 | CULP | Gatling Kimberly Bullock | Dir | M - OptEx | $0.00 | -9,197 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-09-24 | M | A | 9,197 | $0.00 | 47,590 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2025-09-25 | A | A | 13,064 | $0.00 | 13,064 | D | $0.00 · — to — | 13,064 Common Stock | (F1) Contingent right to receive issuance of Culp, Inc. common stock. (F4) 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. |
| 3 | Derivative | Restricted Stock Units | 2025-09-24 | M | D | 9,197 | $0.00 | 0 | D | $0.00 · — to — | 9,197 Common Stock | (F1) Contingent right to receive issuance of Culp, Inc. common stock. (F3) The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 24, 2025, annual meeting of shareholders. (F2) 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. |