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[Form 4] Culp, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On July 11, 2025, Ronald S. Chandler, Vice President & Corporate Controller of Culp, Inc. (CULP), reported changes in his ownership on SEC Form 4. He vested and converted 1,500 restricted stock units (Code 鈥淢鈥�) into an equal number of common shares at a stated price of $0.00. To cover withholding taxes (Code 鈥淔鈥�), he disposed of 510 shares at $4.57 per share. After the transactions, Chandler directly owns 2,531 CULP common shares and holds no remaining service-based RSUs tied to the July 11, 2025 vesting schedule. The filing was signed on July 15, 2025.

Il 11 luglio 2025, Ronald S. Chandler, Vicepresidente e Controller Aziendale di Culp, Inc. (CULP), ha segnalato modifiche nella sua partecipazione azionaria tramite il modulo Form 4 della SEC. Ha consolidato e convertito 1.500 unit脿 di azioni ristrette (Codice 鈥淢鈥�) in un pari numero di azioni ordinarie al prezzo nominale di 0,00 $. Per coprire le tasse trattenute (Codice 鈥淔鈥�), ha venduto 510 azioni a 4,57 $ ciascuna. Dopo queste operazioni, Chandler possiede direttamente 2.531 azioni ordinarie CULP e non detiene pi霉 unit脿 di azioni ristrette basate sul servizio relative alla data di consolidamento del 11 luglio 2025. La comunicazione 猫 stata firmata il 15 luglio 2025.

El 11 de julio de 2025, Ronald S. Chandler, Vicepresidente y Controlador Corporativo de Culp, Inc. (CULP), report贸 cambios en su propiedad mediante el Formulario 4 de la SEC. Consolid贸 y convirti贸 1,500 unidades restringidas de acciones (C贸digo 鈥淢鈥�) en un n煤mero igual de acciones comunes a un precio declarado de $0.00. Para cubrir los impuestos retenidos (C贸digo 鈥淔鈥�), dispuso de 510 acciones a $4.57 cada una. Tras las transacciones, Chandler posee directamente 2,531 acciones comunes de CULP y no mantiene unidades restringidas basadas en servicio relacionadas con el calendario de consolidaci贸n del 11 de julio de 2025. La presentaci贸n fue firmada el 15 de julio de 2025.

2025雲� 7鞗� 11鞚�, Ronald S. Chandler电� Culp, Inc. (CULP)鞚� 攵靷灔 瓴� 旮办梾 臧愳偓 雼措嫻鞛愲靹� SEC Form 4鞐� 鞛愳嫚鞚� 靻岇湢甓� 氤霃欖潉 氤搓碃頄堨姷雼堧嫟. 攴傅鐢 1,500臧滌潣 鞝滍暅 欤检嫕 雼渼(Code 鈥淢鈥�)毳� 頄夓偓頃橃棳 霃欖澕頃� 靾橃潣 氤错喌欤茧 鞝勴櫂頄堨姷雼堧嫟(臧瓴╈潃 $0.00). 鞗愳矞歆曥垬靹�(Code 鈥淔鈥�)毳� 於╇嫻頃橁赴 鞙勴暣 欤茧嫻 $4.57鞐� 510欤茧ゼ 觳橂秳頄堨姷雼堧嫟. 瓯半灅 頉� Chandler电� 歆侅爲 2,531欤检潣 CULP 氤错喌欤�毳� 氤挫湢頃橁碃 鞛堨溂氅� 2025雲� 7鞗� 11鞚� 頄夓偓 鞚检爼鞐� 霐半ジ 靹滊箘鞀� 旮半皹 RSU电� 雮晞鞛堨 鞎婌姷雼堧嫟. 鞁犼碃靹湹鐢 2025雲� 7鞗� 15鞚检棎 靹滊獏霅橃棃鞀惦媹雼�.

Le 11 juillet 2025, Ronald S. Chandler, vice-pr茅sident et contr么leur d鈥檈ntreprise de Culp, Inc. (CULP), a d茅clar茅 des changements dans sa d茅tention via le Formulaire 4 de la SEC. Il a exerc茅 et converti 1 500 unit茅s d鈥檃ctions restreintes (Code 芦 M 禄) en un nombre 茅gal d鈥檃ctions ordinaires 脿 un prix d茅clar茅 de 0,00 $. Pour couvrir les imp么ts retenus 脿 la source (Code 芦 F 禄), il a c茅d茅 510 actions 脿 4,57 $ chacune. Apr猫s ces op茅rations, Chandler d茅tient directement 2 531 actions ordinaires CULP et ne d茅tient plus d鈥檜nit茅s d鈥檃ctions restreintes li茅es au calendrier d鈥檃cquisition du 11 juillet 2025. Le d茅p么t a 茅t茅 sign茅 le 15 juillet 2025.

Am 11. Juli 2025 meldete Ronald S. Chandler, Vizepr盲sident und Corporate Controller von Culp, Inc. (CULP), 脛nderungen seines Aktienbesitzes 眉ber das SEC-Formular Form 4. Er hatte 1.500 Restricted Stock Units (Code 鈥濵鈥�) ausge眉bt und in eine gleiche Anzahl von Stammaktien zum angegebenen Preis von 0,00 $ umgewandelt. Zur Deckung der Quellensteuer (Code 鈥濬鈥�) ver盲u脽erte er 510 Aktien zu je 4,57 $. Nach diesen Transaktionen besitzt Chandler direkt 2.531 CULP-Stammaktien und h盲lt keine weiteren dienstbasierten RSUs, die an den Vesting-Zeitplan vom 11. Juli 2025 gebunden sind. Die Meldung wurde am 15. Juli 2025 unterzeichnet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Minor insider vesting; net share increase insignificant to float鈥攏eutral impact.

The Form 4 shows routine RSU vesting for a non-executive officer. Chandler acquired 1,500 shares at no cost and sold 510 to cover obligatory taxes, retaining 990 additional shares. Given Culp鈥檚 public float, the net increase is immaterial, and transaction codes (M, F) indicate planned award settlement rather than discretionary buying or selling. There is no implication of strategic insight into CULP鈥檚 outlook. I classify the market impact as neutral.

Il 11 luglio 2025, Ronald S. Chandler, Vicepresidente e Controller Aziendale di Culp, Inc. (CULP), ha segnalato modifiche nella sua partecipazione azionaria tramite il modulo Form 4 della SEC. Ha consolidato e convertito 1.500 unit脿 di azioni ristrette (Codice 鈥淢鈥�) in un pari numero di azioni ordinarie al prezzo nominale di 0,00 $. Per coprire le tasse trattenute (Codice 鈥淔鈥�), ha venduto 510 azioni a 4,57 $ ciascuna. Dopo queste operazioni, Chandler possiede direttamente 2.531 azioni ordinarie CULP e non detiene pi霉 unit脿 di azioni ristrette basate sul servizio relative alla data di consolidamento del 11 luglio 2025. La comunicazione 猫 stata firmata il 15 luglio 2025.

El 11 de julio de 2025, Ronald S. Chandler, Vicepresidente y Controlador Corporativo de Culp, Inc. (CULP), report贸 cambios en su propiedad mediante el Formulario 4 de la SEC. Consolid贸 y convirti贸 1,500 unidades restringidas de acciones (C贸digo 鈥淢鈥�) en un n煤mero igual de acciones comunes a un precio declarado de $0.00. Para cubrir los impuestos retenidos (C贸digo 鈥淔鈥�), dispuso de 510 acciones a $4.57 cada una. Tras las transacciones, Chandler posee directamente 2,531 acciones comunes de CULP y no mantiene unidades restringidas basadas en servicio relacionadas con el calendario de consolidaci贸n del 11 de julio de 2025. La presentaci贸n fue firmada el 15 de julio de 2025.

2025雲� 7鞗� 11鞚�, Ronald S. Chandler电� Culp, Inc. (CULP)鞚� 攵靷灔 瓴� 旮办梾 臧愳偓 雼措嫻鞛愲靹� SEC Form 4鞐� 鞛愳嫚鞚� 靻岇湢甓� 氤霃欖潉 氤搓碃頄堨姷雼堧嫟. 攴傅鐢 1,500臧滌潣 鞝滍暅 欤检嫕 雼渼(Code 鈥淢鈥�)毳� 頄夓偓頃橃棳 霃欖澕頃� 靾橃潣 氤错喌欤茧 鞝勴櫂頄堨姷雼堧嫟(臧瓴╈潃 $0.00). 鞗愳矞歆曥垬靹�(Code 鈥淔鈥�)毳� 於╇嫻頃橁赴 鞙勴暣 欤茧嫻 $4.57鞐� 510欤茧ゼ 觳橂秳頄堨姷雼堧嫟. 瓯半灅 頉� Chandler电� 歆侅爲 2,531欤检潣 CULP 氤错喌欤�毳� 氤挫湢頃橁碃 鞛堨溂氅� 2025雲� 7鞗� 11鞚� 頄夓偓 鞚检爼鞐� 霐半ジ 靹滊箘鞀� 旮半皹 RSU电� 雮晞鞛堨 鞎婌姷雼堧嫟. 鞁犼碃靹湹鐢 2025雲� 7鞗� 15鞚检棎 靹滊獏霅橃棃鞀惦媹雼�.

Le 11 juillet 2025, Ronald S. Chandler, vice-pr茅sident et contr么leur d鈥檈ntreprise de Culp, Inc. (CULP), a d茅clar茅 des changements dans sa d茅tention via le Formulaire 4 de la SEC. Il a exerc茅 et converti 1 500 unit茅s d鈥檃ctions restreintes (Code 芦 M 禄) en un nombre 茅gal d鈥檃ctions ordinaires 脿 un prix d茅clar茅 de 0,00 $. Pour couvrir les imp么ts retenus 脿 la source (Code 芦 F 禄), il a c茅d茅 510 actions 脿 4,57 $ chacune. Apr猫s ces op茅rations, Chandler d茅tient directement 2 531 actions ordinaires CULP et ne d茅tient plus d鈥檜nit茅s d鈥檃ctions restreintes li茅es au calendrier d鈥檃cquisition du 11 juillet 2025. Le d茅p么t a 茅t茅 sign茅 le 15 juillet 2025.

Am 11. Juli 2025 meldete Ronald S. Chandler, Vizepr盲sident und Corporate Controller von Culp, Inc. (CULP), 脛nderungen seines Aktienbesitzes 眉ber das SEC-Formular Form 4. Er hatte 1.500 Restricted Stock Units (Code 鈥濵鈥�) ausge眉bt und in eine gleiche Anzahl von Stammaktien zum angegebenen Preis von 0,00 $ umgewandelt. Zur Deckung der Quellensteuer (Code 鈥濬鈥�) ver盲u脽erte er 510 Aktien zu je 4,57 $. Nach diesen Transaktionen besitzt Chandler direkt 2.531 CULP-Stammaktien und h盲lt keine weiteren dienstbasierten RSUs, die an den Vesting-Zeitplan vom 11. Juli 2025 gebunden sind. Die Meldung wurde am 15. Juli 2025 unterzeichnet.

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*
Chandler Ronald S

(Last) (First) (Middle)
CULP INNOVATION CENTER AT CONGDON YARDS
410 WEST ENGLISH ROAD - 5TH FLOOR

(Street)
HIGH POINT NC 27262

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
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 07/11/2025 M 1,500 A $0 3,041 D
Common Stock 07/11/2025 F 510 D $4.57 2,531 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) $0 07/11/2025 M 1,500 (2) (2) Common Stock 1,500 $0 0(3) D
Explanation of Responses:
1. Contingent right to receive issuance of Culp, Inc. common stock.
2. These restricted stock units represent the right to receive 1,500 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement.
3. Reflects the total number of service-based restricted stock units with a vesting date of July 11, 2025, held by the reporting person following the reported transaction.
/s/ Justin M. Grow, Attorney-In-Fact 07/15/2025
** 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

How many CULP shares did insider Ronald Chandler acquire on July 11 2025?

He converted 1,500 restricted stock units into common shares.

What price was paid for the 1,500 CULP shares received?

The RSUs were exercised at $0.00 per share as part of the award terms.

How many CULP shares did Chandler sell to cover taxes?

He disposed of 510 shares at $4.57 per share.

What is Ronald Chandler鈥檚 direct CULP share ownership after the filing?

Following the transactions, he directly owns 2,531 common shares.

Does the Form 4 indicate any remaining unvested RSUs for Chandler?

No. After this vesting event, 0 service-based RSUs remain from the July 11 2025 grant.
Culp Inc

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CULP Stock Data

54.37M
11.29M
7.76%
64.09%
0.29%
Textile Manufacturing
Broadwoven Fabric Mills, Cotton
United States
HIGH POINT