Kenneth R. Bowling - 11 Jul 2025 Form 4 Insider Report for CULP INC (CULP)

Role
EVP & CFO
Signature
/s/ Kenneth Bowling
Issuer symbol
CULP
Transactions as of
11 Jul 2025
Net transactions value
-$21,470
Form type
4
Filing time
15 Jul 2025, 11:35:14 UTC
Previous filing
12 Aug 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bowling Kenneth R EVP & CFO CULP INNOVATION CENTER AT CONGDON YARDS, 410 WEST ENGLISH ROAD - 5TH FLOOR, HIGH POINT /s/ Kenneth Bowling 15 Jul 2025 0001349121

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Options Exercise $0 +11,315 +35% $0.000000 43,911 11 Jul 2025 Direct
transaction CULP Common Stock Tax liability $21,470 -4,698 -11% $4.57 39,213 11 Jul 2025 Direct
holding CULP Common Stock 18,170 11 Jul 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CULP Restricted Stock Units Options Exercise $0 -11,315 -100% $0.000000 0 11 Jul 2025 Common Stock 11,315 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Contingent right to receive issuance of Culp, Inc. common stock.
F2 These restricted stock units represent the right to receive 11,315 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.
F3 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.
F4 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.