Boyd Brooks Chumbley - 18 Jul 2024 Form 4 Insider Report for CULP INC (CULP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2024, 16:21:38 UTC
Prior SEC filing
09 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kenneth R. Bowling, Attorney-in-Fact

Key filing fact

Boyd Brooks Chumbley filed Form 4 for CULP INC (CULP) on 19 Jul 2024.

Key facts

  • This page summarizes Boyd Brooks Chumbley's Form 4 filing for CULP INC (CULP).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Jul 2024, 16:21.

Change

  • Previous filing in this sequence was filed on 09 Aug 2023.
  • Current net transaction value: -$11,990.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CULP transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+8,193
Change %
+13%
Price
$0.000000
Shares after
69,704
Date
18 Jul 2024
Ownership
Direct
CULP transaction

Common Stock

Tax liability

Transaction value
$11,990
Shares
-2,351
Change %
-3.4%
Price
$5.10
Shares after
67,353
Date
18 Jul 2024
Ownership
Direct
CULP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,806
Date
18 Jul 2024
Ownership
401(k) Plan
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CULP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,193
Change %
-23%
Price
$0.000000
Shares after
26,944
Date
18 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,193
Exercise price
$0.000000
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Contingent right to receive issuance of Culp, Inc. common stock.

Footnote F2

These restricted stock units represent the right to receive 8,193 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three year vesting period, as described in the award agreement.

Footnote F3

Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.

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