Aron R. English - 18 Mar 2025 Form 4 Insider Report for CULP INC (CULP)

Reporting relationship: 10%+ Owner
Issuer ticker: CULP
Reported as of: 18 Mar 2025
Net transaction value: +$672,302
SEC form: 4
Accepted by SEC: 20 Mar 2025, 17:31:54 UTC
Prior SEC filing: 17 Mar 2025
Next SEC filing: 03 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Aron R. English

Key filing fact

Aron R. English filed Form 4 for CULP INC (CULP) on 20 Mar 2025.

Key facts

This page summarizes Aron R. English's Form 4 filing for CULP INC (CULP).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 20 Mar 2025, 17:31.

Change

Previous filing in this sequence was filed on 17 Mar 2025.
Current net transaction value: +$672,302.

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

Purchase

Transaction value: $560,348
Shares: +104,738
Change %: +6%
Price: $5.35
Shares after: 1,839,061
Date: 18 Mar 2025
Ownership: By: 22NW Fund, LP
Footnotes: F1, F2, F3

CULP transaction

Common Stock

Purchase

Transaction value: $111,954
Shares: +20,000
Change %: +1.1%
Price: $5.60
Shares after: 1,859,061
Date: 19 Mar 2025
Ownership: By: 22NW Fund, LP
Footnotes: F1, F3, F4

CULP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,450
Date: 18 Mar 2025
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

Footnote F2

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.1700 to $5.5000, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Footnote F3

Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.

Footnote F4

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.5000 to $5.6400, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.