CULP ROBERT GEORGE IV 4

What Happened

• Robert George IV, President & CEO and a director of Culp, Inc. (CULP), reported a purchase of 2,941 shares at an estimated price of $3.13 per share, for an aggregate value of about $9,205. The transaction is coded as a purchase (P) and reported on Form 4 for the period ending 2026-03-18.
• This was a buy (a purchase transaction), and the filing’s footnotes indicate the shares were acquired as units in the company 401(k) stock fund rather than a direct open-market block trade.

Key Details

• Transaction date and price: 2026-03-18 at an estimated $3.13 per share; total ≈ $9,205. (Reported on Form 4 filed 2026-03-20.)
• Transaction type: P = Purchase (reported as open market or private purchase, with footnotes indicating 401(k) stock fund units).
• Shares owned after transaction: the filing provides estimated post-transaction holdings based on 401(k) plan administrator data (see footnote F3); no exact consolidated total is provided in the filing.
• Notable footnotes:
  • F1–F3: Share counts and price are estimated based on information from the company 401(k) plan administrator about units and unit price in the stock fund.
  • F4–F5: Some Culp shares held of record by CIBC National Trust Company are in trusts for the reporting person’s daughter and son; Robert George IV is sole trustee and retains voting and dispositive power over those shares.
• Timeliness: Form 4 was filed on 2026-03-20 for a 2026-03-18 transaction; this filing appears to be timely.

Context

• Because the acquisition was through the company 401(k) stock fund (per the footnotes), this may reflect routine retirement-plan contributions or fund allocations rather than an individual open-market investment decision. Purchases are factual indicators of insider buying activity but do not, by themselves, prove intent or future company performance.