Gatling Kimberly Bullock 4

What Happened
Gatling Kimberly Bullock, a director of Culp Inc. (CULP), made an open-market purchase of 1,812 shares on March 26, 2026, at $2.97 per share, for a total transaction value of approximately $5,382. This was reported on a Form 4 filed the next day (March 27, 2026). A purchase (Form 4 code "P") is a direct acquisition of shares and can be more informative than routine sales, though the dollar amount here is modest.

Key Details

• Transaction date: 2026-03-26
• Transaction type/code: Open-market purchase (P)
• Price and size: 1,812 shares at $2.97 per share; total ≈ $5,382
• Filing date: 2026-03-27 (filed timely the following day)
• Shares owned after transaction: Not disclosed in the provided filing details
• Notable footnotes: No 10b5-1 plan, option exercise, tax withholding, or other special footnotes reported

Context
This is a small insider purchase by a board director. While insider buys can signal confidence, the transaction size here is limited, so investors should consider it alongside other insider activity, company fundamentals, and market factors.