Culp, Inc. Reports 2026 Annual Meeting Vote Results

What Happened
Culp, Inc. announced the results of its annual meeting held September 23, 2026. Shareholders elected all seven director nominees to serve until the 2027 annual meeting, ratified Grant Thornton LLP as the company’s independent auditors for fiscal 2027, and approved, on an advisory basis, the company’s executive compensation (Say‑on‑Pay).

Key Details

• Directors elected (votes For / Withheld; broker non‑votes: 1,599,935 for each director):
  • J. Douglas Collier: 9,309,448 For / 31,027 Withheld
  • Robert G. Culp, IV: 9,316,262 For / 24,213 Withheld
  • Kimberly B. Gatling: 8,319,729 For / 1,020,746 Withheld
  • Lynn D. Heatherton: 9,201,806 For / 138,669 Withheld
  • Franklin N. Saxon: 8,614,706 For / 725,769 Withheld
  • William L. Tyson: 9,300,678 For / 39,797 Withheld
  • Mark Wilson: 9,296,915 For / 43,560 Withheld
• Auditor ratification: Grant Thornton LLP ratified as independent auditors for fiscal 2027 (10,907,681 For; 19,487 Against; 13,242 Abstain).
• Say‑on‑Pay (advisory): Approved with 8,300,425 For, 968,580 Against, 71,470 Abstain; broker non‑votes: 1,599,935.
• Form 8‑K signed by Justin M. Grow, Vice President, General Counsel & Corporate Secretary (filed Sept. 23, 2026).

Why It Matters
The vote results confirm continuity of Culp’s board and management oversight through the 2027 annual meeting and preserve the company’s auditor relationship with Grant Thornton for fiscal 2027. The advisory Say‑on‑Pay passed by a substantial margin, though the ~968,580 votes against (and notable withheld votes for certain directors) indicate a measurable minority of shareholder dissent on executive pay or board-related issues — a detail investors may watch in future engagement, disclosures, or compensation changes.