CULP ROBERT GEORGE IV 4

What Happened
Robert George IV, President, CEO and Director of Culp, Inc. (CULP), acquired a total of 8,739 shares in two purchases tied to a 401(k) stock fund. He bought 4,383 shares on 2026-03-16 at an estimated $3.15/share ($13,806) and 4,356 shares on 2026-03-17 at an estimated $3.18/share ($13,852), for combined consideration of about $27,658. These were purchases (code P), which are generally more informative than routine sales but do not by themselves indicate intent.

Key Details

• Transaction dates and prices:
  • 2026-03-16 — 4,383 shares @ ~$3.15 = ~$13,806 (estimated)
  • 2026-03-17 — 4,356 shares @ ~$3.18 = ~$13,852 (estimated)
• Total shares acquired: 8,739; total cash spent: ~ $27,658.
• Shares owned after transaction: not specified in the summary provided; the filing notes estimated post-transaction units per 401(k) plan administrator (see footnote F3).
• Notable footnotes:
  • F1–F3: Share counts and prices are estimated based on information from the 401(k) plan administrator (units in the stock fund and unit price).
  • F4–F5: Some shares are held of record in trusts for the reporting person’s daughter and son (CIBC National Trust Company), with the reporting person serving as sole trustee and having sole voting and dispositive power.
• Filing timeliness: Report filed 2026-03-18 for transactions on 2026-03-16 and 2026-03-17 — this filing appears timely under standard Form 4 rules.

Context
These purchases were made via the company's 401(k) stock fund (per plan administrator estimates), not necessarily as separate open-market brokerage trades. Purchases via payroll/plan contributions commonly reflect routine retirement plan activity; they are factual insider buys but should be interpreted cautiously and alongside other filings and company fundamentals.