Culp Inc. Director's Restricted Stock Units

The filing reports that John Douglas Collier, a director of Culp Inc., holds 13,064 restricted stock units (RSUs) that represent the right to receive Culp, Inc. common stock. The RSUs are contingent on Collier remaining a director until the earlier of the one-year anniversary of the grant date or the company's next annual meeting of shareholders, which is at least 50 weeks after the September 24, 2025, annual meeting. The RSUs have a conversion or exercise price of $0. The filing also includes footnotes detailing the contingent right to receive the issuance of Culp, Inc. common stock and the conditions for the RSUs.