Company: CULP
Filing Date: 2025-08-15
Form Type: DEF 14A
Source: 0000950170-25-109242
Chunk: 23

Company: CULP INC
Filing Date: 2025-08-15
Form: DEF 14A
Chunk 23
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,232* |     |   -11 |
| All executive officers, current                   
 directors and nominees as a                       
 group (16 persons)                                |     |                                                 |     |          |     |         |     |            938,055 
               7.4% |     |       |

* Less than one percent. (1) As of July 29, 2025. (2) Includes shares currently owned and shares that may be acquired within 60 days after July 29, 2025, upon the vesting of service-based restricted stock units. Percentage ownership is based on 12,605,306 shares of our common stock outstanding as of July 29, 2025. (3) Includes approximately 275 shares owned by Mr. Saxon through the Company’s 401(k) plan (estimated number of shares based on calculation from information reported by 401(k) plan administrator). Also includes 3,000 shares owned by Lori Saxon, Mr. Saxon’s spouse, in her own name. Mr. Saxon disclaims beneficial ownership of the shares owned by his spouse. (4) Includes approximately 104,030 shares owned by Mr. Culp through the Company’s 401(k) plan (estimated number of shares based on calculation from information reported by 401(k) plan administrator). Also includes 1,740 shares held in trust for Mr. Culp’s daughter and 1,740 shares held in trust for Mr. Culp’s son, where Mr. Culp is the sole trustee for these trusts, and has sole voting, dispositive, and investment power with respect to these shares.

<div align='center'>16</div>

Includes 9,197 shares that Mr. Baugh may acquire within 60 days after July 29, 2025, upon the vesting of service-based restricted stock units, subject to his continued service as a director through the vesting date.

Includes 9,197 shares that Ms. Decker may acquire within 60 days after July 29, 2025, upon the vesting of service-based restricted stock units, subject to her continued service as a director through the vesting date.

Includes 9,197 shares that Ms. Gatling may acquire within 60 days after July 29, 2025, upon the vesting of service-based restricted stock units, subject to her continued service as a director through the vesting date.

Includes 10,033 shares that Mr. Jackson may acquire within 60