{"url_path":"/sec/culp/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-17","source_url":"https://www.sec.gov/Archives/edgar/data/723603/0001193125-26-307064-index.html","accession_number":"0001193125-26-307064","cik":"0000723603","ticker":"CULP","issuer_name":"CULP INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/723603/0001193125-26-307064-index.html","primary_entity_key":"0000723603","primary_entity_name":"CULP INC"},"word_count":417,"has_tables":true,"body_markdown":"ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES\n\nRegistrar and Transfer Agent\n\nComputershare Trust Company, N.A.\n\nCorrespondence should be mailed to:\n\nComputershare\n\nP.O. Box 43006\n\nProvidence, RI 02940-3006\n\nOvernight correspondence should be sent to:\n\nComputershare\n\n150 Royall St.\n\nCanton, MA 02021\n\n(800) 254-5196\n\n(781) 575-2879 (Foreign shareholders)\n\nwww.computershare.com/investor\n\nStock Listing\n\nEffective March 6, 2026, the principal market which Culp Inc.'s common stock is listed is the Nasdaq Stock Market LLC (Nasdaq). Prior to March 6, 2026, Culp Inc.'s common stock was listed on the New York Stock Exchange. The common stock trades under the symbol CULP. As of May 3, 2026, Culp, Inc. had approximately 1,942 shareholders based on the number of holders of record and an estimate of individual participants represented by security position listings.\n\nAnalyst Coverage\n\nThe following analyst covers Culp, Inc.:\n\nWater Tower Research, LLC – Doug Lane\n\n27\n\n \n\nDividends and Share Repurchases; Sales of Unregistered Securities\n\nShare Repurchases\n\n \n\nISSUER PURCHASES OF EQUITY SECURITIES\n\n \n\nPeriod\n\n \n\n(a)\nTotal\nNumber\nof Shares\nPurchased\n\n \n\n \n\n(b)\nAverage\nPrice\nPaid per\nShare\n\n \n\n \n\n(c)\nTotal Number\nof Shares\nPurchased\nas Part of\nPublicly\nAnnounced\nPlans or\nPrograms\n\n \n\n \n\n(d)\nApproximate\nDollar Value\nof Shares that\nMay Yet Be\nPurchased\nUnder\nthe Plans or\nPrograms (1)\n\n \n\nFebruary 2, 2026 to March 8, 2026\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n3,248,094\n\n \n\nMarch 9, 2026 to April 5, 2026\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n3,248,094\n\n \n\nApril 6, 2026 to May 3, 2026\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n3,248,094\n\n \n\nTotal\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n3,248,094\n\n \n\n \n\n(1)\nIn March 2020, our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock.\n\nDividends\n\nOn June 29, 2022 (fiscal 2023), our board of directors announced the decision to suspend the company’s quarterly cash dividend. We believed that preserving capital and managing our liquidity was in the company’s best interest to support future growth and the long-term interests of our shareholders. Accordingly, we did not make any dividend payments during fiscal 2026, 2025, or 2024.\n\nOur board of directors has sole authority to determine if and when we will declare future dividends, and on what terms. We will continue to reassess our dividend policy each quarter. Future dividend payments will depend on earnings, capital requirements, financial condition, excess availability under our lines of credit, market and economic conditions, and other factors, including alternative investment opportunities.\n\nSales of Unregistered Securities\n\nThere were no sales of unregistered securities during fiscal 2026, 2025, or 2024."}