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    Culp Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    9/25/25 10:41:58 AM ET
    $CULP
    Textiles
    Consumer Discretionary
    Get the next $CULP alert in real time by email
    8-K
    false000072360300007236032025-09-242025-09-24

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): September 24, 2025

     

     

    Culp, Inc.

    (Exact name of Registrant as Specified in Its Charter)

     

     

    North Carolina

    1-12597

    56-1001967

    (State or Other Jurisdiction
    of Incorporation)

    (Commission File Number)

    (IRS Employer
    Identification No.)

     

     

     

     

     

    410 W. English Rd 5th Floor

     

    High Point, North Carolina

     

    27262

    (Address of Principal Executive Offices)

     

    (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: 336 889-5161

     

     

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each class

     

    Trading
    Symbol(s)

     


    Name of each exchange on which registered

    Common stock, par value $0.05 per share

     

    CULP

     

    The New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     


    Item 5.07 Submission of Matters to a Vote of Security Holders.

    On September 24, 2025, Culp, Inc. (the “Company”) held its annual meeting of shareholders. At the meeting, the Company’s shareholders: (i) elected each of the eight persons listed below under Proposal 1 to serve as a director of the Company until the 2026 annual meeting, or until their successors are elected and qualified; (ii) ratified the appointment of Grant Thornton LLP as the independent auditors of the Company for fiscal 2026; and (iii) voted for a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers (a “Say-on-Pay” vote). The following information sets forth the results of the voting at the annual meeting:

    Proposal 1: To elect eight directors to serve until the 2026 annual meeting of shareholders, or until their successors are elected and qualified

    Director Nominee

    Shares Voted For

    Shares Withheld

    Broker Non-Votes

    J. Douglas Collier

    9,083,927

    151,436

    1,476,332

    Robert G. Culp, IV

    7,682,799

    1,552,564

    1,476,332

    Kimberly B. Gatling

    8,048,834

    1,186,529

    1,476,332

    Lynn D. Heatherton

    9,081,322

    154,041

    1,476,332

    Fred A. Jackson

    8,048,680

    1,186,683

    1,476,332

    Alexander B. Jones

    9,082,828

    152,535

    1,476,332

    Franklin N. Saxon

    7,380,496

    1,854,867

    1,476,332

    William L. Tyson

    9,204,490

    30,873

    1,476,332

    Proposal 2: To ratify the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2026

    For

    Against

    Abstain

    Broker Non-Votes

    10,681,598

    13,623

    16,474

                                      —

    Proposal 3: Advisory vote on the Company’s named executive officers’ compensation as disclosed in the 2025 Proxy Statement (Say-on-Pay)

    For

    Against

    Abstain

    Broker Non-Votes

    7,489,641

    1,677,090

    68,632

    1,476,332

     

     


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

     

    Culp, Inc.

     

     

     

     

    Date:

    September 25, 2025

    By:

    /s/ Justin M. Grow

     

     

     

    Justin M. Grow, Vice President, General Counsel & Corporate Secretary

     


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