true000072360300007236032024-07-182024-07-18

 

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

 

FORM 8-K/A

 

CURRENT REPORT

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

Date of Report (Date of earliest event reported): July 18, 2024

 

 

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.)

 

 

 

 

 

1823 Eastchester Drive

 

High Point, North Carolina

 

27265

(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. ☐

 

Explanatory Note

Culp, Inc. (the “Company”) is filing this Amendment No. 1 to amend the Company’s Current Report on Form 8-K filed on January 8, 2024 (the “Prior 8-K”) to update certain disclosures under Item 5.02 that were not yet determined at the time the Prior 8-K was filed. The disclosure contained in Item 5.02 of the Prior 8-K is hereby supplemented and amended by the disclosure contained in Item 5.02 of this Amendment No. 1. No other changes have been made to the Prior 8-K.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously reported in the Prior 8-K, on January 4, 2024, Boyd B. Chumbley, President of the Culp Upholstery Fabrics division, notified the Company of his intention to retire from his position in the third quarter of the calendar 2024 year. At the time of the Prior 8-K filing, the definitive date of such retirement was still to be determined. The Company is filing this Amendment No. 1 to report that, on July 18, 2024, the Board determined Mr. Chumbley's retirement would be effective July 26, 2024, and the Board named Mary Beth Hunsberger to succeed Mr. Chumbley as President of the Culp Upholstery Fabrics division effective July 27, 2024. Following his retirement, Mr. Chumbley will continue in an advisory role as needed to strategically support the Company.

 

 

Item 9.01 (d) – Exhibits.

 

EXHIBIT INDEX

 

Exhibit Number

 

Exhibit

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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:

July 23, 2024

By:

/s/ Ashley C. Durbin

 

 

 

Ashley C. Durbin
Senior Vice President, General Counsel, and Corporate Secretary

 

v3.24.2
Document And Entity Information
Jul. 18, 2024
Cover [Abstract]  
Document Type 8-K/A
Amendment Flag true
Document Period End Date Jul. 18, 2024
Entity Registrant Name Culp, Inc.
Entity Central Index Key 0000723603
Entity Emerging Growth Company false
Entity File Number 1-12597
Entity Incorporation, State or Country Code NC
Entity Tax Identification Number 56-1001967
Entity Address, Address Line One 1823 Eastchester Drive
Entity Address, City or Town High Point
Entity Address, State or Province NC
Entity Address, Postal Zip Code 27265
City Area Code 336
Local Phone Number 889-5161
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.05 per share
Trading Symbol CULP
Security Exchange Name NYSE
Amendment Description Culp, Inc. (the “Company”) is filing this Amendment No. 1 to amend the Company’s Current Report on Form 8-K filed on January 8, 2024 (the “Prior 8-K”) to update certain disclosures under Item 5.02 that were not yet determined at the time the Prior 8-K was filed. The disclosure contained in Item 5.02 of the Prior 8-K is hereby supplemented and amended by the disclosure contained in Item 5.02 of this Amendment No. 1. No other changes have been made to the Prior 8-K.
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