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
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Date of Report (Date of earliest event reported): July 18, 2024 |
Culp, Inc.
(Exact name of Registrant as Specified in Its Charter)
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North Carolina | 1-12597 | 56-1001967 |
(State or Other Jurisdiction
of Incorporation) | (Commission File Number) | (IRS Employer
Identification No.) |
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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:
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Title of each class
| | Trading
Symbol(s) | |
Name of each exchange on which registered
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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
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Exhibit Number | | Exhibit |
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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.
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| | | CULP, INC. |
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Date: | July 23, 2024 | By: | /s/ Ashley C. Durbin |
| | | Ashley C. Durbin
Senior Vice President, General Counsel, and Corporate Secretary |
