CULP (CULP) executive compensation, 2026 proxy

Robert G. Culp, IV, President and Chief Executive Officer, was paid $1.1M in fiscal 2026, down 6% from $1.2M the year before.

Filed
August 13, 2026
Annual meeting
September 23, 2026
Pay year
fiscal 2026
Named executives
3
CEO total pay
$1.1M-6% vs prior year
CEO pay in equity
44%$500,000 in awards
CEO total compensation
$1.13MFiscal 2026
CEO stock awards
$500,000Restricted stock units
Annual cash incentive payout
$0All NEOs
CFO total compensation
$610,260Fiscal 2026
Commercial officer total
$557,755Fiscal 2026
CEO deferred contribution
$83,279Included in all other compensation

How IV was paid

$1.1M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary46%Stock awards44%Pension and deferred comp0%All other compensation10%

Named executive officers

ExecutiveTotal
Robert G. Culp, IVPresident and Chief Executive Officer$1,129,772
Kenneth R. BowlingExecutive Vice President, Chief Financial Officer, and Treasurer$610,260
Thomas M. BrunoChief Commercial Officer$557,755

What changed and why

  • $1.1M$1,129,772 was CEO total compensation in fiscal 2026, down from $1,196,451 in fiscal 2025.
  • $519K$519,231 was the CEO’s fiscal 2026 salary, compared with $500,000 in fiscal 2025.
  • $500K$500,000 was the CEO’s fiscal 2026 restricted stock unit award value.
  • $0$0 was paid to NEOs under the annual cash incentive program in fiscal 2026.
  • Fiscal 2026 long-term incentive awards were payable in cash based on fiscal 2028 performance metrics.
  • $108K$108,018 was the CEO’s fiscal 2026 all-other compensation, including $83,279 deferred compensation.

Other CULP proxy statements

  • 2025 proxy statement

    Robert G. Culp, IV paid $1.2M (-7% on the year), pay ratio 31:1.

    Filed Aug 15, 2025

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.