{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-038277","form_type":"8-K","ticker":"CULP","cik":"0000723603","company_name":"CULP INC","filed_at":"2021-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.614720+00:00","generated_at":"2026-06-30T02:20:36.872617+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Culp, Inc. says Franklin N. Saxon ceases co-PEO role; Robert G. Culp, IV now sole principal executive officer","bullets":["On July 22, 2021, Culp's board determined Franklin N. Saxon will no longer serve as co-principal executive officer for SEC and NYSE filing purposes.","Robert G. Culp, IV, President and CEO, will serve as the sole principal executive officer of Culp, Inc. going forward.","Both Mr. Saxon (Executive Chairman) and Mr. Culp continue as executive officers with no change in their titles."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-038277","json":"https://secwatch.observer/filing/0001564590-21-038277.json","markdown":"https://secwatch.observer/filing/0001564590-21-038277.md","text":"https://secwatch.observer/filing/0001564590-21-038277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723603/000156459021038277/0001564590-21-038277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723603/000156459021038277/culp-8k_20210722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T02:20:36.872617+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5388345620","claim":"Franklin N. Saxon changed role as Executive Chairman at CULP INC.","evidence_excerpt":"Mr. Franklin N. Saxon, Executive Chairman, will no longer serve as co-principal executive officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723603/000156459021038277/0001564590-21-038277-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving as co-principal executive officer"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"be40ee03ff","claim":"Robert G. Culp, IV changed role as President and Chief Executive Officer at CULP INC.","evidence_excerpt":"Mr. Robert G. Culp, IV, President and Chief Executive Officer and formerly co-principal executive officer for such purposes, will serve as the sole principal executive officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723603/000156459021038277/0001564590-21-038277-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will serve as the sole principal executive officer"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}