The estimated Net Worth of Franklin N Saxon is at least $2 million dollars as of 6 August 2023. Mr. Saxon owns over 6,812 units of Culp stock worth over $646,808 and over the last 7 years he sold CULP stock worth over $68,000. In addition, he makes $1,286,560 as Executive Chairman of the Board at Culp.
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Mr. Saxon CULP stock SEC Form 4 insiders trading
Franklin has made over 4 trades of the Culp stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 6,812 units of CULP stock worth $38,828 on 6 August 2023.
The largest trade he's ever made was exercising 26,424 units of Culp stock on 12 June 2018 worth over $150,617. On average, Franklin trades about 3,385 units every 171 days since 2017. As of 6 August 2023 he still owns at least 113,475 units of Culp stock.
You can see the complete history of Mr. Saxon stock trades at the bottom of the page.
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Franklin Saxon biography
Franklin N. Saxon serves as Executive Chairman of the Board of the Company. He has been employed by the Company since 1983, serving in various capacities, including chief financial officer from 1985 to 1998. In 1998, Mr. Saxon was elected president, Culp Velvets/Prints division. From 2001 through 2004, Mr. Saxon served as executive vice president, chief financial officer, and president, Culp Velvets/Prints division. The Board elected Mr. Saxon president and chief operating officer of the Company in 2004. He was named chief executive officer in 2007 and was elected as vice chairman of the Board in 2018. Mr. Saxon brings extensive business, managerial, and leadership experience to the Board. With over 37 years of experience with the Company, Mr. Saxon provides the Board with a vital understanding and appreciation of the Company’s business. His strong leadership skills have been demonstrated through his services as chief executive officer from 2007 through 2019 and his service as a director since 1987, including as chairman beginning in 2019. Mr. Saxon also has extensive financial management expertise, having worked in public accounting before joining the Company, and serving as the Company’s chief financial officer for many years.
What is the salary of Franklin Saxon?
As the Executive Chairman of the Board of Culp, the total compensation of Franklin Saxon at Culp is $1,286,560. There are 1 executives at Culp getting paid more, with Robert G. Culp IV having the highest compensation of $1,338,719.
How old is Franklin Saxon?
Franklin Saxon is 68, he's been the Executive Chairman of the Board of Culp since 2020. There are 4 older and 14 younger executives at Culp. The oldest executive at Culp Inc. is Kenneth Larson, 77, who is the Independent Director.
What's Franklin Saxon's mailing address?
Franklin's mailing address filed with the SEC is 1823, Eastchester Drive, High Point, Guilford County, North Carolina, 27265, United States.
Insiders trading at Culp
Over the last 7 years, insiders at Culp have traded over $208,532 worth of Culp stock and bought 276,329 units worth $1,688,711 . The most active insiders traders include Aron R.22 Nw, Lp22 Nw Fund,..., Robert George Iv Culp et Perry E Davis. On average, Culp executives and independent directors trade stock every 30 days with the average trade being worth of $39,279. The most recent stock trade was executed by Robert George Iv Culp on 9 September 2024, trading 16,128 units of CULP stock currently worth $92,091.
What does Culp do?
culp ticking is a company based out of 7209 us-158, stokesdale, north carolina, united states.
What does Culp's logo look like?
Complete history of Mr. Saxon stock trades at Culp
Culp executives and stock owners
Culp executives and other stock owners filed with the SEC include:
-
Robert G. Culp IV,
Pres, CEO & Director -
Franklin Saxon,
Executive Chairman of the Board -
Franklin N. Saxon,
Exec. Chairman -
Robert Culp,
President, Chief Executive Officer, Director -
Boyd Chumbley,
President - Culp Upholstery Fabrics division -
Boyd B. Chumbley,
Pres of Culp Upholstery Fabrics Division -
Kenneth R. Bowling,
Exec. VP, CFO & Treasurer -
Kenneth Bowling,
Chief Financial Officer, Executive Vice President, Treasurer -
Cassandra J. Brown,
Pres of Home Fashions Division -
Cassandra Brown,
President - Culp Home Fashions Division -
Thomas Gallagher,
Corporate Controller, Assistant Treasurer, Assistant Secretary -
Kenneth McAllister,
Lead Independent Director -
Sharon Decker,
Independent Director -
Perry Davis,
Independent Director -
Kenneth Larson,
Independent Director -
Fred Jackson,
Independent Director -
Ashley Durbin,
Vice President, General Counsel, Corporate Secretary -
Mike Cottonaro,
Sr. VP of Sales & Marketing for CHF -
Jeff Tsacoumangos,
Head of Global Strategic Transformation, Supply Chain & Service for Culp Home Fashions -
Teresa Atkins Huffman MBA, SPHR,
Sr. VP & Chief HR Officer -
Ashley Carter Durbin,
VP, Gen. Counsel & Corp. Sec. -
Paul Saunders,
Chief Exec. Officer of eLuxury -
Teresa A. Huffman MBA, SPHR,
VP of HR -
Robert George Iv Culp,
President and CEO -
Aron R.22 Nw, Lp22 Nw Fund,...,
-
Kimberly Bullock Gatling,
Director -
John Allen Baugh,
Director -
Jonathan Lee Kelly,
Director -
Teresa Atkins Huffman,
SVP, Chief HR Officer -
Thomas Bruno,
President, Mattress Fabrics -
Mary Elizabeth Hunsberger,
President, Upholstery Fabrics