A. J. Kazimi - Aug 16, 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Aug 16, 2023
Transactions value $
$1,261
Form type
4
Date filed
9/8/2023, 05:03 PM
Previous filing
Mar 27, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $107 +65 +0% $1.64 5.72M Aug 16, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.70 5.72M Aug 17, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.70 5.72M Aug 18, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0% $1.68 5.72M Aug 21, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +65 +0% $1.72 5.72M Aug 22, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.70 5.72M Aug 23, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $45.60 +27 +0% $1.69 5.72M Aug 24, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.70 5.72M Aug 25, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.71 5.72M Aug 28, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +70 +0% $1.67 5.72M Aug 29, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0% $1.68 5.72M Aug 30, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0% $1.67 5.72M Aug 31, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported purchases occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2023.