A. J. Kazimi - 05 Sep 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
05 Sep 2023
Net transactions value
+$2,096
Form type
4
Filing time
03 Oct 2023, 17:02:46 UTC
Previous filing
08 Sep 2023
Next filing
03 Nov 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 $109 +65 +0% $1.68 5,716,965 05 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $107 +65 +0% $1.65 5,717,030 06 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0% $1.68 5,717,095 07 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0% $1.68 5,717,160 08 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0% $1.71 5,717,225 11 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +65 +0% $1.76 5,717,290 12 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $119 +65 +0% $1.83 5,717,355 13 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $120 +65 +0% $1.84 5,717,420 14 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $41.86 +23 +0% $1.82 5,717,443 15 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.03 5,717,498 18 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0% $2.12 5,717,553 19 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $118 +55 +0% $2.14 5,717,608 20 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $125 +55 +0% $2.28 5,717,663 21 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $126 +55 +0% $2.29 5,717,718 22 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0% $2.24 5,717,773 25 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0% $2.07 5,717,828 26 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.98 5,717,883 27 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0% $1.96 5,717,938 28 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +55 +0% $1.90 5,717,993 29 Sep 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 May16, 2023.