James Jones - 05 Sep 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
James Jones by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
05 Sep 2023
Net transactions value
+$2,097
Form type
4
Filing time
03 Oct 2023, 17:04:51 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 +0.23% $1.68 28,105 05 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $107 +65 +0.23% $1.65 28,170 06 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.23% $1.68 28,235 07 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.23% $1.68 28,300 08 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +65 +0.23% $1.72 28,365 11 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +65 +0.23% $1.76 28,430 12 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $119 +65 +0.23% $1.83 28,495 13 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $120 +65 +0.23% $1.84 28,560 14 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $41.86 +23 +0.08% $1.82 28,583 15 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.19% $2.03 28,638 18 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0.19% $2.12 28,693 19 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $118 +55 +0.19% $2.14 28,748 20 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $125 +55 +0.19% $2.28 28,803 21 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $126 +55 +0.19% $2.29 28,858 22 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0.19% $2.24 28,913 25 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0.19% $2.07 28,968 26 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.19% $1.98 29,023 27 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0.19% $1.96 29,078 28 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +55 +0.19% $1.90 29,133 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.