Caroline Young - Sep 5, 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
Caroline Young by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Sep 5, 2023
Transactions value $
$2,096
Form type
4
Date filed
10/3/2023, 05:05 PM
Previous filing
Sep 8, 2023
Next filing
Nov 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 $109 +65 +0.3% $1.68 21.4K Sep 5, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $107 +65 +0.3% $1.65 21.5K Sep 6, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.3% $1.68 21.5K Sep 7, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.3% $1.68 21.6K Sep 8, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0.3% $1.71 21.7K Sep 11, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +65 +0.3% $1.76 21.7K Sep 12, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $119 +65 +0.3% $1.83 21.8K Sep 13, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $120 +65 +0.3% $1.84 21.9K Sep 14, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $41.90 +23 +0.11% $1.82 21.9K Sep 15, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.25% $2.03 21.9K Sep 18, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0.25% $2.12 22K Sep 19, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $118 +55 +0.25% $2.14 22K Sep 20, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $125 +55 +0.25% $2.28 22.1K Sep 21, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $126 +55 +0.25% $2.29 22.2K Sep 22, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0.25% $2.24 22.2K Sep 25, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0.25% $2.07 22.3K Sep 26, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.25% $1.98 22.3K Sep 27, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0.25% $1.96 22.4K Sep 28, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $105 +55 +0.25% $1.90 22.4K Sep 29, 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.