Caroline Young - 05 Sep 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
Caroline Young 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, 17:05:42 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 +0.3% $1.68 21,399 05 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $107 +65 +0.3% $1.65 21,464 06 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.3% $1.68 21,529 07 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +65 +0.3% $1.68 21,594 08 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +65 +0.3% $1.71 21,659 11 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +65 +0.3% $1.76 21,724 12 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $119 +65 +0.3% $1.83 21,789 13 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $120 +65 +0.3% $1.84 21,854 14 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $41.86 +23 +0.11% $1.82 21,877 15 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.25% $2.03 21,932 18 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0.25% $2.12 21,987 19 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $118 +55 +0.25% $2.14 22,042 20 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $125 +55 +0.25% $2.28 22,097 21 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $126 +55 +0.25% $2.29 22,152 22 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0.25% $2.24 22,207 25 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0.25% $2.07 22,262 26 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.25% $1.98 22,317 27 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0.25% $1.96 22,372 28 Sep 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +55 +0.25% $1.90 22,427 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 May 16, 2023.