A. J. Kazimi - Oct 2, 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
Oct 2, 2023
Transactions value $
$2,302
Form type
4
Date filed
11/3/2023, 05:03 PM
Previous filing
Oct 3, 2023
Next filing
Dec 6, 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 $104 +55 +0% $1.89 5.72M Oct 2, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0% $1.85 5.72M Oct 3, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.60 +45 +0% $1.79 5.72M Oct 4, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0% $1.85 5.72M Oct 5, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +55 +0% $1.88 5.72M Oct 6, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.06 5.72M Oct 9, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.04 5.72M Oct 10, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.04 5.72M Oct 11, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0% $2.13 5.72M Oct 12, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0% $2.07 5.72M Oct 13, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.03 5.72M Oct 16, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0% $2.24 5.72M Oct 17, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0% $1.96 5.72M Oct 18, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.05 5.72M Oct 19, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $25.00 +12 +0% $2.08 5.72M Oct 20, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +50 +0% $2.08 5.72M Oct 23, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $116 +55 +0% $2.10 5.72M Oct 24, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.99 5.72M Oct 25, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.99 5.72M Oct 26, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.98 5.72M Oct 27, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +51 +0% $2.04 5.72M Oct 30, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +55 +0% $2.01 5.72M Oct 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 May16, 2023.