A. J. Kazimi - 02 Oct 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
Issuer symbol
CPIX
Transactions as of
02 Oct 2023
Net transactions value
+$2,302
Form type
4
Filing time
03 Nov 2023, 17:03:34 UTC
Previous filing
03 Oct 2023
Next filing
06 Dec 2023
SEC
View on sec.gov

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 5,718,048 02 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0% $1.85 5,718,103 03 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.55 +45 +0% $1.79 5,718,148 04 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0% $1.85 5,718,203 05 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +55 +0% $1.88 5,718,258 06 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.06 5,718,313 09 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.04 5,718,368 10 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.04 5,718,423 11 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0% $2.13 5,718,478 12 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0% $2.07 5,718,533 13 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.03 5,718,588 16 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0% $2.24 5,718,643 17 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0% $1.96 5,718,698 18 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.05 5,718,753 19 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $24.96 +12 +0% $2.08 5,718,765 20 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +50 +0% $2.08 5,718,815 23 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $116 +55 +0% $2.10 5,718,870 24 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.99 5,718,925 25 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.99 5,718,980 26 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0% $1.98 5,719,035 27 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +51 +0% $2.04 5,719,086 30 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +55 +0% $2.01 5,719,141 31 Oct 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.