Caroline Young - 02 Oct 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
02 Oct 2023
Net transactions value
+$2,302
Form type
4
Filing time
03 Nov 2023, 17:05:36 UTC
Previous filing
03 Oct 2023
Next filing
06 Dec 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 +0.25% $1.89 22,482 02 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0.24% $1.85 22,537 03 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.55 +45 +0.2% $1.79 22,582 04 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $102 +55 +0.24% $1.85 22,637 05 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +55 +0.24% $1.88 22,692 06 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0.24% $2.06 22,747 09 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.24% $2.04 22,802 10 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.24% $2.04 22,857 11 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $117 +55 +0.24% $2.13 22,912 12 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $114 +55 +0.24% $2.07 22,967 13 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.24% $2.03 23,022 16 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $123 +55 +0.24% $2.24 23,077 17 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0.24% $1.96 23,132 18 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0.24% $2.05 23,187 19 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $24.96 +12 +0.05% $2.08 23,199 20 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +50 +0.22% $2.08 23,249 23 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $116 +55 +0.24% $2.10 23,304 24 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.24% $1.99 23,359 25 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.24% $1.99 23,414 26 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $109 +55 +0.23% $1.98 23,469 27 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $104 +51 +0.22% $2.04 23,520 30 Oct 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $111 +55 +0.23% $2.01 23,575 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.