A. J. Kazimi - Nov 1, 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Nov 1, 2023
Transactions value $
$1,741
Form type
4
Date filed
12/6/2023, 05:02 PM
Previous filing
Nov 3, 2023
Next filing
Dec 28, 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 $102 +55 +0% $1.85 5.72M Nov 1, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0% $1.97 5.72M Nov 2, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.06 5.72M Nov 3, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.03 5.72M Nov 6, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $38.20 +19 +0% $2.01 5.72M Nov 7, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +55 +0% $2.00 5.72M Nov 8, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $100 +55 +0% $1.82 5.72M Nov 9, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.40 +55 +0% $1.77 5.72M Nov 10, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.50 +46 +0% $1.75 5.72M Nov 13, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.20 +55 +0% $1.73 5.72M Nov 14, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.90 +55 +0% $1.78 5.72M Nov 15, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $22.50 +13 +0% $1.73 5.72M Nov 16, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $101 +55 +0% $1.83 5.72M Nov 17, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $90.10 +53 +0% $1.70 5.72M Nov 20, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $44.00 +25 +0% $1.76 5.72M Nov 21, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.70 +55 +0% $1.74 5.72M Nov 22, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $134 +72 +0% $1.86 5.72M Nov 27, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $42.00 +25 +0% $1.68 5.72M Nov 28, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $55.40 +32 +0% $1.73 5.72M Nov 29, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +62 +0% $1.66 5.72M Nov 30, 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.