A. J. Kazimi - 01 Nov 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
01 Nov 2023
Net transactions value
+$1,741
Form type
4
Filing time
06 Dec 2023, 17:02:42 UTC
Previous filing
03 Nov 2023
Next filing
28 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 $102 +55 +0% $1.85 5,719,196 01 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0% $1.97 5,719,251 02 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0% $2.06 5,719,306 03 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0% $2.03 5,719,361 06 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $38.19 +19 +0% $2.01 5,719,380 07 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +55 +0% $2.00 5,719,435 08 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $100 +55 +0% $1.82 5,719,490 09 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.35 +55 +0% $1.77 5,719,545 10 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.5 +46 +0% $1.75 5,719,591 13 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.15 +55 +0% $1.73 5,719,646 14 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.9 +55 +0% $1.78 5,719,701 15 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $22.49 +13 +0% $1.73 5,719,714 16 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $101 +55 +0% $1.83 5,719,769 17 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $90.1 +53 +0% $1.70 5,719,822 20 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $44 +25 +0% $1.76 5,719,847 21 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.7 +55 +0% $1.74 5,719,902 22 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $134 +72 +0% $1.86 5,719,974 27 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $42 +25 +0% $1.68 5,719,999 28 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $55.36 +32 +0% $1.73 5,720,031 29 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +62 +0% $1.66 5,720,093 30 Nov 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.