Caroline Young - 01 Nov 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
01 Nov 2023
Net transactions value
+$1,741
Form type
4
Filing time
06 Dec 2023, 17:04:52 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 +0.23% $1.85 23,630 01 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $108 +55 +0.23% $1.97 23,685 02 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $113 +55 +0.23% $2.06 23,740 03 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $112 +55 +0.23% $2.03 23,795 06 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $38.19 +19 +0.08% $2.01 23,814 07 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +55 +0.23% $2.00 23,869 08 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $100 +55 +0.23% $1.82 23,924 09 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.35 +55 +0.23% $1.77 23,979 10 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $80.5 +46 +0.19% $1.75 24,025 13 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.15 +55 +0.23% $1.73 24,080 14 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $97.9 +55 +0.23% $1.78 24,135 15 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $22.49 +13 +0.05% $1.73 24,148 16 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $101 +55 +0.23% $1.83 24,203 17 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $90.1 +53 +0.22% $1.70 24,256 20 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $44 +25 +0.1% $1.76 24,281 21 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $95.7 +55 +0.23% $1.74 24,336 22 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $134 +72 +0.3% $1.86 24,408 27 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $42 +25 +0.1% $1.68 24,433 28 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $55.36 +32 +0.13% $1.73 24,465 29 Nov 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $103 +62 +0.25% $1.66 24,527 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.