A. J. Kazimi - 01 Dec 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
01 Dec 2023
Net transactions value
+$2,077
Form type
4
Filing time
28 Dec 2023, 17:07:00 UTC
Previous filing
06 Dec 2023
Next filing
26 Mar 2024
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 $122 +72 +0% $1.69 5,720,165 01 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +64 +0% $1.72 5,720,229 04 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0% $1.69 5,720,301 05 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0% $1.70 5,720,373 06 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $56.1 +34 +0% $1.65 5,720,407 07 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $132 +72 +0% $1.83 5,720,479 08 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $152 +82 +0% $1.85 5,720,561 11 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $154 +87 +0% $1.77 5,720,648 12 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +82 +0% $1.80 5,720,730 13 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $153 +82 +0% $1.86 5,720,812 14 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $155 +82 +0% $1.89 5,720,894 15 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $146 +81 +0% $1.80 5,720,975 18 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $140 +81 +0% $1.73 5,721,056 19 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $218 +124 +0% $1.76 5,721,180 20 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +87 +0% $1.70 5,721,267 21 Dec 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.