A. J. Kazimi - Dec 1, 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
Stock symbol
CPIX
Transactions as of
Dec 1, 2023
Transactions value $
$2,077
Form type
4
Date filed
12/28/2023, 05:07 PM
Previous filing
Dec 6, 2023
Next filing
Mar 26, 2024

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 5.72M Dec 1, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +64 +0% $1.72 5.72M Dec 4, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0% $1.69 5.72M Dec 5, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0% $1.70 5.72M Dec 6, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $56.10 +34 +0% $1.65 5.72M Dec 7, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $132 +72 +0% $1.83 5.72M Dec 8, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $152 +82 +0% $1.85 5.72M Dec 11, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $154 +87 +0% $1.77 5.72M Dec 12, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +82 +0% $1.80 5.72M Dec 13, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $153 +82 +0% $1.86 5.72M Dec 14, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $155 +82 +0% $1.89 5.72M Dec 15, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $146 +81 +0% $1.80 5.72M Dec 18, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $140 +81 +0% $1.73 5.72M Dec 19, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $218 +124 +0% $1.76 5.72M Dec 20, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +87 +0% $1.70 5.72M Dec 21, 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.