Kenneth Krogulski - Dec 1, 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
Kenneth J. Krogulski by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Dec 1, 2023
Transactions value $
$11,314
Form type
4
Date filed
12/28/2023, 05:08 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 $641 +379 +0.16% $1.69 230K Dec 1, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $554 +322 +0.14% $1.72 231K Dec 4, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $641 +379 +0.16% $1.69 231K Dec 5, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $644 +379 +0.16% $1.70 231K Dec 6, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $287 +174 +0.08% $1.65 232K Dec 7, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $694 +379 +0.16% $1.83 232K Dec 8, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $803 +434 +0.19% $1.85 232K Dec 11, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $807 +456 +0.2% $1.77 233K Dec 12, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $781 +434 +0.19% $1.80 233K Dec 13, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $807 +434 +0.19% $1.86 234K Dec 14, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $820 +434 +0.19% $1.89 234K Dec 15, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $733 +407 +0.17% $1.80 234K Dec 18, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $704 +407 +0.17% $1.73 235K Dec 19, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $1.11K +628 +0.27% $1.76 236K Dec 20, 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $1.29K +761 +0.32% $1.70 236K 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.