Caroline Young - 01 Dec 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 Dec 2023
Net transactions value
+$2,077
Form type
4
Filing time
28 Dec 2023, 17:10:11 UTC
Previous filing
06 Dec 2023
Next filing
30 Jan 2025
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 +0.29% $1.69 24,599 01 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $110 +64 +0.26% $1.72 24,663 04 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0.29% $1.69 24,735 05 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $122 +72 +0.29% $1.70 24,807 06 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $56.1 +34 +0.14% $1.65 24,841 07 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $132 +72 +0.29% $1.83 24,913 08 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $152 +82 +0.33% $1.85 24,995 11 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $154 +87 +0.35% $1.77 25,082 12 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +82 +0.33% $1.80 25,164 13 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $153 +82 +0.33% $1.86 25,246 14 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $155 +82 +0.32% $1.89 25,328 15 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $146 +81 +0.32% $1.80 25,409 18 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $140 +81 +0.32% $1.73 25,490 19 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $218 +124 +0.49% $1.76 25,614 20 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $148 +87 +0.34% $1.70 25,701 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.