James L. Herman - 23 Mar 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Signature
James L. Herman by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
23 Mar 2024
Net transactions value
+$4,693
Form type
4
Filing time
26 Mar 2024, 20:26:03 UTC
Previous filing
27 Mar 2023
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Tax liability $2,147 -1,186 -3% $1.81 38,255 23 Mar 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPIX Options (right to buy) Award $6,840 +4,000 +33% $1.71 16,000 25 Mar 2024 Common Stock 4,000 $1.71 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents shares withheld/purchased by the Company to cover the tax withholding obligations for the vesting of shares.