Caroline Young - 01 Jul 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
01 Jul 2024
Net transactions value
+$616
Form type
4
Filing time
02 Aug 2024, 17:14:54 UTC
Previous filing
02 Jul 2024
Next filing
04 Sep 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 $30.87 +21 +0.08% $1.47 27,063 01 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.08 +21 +0.08% $1.48 27,084 02 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $39.52 +26 +0.1% $1.52 27,110 03 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,131 05 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.29 +21 +0.08% $1.49 27,152 08 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,173 09 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,194 10 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $30.87 +21 +0.08% $1.47 27,215 11 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $19.37 +13 +0.05% $1.49 27,228 12 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.08 +21 +0.08% $1.48 27,249 15 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $30 +20 +0.07% $1.50 27,269 16 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $8.7 +6 +0.02% $1.45 27,275 17 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.08 +21 +0.08% $1.48 27,296 18 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $17.76 +12 +0.04% $1.48 27,308 19 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.29 +21 +0.08% $1.49 27,329 22 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,350 23 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,371 24 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $23.84 +16 +0.06% $1.49 27,387 25 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,408 26 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.29 +21 +0.08% $1.49 27,429 29 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $8.88 +6 +0.02% $1.48 27,435 30 Jul 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $30.45 +21 +0.08% $1.45 27,456 31 Jul 2024 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 March 13, 2024.