Caroline Young - 01 Aug 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 Aug 2024
Net transactions value
+$569
Form type
4
Filing time
05 Sep 2024, 11:31:38 UTC
Previous filing
02 Aug 2024
Next filing
03 Oct 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 27,477 01 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $28.8 +20 +0.07% $1.44 27,497 02 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $12.78 +9 +0.03% $1.42 27,506 05 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $29.2 +20 +0.07% $1.46 27,526 06 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.5 +21 +0.08% $1.50 27,547 07 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $20.3 +14 +0.05% $1.45 27,561 08 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $17.16 +12 +0.04% $1.43 27,573 12 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $50.05 +35 +0.13% $1.43 27,608 13 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $30.45 +21 +0.08% $1.45 27,629 14 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $4.14 +3 +0.01% $1.38 27,632 15 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.24 +22 +0.08% $1.42 27,654 16 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $28.98 +21 +0.08% $1.38 27,675 19 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $29.7 +22 +0.08% $1.35 27,697 20 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $23.63 +17 +0.06% $1.39 27,714 21 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $29.4 +21 +0.08% $1.40 27,735 22 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $27.6 +20 +0.07% $1.38 27,755 23 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $34.25 +25 +0.09% $1.37 27,780 26 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $21 +15 +0.05% $1.40 27,795 27 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $35 +25 +0.09% $1.40 27,820 28 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $35.25 +25 +0.09% $1.41 27,845 29 Aug 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $17.55 +13 +0.05% $1.35 27,858 30 Aug 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.