A. J. Kazimi - 03 Sep 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
03 Sep 2024
Net transactions value
+$1,166
Form type
4
Filing time
03 Oct 2024, 16:07:33 UTC
Previous filing
04 Sep 2024
Next filing
05 Nov 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 $69 +50 +0% $1.38 5,697,753 03 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $63.45 +47 +0% $1.35 5,697,800 04 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $58.88 +46 +0% $1.28 5,697,846 05 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $13 +10 +0% $1.30 5,697,856 06 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $66.5 +50 +0% $1.33 5,697,906 09 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $40.3 +31 +0% $1.30 5,697,937 10 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $64.8 +48 +0% $1.35 5,697,985 11 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $69 +50 +0% $1.38 5,698,035 12 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $65 +50 +0% $1.30 5,698,085 13 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $65 +50 +0% $1.30 5,698,135 16 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $65 +50 +0% $1.30 5,698,185 17 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $65 +50 +0% $1.30 5,698,235 18 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $64.5 +50 +0% $1.29 5,698,285 19 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $65 +50 +0% $1.30 5,698,335 20 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $62.5 +50 +0% $1.25 5,698,385 23 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $18.3 +15 +0% $1.22 5,698,400 24 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $50.31 +39 +0% $1.29 5,698,439 25 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $62 +50 +0% $1.24 5,698,489 26 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $54.56 +44 +0% $1.24 5,698,533 27 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $84.32 +62 +0% $1.36 5,698,595 30 Sep 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.