Caroline Young - 03 Sep 2024 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
03 Sep 2024
Net transactions value
+$582
Form type
4
Filing time
03 Oct 2024, 16:08:41 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 $34.5 +25 +0.09% $1.38 27,883 03 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.05 +23 +0.08% $1.35 27,906 04 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $29.44 +23 +0.08% $1.28 27,929 05 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $7.8 +6 +0.02% $1.30 27,935 06 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $33.25 +25 +0.09% $1.33 27,960 09 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $19.5 +15 +0.05% $1.30 27,975 10 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.4 +24 +0.09% $1.35 27,999 11 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $33.75 +25 +0.09% $1.35 28,024 12 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.5 +25 +0.09% $1.30 28,049 13 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.5 +25 +0.09% $1.30 28,074 16 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.5 +25 +0.09% $1.30 28,099 17 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.5 +25 +0.09% $1.30 28,124 18 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.25 +25 +0.09% $1.29 28,149 19 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $32.5 +25 +0.09% $1.30 28,174 20 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31.25 +25 +0.09% $1.25 28,199 23 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $8.54 +7 +0.02% $1.22 28,206 24 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $25.8 +20 +0.07% $1.29 28,226 25 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $31 +25 +0.09% $1.24 28,251 26 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $27.28 +22 +0.08% $1.24 28,273 27 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $42.16 +31 +0.11% $1.36 28,304 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 purchase occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2024.