A. J. KAZIMI - 01 Nov 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
01 Nov 2024
Net transactions value
+$1,755
Form type
4
Filing time
05 Dec 2024, 17:03:28 UTC
Previous filing
05 Nov 2024
Next filing
30 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Purchase $87.4 +76 +0% $1.15 5,700,097 01 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $57.33 +49 +0% $1.17 5,700,146 04 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $91.2 +76 +0% $1.20 5,700,222 05 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $91.2 +76 +0% $1.20 5,700,298 06 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $88.92 +76 +0% $1.17 5,700,374 07 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $89.68 +76 +0% $1.18 5,700,450 08 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $91.2 +76 +0% $1.20 5,700,526 11 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $91.2 +76 +0% $1.20 5,700,602 12 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $91.2 +76 +0% $1.20 5,700,678 13 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $90.44 +76 +0% $1.19 5,700,754 14 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $88.92 +76 +0% $1.17 5,700,830 15 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $89.68 +76 +0% $1.18 5,700,906 18 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $87.4 +76 +0% $1.15 5,700,982 19 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $96.05 +85 +0% $1.13 5,701,067 20 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $92.65 +85 +0% $1.09 5,701,152 21 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $80.25 +75 +0% $1.07 5,701,227 22 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $81.75 +75 +0% $1.09 5,701,302 25 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $83.25 +75 +0% $1.11 5,701,377 26 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $86.25 +75 +0% $1.15 5,701,452 27 Nov 2024 Direct F1
transaction CPIX Common Stock Purchase $99 +75 +0% $1.32 5,701,527 29 Nov 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.