Kenneth Krogulski - Dec 2, 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
Kenneth J. Krogulski by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Dec 2, 2024
Transactions value $
$8,209
Form type
4
Date filed
12/30/2024, 07:41 PM
Previous filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Purchase $552 +415 +0.15% $1.33 272K Dec 2, 2024 Direct F1
transaction CPIX Common Stock Purchase $523 +415 +0.15% $1.26 272K Dec 3, 2024 Direct F1
transaction CPIX Common Stock Purchase $506 +415 +0.15% $1.22 273K Dec 4, 2024 Direct F1
transaction CPIX Common Stock Purchase $420 +350 +0.13% $1.20 273K Dec 5, 2024 Direct F1
transaction CPIX Common Stock Purchase $498 +415 +0.15% $1.20 274K Dec 6, 2024 Direct F1
transaction CPIX Common Stock Purchase $519 +415 +0.15% $1.25 274K Dec 9, 2024 Direct F1
transaction CPIX Common Stock Purchase $489 +197 +0.07% $2.48 274K Dec 10, 2024 Direct F1
transaction CPIX Common Stock Purchase $451 +197 +0.07% $2.29 274K Dec 11, 2024 Direct F1
transaction CPIX Common Stock Purchase $431 +197 +0.07% $2.19 275K Dec 12, 2024 Direct F1
transaction CPIX Common Stock Purchase $459 +197 +0.07% $2.33 275K Dec 13, 2024 Direct F1
transaction CPIX Common Stock Purchase $690 +312 +0.11% $2.21 275K Dec 16, 2024 Direct F1
transaction CPIX Common Stock Purchase $661 +312 +0.11% $2.12 275K Dec 17, 2024 Direct F1
transaction CPIX Common Stock Purchase $683 +312 +0.11% $2.19 276K Dec 18, 2024 Direct F1
transaction CPIX Common Stock Purchase $620 +266 +0.1% $2.33 276K Dec 19, 2024 Direct F1
transaction CPIX Common Stock Purchase $707 +301 +0.11% $2.35 276K Dec 20, 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 Rulo10b5-1 trading plan adopted by the reporting person on March 13, 2024.