A. J. Kazimi - 02 Dec 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
A.J. Kazimi by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
02 Dec 2024
Net transactions value
+$1,318
Form type
4
Filing time
30 Dec 2024, 19:44:18 UTC
Previous filing
05 Dec 2024
Next filing
04 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Purchase $93.1 +70 +0% $1.33 5,701,597 02 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $88.2 +70 +0% $1.26 5,701,667 03 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $85.4 +70 +0% $1.22 5,701,737 04 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $78 +65 +0% $1.20 5,701,802 05 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $84 +70 +0% $1.20 5,701,872 06 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $87.5 +70 +0% $1.25 5,701,942 09 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $79.36 +32 +0% $2.48 5,701,974 10 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $73.28 +32 +0% $2.29 5,702,006 11 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $70.08 +32 +0% $2.19 5,702,038 12 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $74.56 +32 +0% $2.33 5,702,070 13 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $108 +49 +0% $2.21 5,702,119 16 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $104 +49 +0% $2.12 5,702,168 17 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $107 +49 +0% $2.19 5,702,217 18 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $93.2 +40 +0% $2.33 5,702,257 19 Dec 2024 Direct F1
transaction CPIX Common Stock Purchase $91.65 +39 +0% $2.35 5,702,296 20 Dec 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.