A. J. Kazimi - Dec 2, 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
Stock symbol
CPIX
Transactions as of
Dec 2, 2024
Transactions value $
$1,318
Form type
4
Date filed
12/30/2024, 07:44 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 $93.10 +70 +0% $1.33 5.7M Dec 2, 2024 Direct F1
transaction CPIX Common Stock Purchase $88.20 +70 +0% $1.26 5.7M Dec 3, 2024 Direct F1
transaction CPIX Common Stock Purchase $85.40 +70 +0% $1.22 5.7M Dec 4, 2024 Direct F1
transaction CPIX Common Stock Purchase $78.00 +65 +0% $1.20 5.7M Dec 5, 2024 Direct F1
transaction CPIX Common Stock Purchase $84.00 +70 +0% $1.20 5.7M Dec 6, 2024 Direct F1
transaction CPIX Common Stock Purchase $87.50 +70 +0% $1.25 5.7M Dec 9, 2024 Direct F1
transaction CPIX Common Stock Purchase $79.40 +32 +0% $2.48 5.7M Dec 10, 2024 Direct F1
transaction CPIX Common Stock Purchase $73.30 +32 +0% $2.29 5.7M Dec 11, 2024 Direct F1
transaction CPIX Common Stock Purchase $70.10 +32 +0% $2.19 5.7M Dec 12, 2024 Direct F1
transaction CPIX Common Stock Purchase $74.60 +32 +0% $2.33 5.7M Dec 13, 2024 Direct F1
transaction CPIX Common Stock Purchase $108 +49 +0% $2.21 5.7M Dec 16, 2024 Direct F1
transaction CPIX Common Stock Purchase $104 +49 +0% $2.12 5.7M Dec 17, 2024 Direct F1
transaction CPIX Common Stock Purchase $107 +49 +0% $2.19 5.7M Dec 18, 2024 Direct F1
transaction CPIX Common Stock Purchase $93.20 +40 +0% $2.33 5.7M Dec 19, 2024 Direct F1
transaction CPIX Common Stock Purchase $91.70 +39 +0% $2.35 5.7M 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.