Kenneth Krogulski - 01 Dec 2023 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
Director
Signature
Kenneth J. Krogulski by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
01 Dec 2023
Transactions value $
$11,314
Form type
4
Filing time
28 Dec 2023, 17:08:24 UTC
Previous filing
06 Dec 2023
Next filing
30 Jan 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 Small acquisition under Rule 16a-6 $641 +379 +0.16% $1.69 230,249 01 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $554 +322 +0.14% $1.72 230,571 04 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $641 +379 +0.16% $1.69 230,950 05 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $644 +379 +0.16% $1.70 231,329 06 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $287 +174 +0.08% $1.65 231,503 07 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $694 +379 +0.16% $1.83 231,882 08 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $803 +434 +0.19% $1.85 232,316 11 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $807 +456 +0.2% $1.77 232,772 12 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $781 +434 +0.19% $1.80 233,206 13 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $807 +434 +0.19% $1.86 233,640 14 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $820 +434 +0.19% $1.89 234,074 15 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $733 +407 +0.17% $1.80 234,481 18 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $704 +407 +0.17% $1.73 234,888 19 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $1,105 +628 +0.27% $1.76 235,516 20 Dec 2023 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $1,294 +761 +0.32% $1.70 236,277 21 Dec 2023 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 May16, 2023.