Kenneth Krogulski - 03 Sep 2024 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
03 Sep 2024
Net transactions value
+$5,830
Form type
4
Filing time
03 Oct 2024, 16:06:51 UTC
Previous filing
04 Sep 2024
Next filing
05 Nov 2024

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 $345 +250 +0.1% $1.38 252,277 03 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $321 +238 +0.09% $1.35 252,515 04 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $294 +230 +0.09% $1.28 252,745 05 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $67.6 +52 +0.02% $1.30 252,797 06 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $332 +250 +0.1% $1.33 253,047 09 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $199 +153 +0.06% $1.30 253,200 10 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +241 +0.1% $1.35 253,441 11 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $338 +250 +0.1% $1.35 253,691 12 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +250 +0.1% $1.30 253,941 13 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +250 +0.1% $1.30 254,191 16 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +250 +0.1% $1.30 254,441 17 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +250 +0.1% $1.30 254,691 18 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $322 +250 +0.1% $1.29 254,941 19 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $325 +250 +0.1% $1.30 255,191 20 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $312 +250 +0.1% $1.25 255,441 23 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $89.06 +73 +0.03% $1.22 255,514 24 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $254 +197 +0.08% $1.29 255,711 25 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $310 +250 +0.1% $1.24 255,961 26 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $274 +221 +0.09% $1.24 256,182 27 Sep 2024 Direct F1
transaction CPIX Common Stock Small acquisition under Rule 16a-6 $420 +309 +0.12% $1.36 256,491 30 Sep 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.