James L. Herman - Mar 23, 2024 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
VP and Chief Compliance Office
Signature
James L. Herman by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Mar 23, 2024
Transactions value $
$4,693
Form type
4
Date filed
3/26/2024, 08:26 PM
Previous filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Tax liability -$2.15K -1.19K -3.01% $1.81 38.3K Mar 23, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPIX Options (right to buy) Award $6.84K +4K +33.33% $1.71 16K Mar 25, 2024 Common Stock 4K $1.71 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents shares withheld/purchased by the Company to cover the tax withholding obligations for the vesting of shares.