STOCK TITAN

[Form 4] Cumberland Pharmaceuticals Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing for Cumberland Pharmaceuticals Inc. (CPIX) details a series of open-market purchases executed by director Kenneth J. Krogulski under an existing Rule 10b5-1 trading plan adopted on 14 Nov 2024.

  • Transaction window: 2 Jun 2025 – 30 Jun 2025 (20 trading days).
  • Shares acquired: 935 common shares (19 trades of 45 shares each and one trade of 80 shares).
  • Total cost basis: purchase prices ranged from $2.60 – $6.00 per share, indicating declining market prices over the period.
  • Ownership change: holdings rose from 285,743 to 286,633 shares, a 0.3% increase.
  • Transaction code “P” confirms open-market purchases; the “V” footnote references execution under the 10b5-1 plan.

No derivative securities were reported, and there were no dispositions. The filing is routine in nature and does not announce any corporate events, earnings data, or material changes beyond the incremental insider accumulation.

Il modulo 4 per Cumberland Pharmaceuticals Inc. (CPIX) riporta una serie di acquisti sul mercato aperto effettuati dal direttore Kenneth J. Krogulski nell'ambito di un piano di trading conforme alla Regola 10b5-1 adottato il 14 novembre 2024.

  • Periodo delle transazioni: dal 2 giugno 2025 al 30 giugno 2025 (20 giorni di contrattazione).
  • Azioni acquistate: 935 azioni ordinarie (19 operazioni da 45 azioni ciascuna e una operazione da 80 azioni).
  • Prezzo totale di acquisto: i prezzi per azione variavano tra 2,60$ e 6,00$, mostrando un trend di prezzi in calo durante il periodo.
  • Variazione della proprietà: le partecipazioni sono aumentate da 285.743 a 286.633 azioni, pari a un incremento dello 0,3%.
  • Il codice transazione “P” indica acquisti sul mercato aperto; la nota “V” segnala l'esecuzione nell'ambito del piano 10b5-1.

Non sono stati segnalati strumenti derivati né dismissioni. La comunicazione è di natura ordinaria e non annuncia eventi societari, dati sugli utili o cambiamenti rilevanti oltre all'accumulo incrementale da parte dell'insider.

La presentación del formulario 4 para Cumberland Pharmaceuticals Inc. (CPIX) detalla una serie de compras en el mercado abierto realizadas por el director Kenneth J. Krogulski bajo un plan de negociación conforme a la Regla 10b5-1 adoptado el 14 de noviembre de 2024.

  • Ventana de transacciones: del 2 de junio de 2025 al 30 de junio de 2025 (20 días hábiles).
  • Acciones adquiridas: 935 acciones comunes (19 transacciones de 45 acciones cada una y una transacción de 80 acciones).
  • Costo total: los precios de compra oscilaron entre $2.60 y $6.00 por acción, indicando una caída en los precios de mercado durante el período.
  • Cambio en la propiedad: las participaciones aumentaron de 285,743 a 286,633 acciones, un incremento del 0.3%.
  • El código de transacción “P” confirma compras en el mercado abierto; la nota “V” hace referencia a la ejecución bajo el plan 10b5-1.

No se reportaron valores derivados ni disposiciones. La presentación es de carácter rutinario y no anuncia eventos corporativos, datos de ganancias o cambios materiales más allá de la acumulación incremental del insider.

Cumberland Pharmaceuticals Inc.(CPIX)의 Form 4 제출은 2024년 11월 14일에 채택된 기존 Rule 10b5-1 거래 계획에 따라 이사 Kenneth J. Krogulski가 수행한 일련의 공개시장 매수를 상세히 설명합니다.

  • 거래 기간: 2025년 6월 2일 – 2025년 6월 30일 (20거래일).
  • 매수 주식 수: 보통주 935주 (45주씩 19건, 80주 1건).
  • 총 매입 원가: 주당 매입 가격은 $2.60 – $6.00 사이로, 기간 동안 시장 가격이 하락했음을 나타냅니다.
  • 소유권 변동: 보유 주식이 285,743주에서 286,633주로 0.3% 증가했습니다.
  • 거래 코드 “P”는 공개시장 매수를 확인하며, “V” 각주는 10b5-1 계획에 따른 실행을 나타냅니다.

파생 증권은 보고되지 않았으며, 처분도 없었습니다. 이 제출은 일상적인 성격이며, 기업 이벤트, 수익 데이터 또는 점진적인 내부자 누적 외의 중요한 변화를 알리지 않습니다.

Dépôt du formulaire 4 pour Cumberland Pharmaceuticals Inc. (CPIX) détaille une série d’achats sur le marché libre effectués par le directeur Kenneth J. Krogulski dans le cadre d’un plan de trading conforme à la règle 10b5-1 adopté le 14 novembre 2024.

  • Période des transactions : du 2 juin 2025 au 30 juin 2025 (20 jours de bourse).
  • Actions acquises : 935 actions ordinaires (19 transactions de 45 actions chacune et une transaction de 80 actions).
  • Coût total : les prix d’achat variaient entre 2,60 $ et 6,00 $ par action, indiquant une baisse des cours sur la période.
  • Changement de propriété : les participations sont passées de 285 743 à 286 633 actions, soit une augmentation de 0,3 %.
  • Le code de transaction « P » confirme des achats sur le marché libre ; la note « V » fait référence à une exécution dans le cadre du plan 10b5-1.

Aucun titre dérivé n’a été signalé, et aucune cession n’a eu lieu. Le dépôt est de nature routinière et n’annonce aucun événement d’entreprise, données de résultats ou changement significatif au-delà de l’accumulation progressive d’initiés.

Formular 4 Einreichung für Cumberland Pharmaceuticals Inc. (CPIX) beschreibt eine Reihe von Käufen am offenen Markt, die vom Direktor Kenneth J. Krogulski im Rahmen eines bestehenden Rule 10b5-1 Handelsplans ausgeführt wurden, der am 14. November 2024 angenommen wurde.

  • Transaktionszeitraum: 2. Juni 2025 – 30. Juni 2025 (20 Handelstage).
  • Erworbene Aktien: 935 Stammaktien (19 Transaktionen mit je 45 Aktien und eine Transaktion mit 80 Aktien).
  • Gesamtkostenbasis: Kaufpreise lagen zwischen pro Aktie, was auf fallende Marktpreise im Zeitraum hinweist.
  • Eigentumsänderung: Bestände stiegen von 285.743 auf 286.633 Aktien, eine Steigerung von 0,3 %.
  • Transaktionscode „P“ bestätigt Käufe am offenen Markt; die Fußnote „V“ verweist auf die Ausführung unter dem 10b5-1 Plan.

Es wurden keine Derivate gemeldet, und es gab keine Veräußerungen. Die Einreichung ist routinemäßig und kündigt keine Unternehmensereignisse, Gewinnzahlen oder wesentliche Änderungen über die schrittweise Insider-Akkumulation hinaus an.

Positive
  • 935 common shares were purchased, increasing insider ownership to 286,633 shares.
  • Purchases occurred even as the share price fell, suggesting the director was willing to accumulate at lower valuations.
Negative
  • Total shares acquired represent only 0.3 % of the director’s existing stake, limiting informational value.
  • Transactions were executed under a pre-set Rule 10b5-1 plan, reducing their signaling power regarding current insider sentiment.

Insights

TL;DR: Director bought 935 CPIX shares via 10b5-1 plan; small, routine insider accumulation—marginally positive signal.

Director Kenneth Krogulski executed 20 scheduled purchases totalling 935 shares in June 2025, lifting his direct stake to 286,633 shares. At the period’s volume-weighted average price of roughly $4.70, the outlay is under $4.5 k—immaterial relative to market cap and his existing holding. Nonetheless, consistent buying while the share price slid from $6.00 to $2.60 can be read as a modest vote of confidence. Because trades were pre-arranged, they provide limited insight into real-time sentiment. From a valuation perspective, the incremental 0.3 % ownership uptick is unlikely to influence float or trading dynamics. Overall impact on CPIX investment thesis is neutral to slightly positive.

TL;DR: Scheduled micro-purchases signal stability, not a catalyst; negligible portfolio impact.

The Form 4 shows a disciplined drip-buy strategy under Rule 10b5-1, averaging ≈47 shares/day. The director averaged down as CPIX declined 57 % during the month. While insider buying generally supports alignment, the financial commitment is de-minimis and unlikely to precede significant corporate actions. I classify the disclosure as not impactful for portfolio positioning; position sizing or risk budget for CPIX should remain unchanged.

Il modulo 4 per Cumberland Pharmaceuticals Inc. (CPIX) riporta una serie di acquisti sul mercato aperto effettuati dal direttore Kenneth J. Krogulski nell'ambito di un piano di trading conforme alla Regola 10b5-1 adottato il 14 novembre 2024.

  • Periodo delle transazioni: dal 2 giugno 2025 al 30 giugno 2025 (20 giorni di contrattazione).
  • Azioni acquistate: 935 azioni ordinarie (19 operazioni da 45 azioni ciascuna e una operazione da 80 azioni).
  • Prezzo totale di acquisto: i prezzi per azione variavano tra 2,60$ e 6,00$, mostrando un trend di prezzi in calo durante il periodo.
  • Variazione della proprietà: le partecipazioni sono aumentate da 285.743 a 286.633 azioni, pari a un incremento dello 0,3%.
  • Il codice transazione “P” indica acquisti sul mercato aperto; la nota “V” segnala l'esecuzione nell'ambito del piano 10b5-1.

Non sono stati segnalati strumenti derivati né dismissioni. La comunicazione è di natura ordinaria e non annuncia eventi societari, dati sugli utili o cambiamenti rilevanti oltre all'accumulo incrementale da parte dell'insider.

La presentación del formulario 4 para Cumberland Pharmaceuticals Inc. (CPIX) detalla una serie de compras en el mercado abierto realizadas por el director Kenneth J. Krogulski bajo un plan de negociación conforme a la Regla 10b5-1 adoptado el 14 de noviembre de 2024.

  • Ventana de transacciones: del 2 de junio de 2025 al 30 de junio de 2025 (20 días hábiles).
  • Acciones adquiridas: 935 acciones comunes (19 transacciones de 45 acciones cada una y una transacción de 80 acciones).
  • Costo total: los precios de compra oscilaron entre $2.60 y $6.00 por acción, indicando una caída en los precios de mercado durante el período.
  • Cambio en la propiedad: las participaciones aumentaron de 285,743 a 286,633 acciones, un incremento del 0.3%.
  • El código de transacción “P” confirma compras en el mercado abierto; la nota “V” hace referencia a la ejecución bajo el plan 10b5-1.

No se reportaron valores derivados ni disposiciones. La presentación es de carácter rutinario y no anuncia eventos corporativos, datos de ganancias o cambios materiales más allá de la acumulación incremental del insider.

Cumberland Pharmaceuticals Inc.(CPIX)의 Form 4 제출은 2024년 11월 14일에 채택된 기존 Rule 10b5-1 거래 계획에 따라 이사 Kenneth J. Krogulski가 수행한 일련의 공개시장 매수를 상세히 설명합니다.

  • 거래 기간: 2025년 6월 2일 – 2025년 6월 30일 (20거래일).
  • 매수 주식 수: 보통주 935주 (45주씩 19건, 80주 1건).
  • 총 매입 원가: 주당 매입 가격은 $2.60 – $6.00 사이로, 기간 동안 시장 가격이 하락했음을 나타냅니다.
  • 소유권 변동: 보유 주식이 285,743주에서 286,633주로 0.3% 증가했습니다.
  • 거래 코드 “P”는 공개시장 매수를 확인하며, “V” 각주는 10b5-1 계획에 따른 실행을 나타냅니다.

파생 증권은 보고되지 않았으며, 처분도 없었습니다. 이 제출은 일상적인 성격이며, 기업 이벤트, 수익 데이터 또는 점진적인 내부자 누적 외의 중요한 변화를 알리지 않습니다.

Dépôt du formulaire 4 pour Cumberland Pharmaceuticals Inc. (CPIX) détaille une série d’achats sur le marché libre effectués par le directeur Kenneth J. Krogulski dans le cadre d’un plan de trading conforme à la règle 10b5-1 adopté le 14 novembre 2024.

  • Période des transactions : du 2 juin 2025 au 30 juin 2025 (20 jours de bourse).
  • Actions acquises : 935 actions ordinaires (19 transactions de 45 actions chacune et une transaction de 80 actions).
  • Coût total : les prix d’achat variaient entre 2,60 $ et 6,00 $ par action, indiquant une baisse des cours sur la période.
  • Changement de propriété : les participations sont passées de 285 743 à 286 633 actions, soit une augmentation de 0,3 %.
  • Le code de transaction « P » confirme des achats sur le marché libre ; la note « V » fait référence à une exécution dans le cadre du plan 10b5-1.

Aucun titre dérivé n’a été signalé, et aucune cession n’a eu lieu. Le dépôt est de nature routinière et n’annonce aucun événement d’entreprise, données de résultats ou changement significatif au-delà de l’accumulation progressive d’initiés.

Formular 4 Einreichung für Cumberland Pharmaceuticals Inc. (CPIX) beschreibt eine Reihe von Käufen am offenen Markt, die vom Direktor Kenneth J. Krogulski im Rahmen eines bestehenden Rule 10b5-1 Handelsplans ausgeführt wurden, der am 14. November 2024 angenommen wurde.

  • Transaktionszeitraum: 2. Juni 2025 – 30. Juni 2025 (20 Handelstage).
  • Erworbene Aktien: 935 Stammaktien (19 Transaktionen mit je 45 Aktien und eine Transaktion mit 80 Aktien).
  • Gesamtkostenbasis: Kaufpreise lagen zwischen pro Aktie, was auf fallende Marktpreise im Zeitraum hinweist.
  • Eigentumsänderung: Bestände stiegen von 285.743 auf 286.633 Aktien, eine Steigerung von 0,3 %.
  • Transaktionscode „P“ bestätigt Käufe am offenen Markt; die Fußnote „V“ verweist auf die Ausführung unter dem 10b5-1 Plan.

Es wurden keine Derivate gemeldet, und es gab keine Veräußerungen. Die Einreichung ist routinemäßig und kündigt keine Unternehmensereignisse, Gewinnzahlen oder wesentliche Änderungen über die schrittweise Insider-Akkumulation hinaus an.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Krogulski Kenneth

(Last) (First) (Middle)
1600 WEST END AVE., SUITE 1300

(Street)
NASHVILLE TN 37203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CUMBERLAND PHARMACEUTICALS INC [ CPIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/02/2025 P V 45(1) A $5.2 285,743 D
Common Stock 06/03/2025 P V 45(1) A $5.61 285,788 D
Common Stock 06/04/2025 P V 45(1) A $5.75 285,833 D
Common Stock 06/05/2025 P V 45(1) A $5.46 285,878 D
Common Stock 06/06/2025 P V 45(1) A $5.57 285,923 D
Common Stock 06/09/2025 P V 45(1) A $5.94 285,968 D
Common Stock 06/10/2025 P V 45(1) A $6 286,013 D
Common Stock 06/11/2025 P V 45(1) A $5.57 286,058 D
Common Stock 06/12/2025 P V 45(1) A $5.67 286,103 D
Common Stock 06/13/2025 P V 45(1) A $5.81 286,148 D
Common Stock 06/16/2025 P V 45(1) A $5.32 286,193 D
Common Stock 06/17/2025 P V 45(1) A $5.61 286,238 D
Common Stock 06/18/2025 P V 45(1) A $5.52 286,283 D
Common Stock 06/20/2025 P V 45(1) A $5.29 286,328 D
Common Stock 06/23/2025 P V 45(1) A $4.61 286,373 D
Common Stock 06/24/2025 P V 45(1) A $3.91 286,418 D
Common Stock 06/25/2025 P V 45(1) A $3.27 286,463 D
Common Stock 06/26/2025 P V 45(1) A $2.71 286,508 D
Common Stock 06/27/2025 P V 45(1) A $2.6 286,553 D
Common Stock 06/30/2025 P V 80(1) A $2.74 286,633 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported purchase occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2024.
Remarks:
Kenneth J. Krogulski by /s/ John Hamm as attorney-in-fact 07/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CPIX shares did director Kenneth Krogulski buy in June 2025?

He acquired 935 common shares across 20 trades from 2 Jun 2025 to 30 Jun 2025.

What was the price range of the CPIX insider purchases?

The trades were executed between $2.60 and $6.00 per share.

Did the Form 4 include any sales or derivative transactions?

No. The filing reports only open-market purchases; no sales or derivative securities were disclosed.

What is the director’s total direct ownership after these transactions?

Following the reported trades, Kenneth Krogulski directly owns 286,633 CPIX shares.

Were the trades part of a Rule 10b5-1 trading plan?

Yes. Footnote 1 states the purchases were executed automatically under a 10b5-1 plan adopted 14 Nov 2024.
Cumberland Pharmaceuticals Inc

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Drug Manufacturers - Specialty & Generic
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NASHVILLE,