Cumberland Pharmaceuticals (CPIX) CEO granted 100,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cumberland Pharmaceuticals Chairman and CEO A. J. Kazimi received a grant of stock options covering 100,000 shares of common stock at an exercise price of $2.8000 per share. After this award, he holds options for a total of 568,000 shares, reflecting compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KAZIMI A J
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (right to buy) | 100,000 | $2.80 | $280K |
Holdings After Transaction:
Options (right to buy) — 568,000 shares (Direct)
Footnotes (1)
FAQ
What did Cumberland Pharmaceuticals (CPIX) disclose in this Form 4 filing?
Cumberland Pharmaceuticals reported that Chairman and CEO A. J. Kazimi received a grant of options for 100,000 shares at $2.8000 per share. These options are a compensation award rather than a market purchase of common stock.
How many options does Cumberland CEO A. J. Kazimi hold after this grant?
Following the reported grant, A. J. Kazimi holds options covering 568,000 shares of Cumberland Pharmaceuticals common stock. This total includes the newly awarded 100,000-share option grant disclosed in the Form 4 insider transaction report.
What are the key terms of the new Cumberland Pharmaceuticals (CPIX) option grant?
The new award gives A. J. Kazimi options on 100,000 shares of common stock with an exercise price of $2.8000 per share. The options list an exercise date in 2030 and expire in 2036, according to the filing details.
Is the Cumberland Pharmaceuticals CEO Form 4 transaction a stock purchase or compensation?
The Form 4 shows a grant coded as an acquisition (A) of derivative securities, indicating a compensation-related stock option award. It is not an open-market purchase or sale of Cumberland Pharmaceuticals common shares by the CEO.
What type of security is involved in the Cumberland Pharmaceuticals (CPIX) insider transaction?
The transaction involves derivative securities described as “Options (right to buy)” Cumberland Pharmaceuticals common stock. Each option grant relates to one underlying share, for 100,000 underlying shares in total at the specified exercise price.