Galante Joseph C 4
4 · CUMBERLAND PHARMACEUTICALS INC · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Cumberland (CPIX) Director Joseph Galante Receives 1,800-Share Award
What Happened
Joseph C. Galante, a director of Cumberland Pharmaceuticals, received an award of 1,800 shares on March 18, 2026. The award is recorded at $2.80 per share for a total value of $5,040. This transaction is coded as an award/grant (A), i.e., an acquisition rather than a sale.
Key Details
- Transaction date: 2026-03-18; filing date: 2026-03-20 (appears timely under Form 4 rules).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 1,800 at $2.80 per share; total reported value $5,040.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/notable terms: Filing does not specify vesting, restrictions, or a 10b5-1 plan.
Context
Award grants (code A) are typically part of director compensation plans and represent an acquisition of shares rather than a sale; such grants can indicate alignment with shareholders but are often routine. The dollar value here is modest, so while it is an insider acquisition, it is relatively small in scale.
Insider Transaction Report
Form 4
Galante Joseph C
Director
Transactions
- Award
Common Stock
2026-03-18$2.80/sh+1,800$5,040→ 63,656 total
Signature
Joseph C. Galante /s/ John Hamm as attorney -in-fact|2026-03-20