Replies to post #20207 on Medicine Man Technologies Inc (SHWZ)

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https://www.sec.gov/education/smallbusiness/goingpublic/officersanddirectors#:~:text=The%20rules%20under%20Section%2016%20require%20these%20%E2%80%9Cinsiders%E2%80%9D,business%20days%20on%20Forms%203%2C%204%20or%205.

Transaction reporting by officers, directors and 10% shareholders
Section 16 of the Exchange Act applies to an SEC reporting company's directors and officers, as well as shareholders who own more than 10% of a class of the company's equity securities registered under the Exchange Act. The rules under Section 16 require these “insiders” to report most of their transactions involving the company's equity securities to the SEC within two business days on Forms 3, 4 or 5.

Section 16 also establishes mechanisms for a company to recover "short swing" profits, or profits an insider realizes from a purchase and sale of the company’s security that occur within a six-month period. In addition, Section 16 prohibits short selling by insiders of any class of the company's securities, whether or not that class is registered under the Exchange Act.