$CANNABIS SATIVA INC (CBDS.US)$ 10% Shareholder TOBIAS DAVID sold 579.79K shares of Common Stocks on Apr 18, 19, 20, 21, 22, 25, 26, 27, 28, May 4, 5, 6, 9, 10, 11, 12, 13, 16, 17, 18, 19, 20, 23, 25, 26, 27, 31, Jun 1, 2, 3, 6, 7, 9, 10, 14, 16, Jul 14, 15, 18, 19, 20, 21, 22, 25, 26, 27, 29, Aug 1, 2, 3, 4, 5, 8, 9, 10, 11, 12, 15, 22, 30, 31, Sep 1, 2, 6, 7, 8, 9, 12, 13, 14, 16, 19, 20, 21, 22, 23, 26, 27, 28, 29, 30, Oct 3, 4, 5, 6, 7, 10, 11, 12, 13, 14, 17, 18, 19, 21, 24, 25, 26, 31, 2022 at an average price of $0.0969 for a total value of $56,199.78.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.