Isidoro Gutierrez, Chief Administrative Officer at VelaTel Global Communications, Inc. (VELA), sold 1,000,000 shares at $0.03 ($30K) on 2012-04-05, disclosed to the SEC on 2012-04-30.
Open-market sale of $30k VELA by Chief Administrative Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.03 | 220,000 | $7K | 22.0% |
| 2 | $0.03 | 280,000 | $8K | 28.0% |
| 3 | $0.03 | 389,000 | $12K | 38.9% |
| 4 | $0.03 | 111,000 | $3K | 11.1% |
| Total | $0.03 avg | 1,000,000 | $30K | 100% |
| Filing → |
| VELA | SELL | 2012-09-10 | $5K | — | Filing → |
| VELA | SELL | 2012-08-31 | $708 | — | Filing → |
| VELA | SELL | 2012-07-20 | $5K | — | Filing → |