Isidoro Gutierrez, Chief Administrative Officer at VelaTel Global Communications, Inc. (VELA), sold 2,000,000 shares at $0.02 ($45K) on 2012-03-20, disclosed to the SEC on 2012-03-22.
Open-market sale of $45k 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 | $0.02 | 98,200 | $2K | 4.4% |
| 2 | $0.02 | 207,650 | $4K | 9.2% |
| 3 | $0.02 | 500,000 | $10K | 22.2% |
| 4 | $0.02 | 292,350 | $6K | 13.0% |
| 5 | $0.02 | 401,800 | $8K | 17.9% |
| 6 | $0.03 | 500,000 |
| $15K |
| 33.3% |
| Total | $0.02 avg | 2,000,000 | $45K | 100% |
| Filing → |
| VELA | SELL | 2012-09-10 | $5K | — | Filing → |
| VELA | SELL | 2012-08-31 | $708 | — | Filing → |
| VELA | SELL | 2012-07-20 | $5K | — | Filing → |