Richard S. Wade, President/CEO at VERTICAL COMPUTER SYSTEMS INC (VCSY), sold 500,000 shares at $0.08 ($39K) on 2008-10-22, disclosed to the SEC on 2008-11-04.
Open-market sale of $39k VCSY by President/CEO. 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 | $0.08 | 100,000 | $8K | 20.5% |
| 2 | $0.08 | 100,000 | $8K | 20.5% |
| 3 | $0.07 | 100,000 | $7K | 17.9% |
| 4 | $0.08 | 100,000 | $8K | 20.5% |
| 5 | $0.08 | 100,000 | $8K | 20.5% |
| Total | $0.08 avg | 500,000 |
| $39K |
| 100% |
| Filing → |
| VCSY | SELL | 2008-10-22 | $26K | — | Filing → |