Kenneth L. Waggoner, EVP Legal, Genl Counsel & Secretary at VelaTel Global Communications, Inc. (VELA), sold 47,400 shares at $0.03 ($1K) on 2012-10-11, disclosed to the SEC on 2012-10-11.
Open-market sale of $1k VELA by EVP Legal, Genl Counsel & Secretary. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.02 | 20,000 | $400 | 32.7% |
| 2 | $0.03 | 7,400 | $222 | 18.2% |
| 3 | $0.03 | 20,000 | $600 | 49.1% |
| Total | $0.03 avg | 47,400 | $1K | 100% |
| Filing → |
| VELA | SELL | 2012-10-25 | $4K | — | Filing → |
| VELA | SELL | 2012-10-05 | $2K | — | Filing → |
| VELA | SELL | 2012-10-03 | $300 | — | Filing → |