Kenneth L. Waggoner, EVP Legal, Genl Counsel & Secretary at VelaTel Global Communications, Inc. (VELA), sold 99,100 shares at $0.03 ($4K) on 2012-10-22, disclosed to the SEC on 2012-10-25.
Open-market sale of $4k 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 | $0.03 | 12,600 | $378 | 9.2% |
| 2 | $0.03 | 20,000 | $600 | 14.6% |
| 3 | $0.04 | 20,000 | $800 | 19.5% |
| 4 | $0.05 | 10,000 | $500 | 12.2% |
| 5 | $0.05 | 16,500 | $825 | 20.1% |
| 6 | $0.05 | 20,000 |
| $1K |
| 24.4% |
| Total | $0.04 avg | 99,100 | $4K | 100% |
| Filing → |
| VELA | SELL | 2012-10-11 | $1K | — | Filing → |
| VELA | SELL | 2012-10-05 | $2K | — | Filing → |
| VELA | SELL | 2012-10-03 | $300 | — | Filing → |