Isidoro Gutierrez, Chief Administrative Officer at VelaTel Global Communications, Inc. (VELA), sold 495,000 shares at $0.01 ($5K) on 2012-07-16, disclosed to the SEC on 2012-07-20.
Open-market sale of $5k 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 | $0.01 | 86,400 | $864 | 17.5% |
| 2 | $0.01 | 408,600 | $4K | 82.5% |
| Total | $0.01 avg | 495,000 | $5K | 100% |
| Filing → |
| VELA | SELL | 2012-09-10 | $5K | — | Filing → |
| VELA | SELL | 2012-08-31 | $708 | — | Filing → |
| VELA | SELL | 2012-07-16 | $5K | — | Filing → |