Carlos Trujillo, Chief Financial Officer at VelaTel Global Communications, Inc. (VELA), sold 2,000,000 shares at $0.01 ($20K) on 2012-07-11, disclosed to the SEC on 2012-07-13.
Open-market sale of $20k VELA by Chief Financial Officer. 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 | $0.01 | 450,000 | $5K | 22.5% |
| 2 | $0.01 | 500,000 | $5K | 25.0% |
| 3 | $0.01 | 550,000 | $6K | 27.5% |
| 4 | $0.01 | 500,000 | $5K | 25.0% |
| Total | $0.01 avg | 2,000,000 | $20K | 100% |
| Filing → |
| VELA | SELL | 2012-09-28 | $2K | — | Filing → |
| VELA | SELL | 2012-09-10 | $6K | — | Filing → |
| VELA | SELL | 2012-09-04 | $2K | — | Filing → |