Kenneth L. Waggoner, EVP Legal, Genl Counsel & Secretary at VelaTel Global Communications, Inc. (VELA), sold 24,000 shares at $0.07 ($1K) on 2012-08-31, disclosed to the SEC on 2012-09-18.
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 | $0.07 | 4,000 | $280 | 22.8% |
| 2 | $0.04 | 5,000 | $200 | 16.3% |
| 3 | $0.05 | 15,000 | $750 | 61.0% |
| Total | $0.05 avg | 24,000 | $1K | 100% |
| Filing → |
| VELA | SELL | 2012-10-25 | $4K | — | Filing → |
| VELA | SELL | 2012-10-11 | $1K | — | Filing → |
| VELA | SELL | 2012-10-05 | $2K | — | Filing → |