Isidoro Gutierrez, Chief Administrative Officer at VelaTel Global Communications, Inc. (VELA), sold 1,101,634 shares at $0.03 ($33K) on 2012-03-26, disclosed to the SEC on 2012-03-27.
Open-market sale of $33k 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 | $0.03 | 500,000 | $15K | 45.4% |
| 2 | $0.03 | 200,000 | $6K | 18.2% |
| 3 | $0.03 | 401,634 | $12K | 36.5% |
| Total | $0.03 avg | 1,101,634 | $33K | 100% |
| Filing → |
| VELA | SELL | 2012-09-10 | $5K | — | Filing → |
| VELA | SELL | 2012-08-31 | $708 | — | Filing → |
| VELA | SELL | 2012-07-20 | $5K | — | Filing → |