Isidoro Gutierrez, Chief Administrative Officer at VelaTel Global Communications, Inc. (VELA), sold 426,096 shares at $0.10 ($34K) on 2012-08-27, disclosed to the SEC on 2012-08-31.
Open-market sale of $34k 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 | $0.42 | 20 | $8 | 0.0% |
| 2 | $0.10 | 6,100 | $610 | 1.8% |
| 3 | $0.09 | 1,000 | $90 | 0.3% |
| 4 | $0.08 | 418,976 | $34K | 97.9% |
| Total | $0.08 avg | 426,096 | $34K | 100% |
| Filing → |
| VELA | SELL | 2012-09-10 | $5K | — | Filing → |
| VELA | SELL | 2012-07-20 | $5K | — | Filing → |
| VELA | SELL | 2012-07-16 | $5K | — | Filing → |