Kenneth L. Waggoner, EVP Legal, Genl Counsel & Secretary at VelaTel Global Communications, Inc. (VELA), sold 60,000 shares at $0.03 ($2K) on 2012-10-04, disclosed to the SEC on 2012-10-05.
Open-market sale of $2k 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 | $0.03 | 10,000 | $300 | 16.7% |
| 2 | $0.03 | 4,000 | $120 | 6.7% |
| 3 | $0.03 | 10,000 | $300 | 16.7% |
| 4 | $0.03 | 20,000 | $600 | 33.3% |
| 5 | $0.03 | 16,000 | $480 | 26.7% |
| Total | $0.03 avg | 60,000 |
| $2K |
| 100% |
| Filing → |
| VELA | SELL | 2012-10-25 | $4K | — | Filing → |
| VELA | SELL | 2012-10-11 | $1K | — | Filing → |
| VELA | SELL | 2012-10-03 | $300 | — | Filing → |