Kenneth Hobbs, VP of Mergers & Acquisitions at VelaTel Global Communications, Inc. (VELA), sold 26,016 shares at $0.04 ($1K) on 2012-09-24, disclosed to the SEC on 2012-11-29.
Open-market sale of $1k VELA by VP of Mergers & Acquisitions. 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 | $0.04 | 25,000 | $1K | 97.7% |
| 2 | $0.03 | 295 | $9 | 0.9% |
| 3 | $0.02 | 721 | $14 | 1.4% |
| Total | $0.04 avg | 26,016 | $1K | 100% |
| Filing → |
| VELA | SELL | 2012-08-16 | $978 | — | Filing → |
| VELA | SELL | 2012-08-09 | $5K | — | Filing → |
| VELA | SELL | 2012-07-17 | $5K | — | Filing → |