[Form 4] Voip-pal.com Inc Insider Trading Activity

Rhea-AI Filing Summary

Voip‑pal.com Inc. (VPLM) insider Jin Kuang, identified as a director and the company CFO, reported a sale of 400,000 common shares on 09/22/2025 at a price of $0.019 per share, leaving 3,607,606 common shares beneficially owned after the transaction. The Form 4 also discloses multiple outstanding warrants and exercisable securities that convert into common stock: 5,000,000 warrants exercisable from 04/25/2024 (expiring 04/25/2034), 10,000,000 from 08/18/2024 (expiring 08/18/2034), 10,000,000 from 09/12/2024 (expiring 09/12/2029), and a 10,000,000 instrument exercisable from 07/16/2025 (expiring 07/16/2035), bringing the reported total underlying common from these instruments to 35,000,000 shares. The filing is signed by Jin Kuang on 09/29/2025.

Positive

• Timely Section 16 disclosure filed and manually signed, showing compliance with insider reporting requirements
• Clear identification of reporting person’s roles (Director and CFO) and post-transaction ownership level

Negative

• Reported sale of 400,000 common shares reduces insider’s direct holdings to 3,607,606 shares
• Significant outstanding warrants totaling 35,000,000 underlying common shares at $0.005 exercise price, indicating potential dilution

Insights

Securities Analyst

TL;DR: Insider sale reduces direct holdings modestly; warrants indicate significant potential dilution if exercised.

The reported sale of 400,000 shares at $0.019 reduces the reporting person’s direct common holdings to 3,607,606 shares. That transaction is clearly disclosed and compliant with Section 16 reporting. Separately, the filing lists multiple warrant tranches totaling 35,000,000 underlying common shares with exercise prices at $0.005 and varying exercise/expiry dates through 2035. From a capital structure perspective, the outstanding warrants represent potential dilution that investors may want to quantify relative to current share count; however, the Form 4 does not provide total outstanding common shares or pro forma dilution percentages.

Corporate Governance Expert

TL;DR: Filing shows timely insider disclosure and role clarity; the insider’s sale is documented but context for sale is not provided in the form.

The Form 4 identifies Jin Kuang as both a director and the CFO and records the security disposition and post-transaction ownership, fulfilling disclosure obligations. The document does not state reasons for the sale or whether it follows a prearranged trading plan. The presence of multiple long‑dated warrants could influence governance discussions around shareholder dilution and board communication on capital strategy.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KUANG JIN

(Last) (First) (Middle)

717 GROVER AVENUE

(Street)

COQUITLAM A1 V3J3C7

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Voip-pal.com Inc [ VPLM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON	09/22/2025		S		400,000	D	$0.019	3,607,606	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
WARRANTS	$0.005							04/25/2024	04/25/2034	COMMON	5,000,000		5,000,000	D
WARRANTS	$0.005							08/18/2024	08/18/2034	COMMON	10,000,000		15,000,000	D
WARRANTS	$0.005							09/12/2024	09/12/2029	COMMON	10,000,000		25,000,000	D
COMMON	$0.005							07/16/2025	07/16/2035	COMMON	10,000,000		35,000,000(1)	D

Explanation of Responses:

1. TOTAL WARRANTS AS OF REPORT

	JIN KUANG	09/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Voip‑pal insider Jin Kuang report on Form 4 (VPLM)?

The Form 4 reports a sale of 400,000 common shares on 09/22/2025 at $0.019 per share and shows 3,607,606 shares beneficially owned after the sale.

What roles does the reporting person hold at Voip‑pal (VPLM)?

The filing identifies the reporting person, Jin Kuang, as a Director and the company's CFO.

Are there warrants or derivative securities disclosed in the Form 4 for VPLM?

Yes. The Form 4 lists multiple warrants convertible into common stock totaling 35,000,000 underlying common shares with exercise prices at $0.005 and expirations between 2029 and 2035.

When was the Form 4 signed by the reporting person?

The Form 4 is signed by Jin Kuang on 09/29/2025.

What price did the insider receive for the sold shares?

The insider sold shares at a price of $0.019 per share on 09/22/2025.