Voip-pal.com (VPLM) CFO sells 750K shares, retains 40M-share warrants
Rhea-AI Filing Summary
Voip-pal.com Inc CFO Jin Kuang reported open-market sales of a total of 750,000 shares of common stock over three days in mid-June 2026. The shares were sold in three 250,000-share blocks at prices around $0.0101–$0.0102 per share.
After these transactions, Kuang directly holds 2,857,606 common shares. In addition, Kuang holds multiple warrants with an exercise price of $0.0050 per share covering a combined 40,000,000 underlying common shares, with expiration dates ranging from 2029 to 2036.
Positive
- None.
Negative
- None.
Insights
CFO sold 750K shares but retains a large warrant position.
The CFO of Voip-pal.com Inc, Jin Kuang, executed three open-market sales totaling 750,000 common shares at roughly $0.01 per share in mid-June 2026. These are classic S-code transactions, which are active sales rather than automatic tax withholdings or grants.
Following the sales, Kuang still directly holds 2,857,606 common shares and warrants exercisable at $0.0050 per share for 40,000,000 underlying shares, with expirations from 2029 through 2036. This indicates that, despite recent net selling, a substantial equity-linked position remains in place.
The filing does not reference a Rule 10b5-1 trading plan, so timing context is not provided. The overall significance of these trades depends on the company’s total shares outstanding, which is not detailed in this data set.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON | 250,000 | $0.0102 | $3K |
| Sale | COMMON | 250,000 | $0.0101 | $3K |
| Sale | COMMON | 250,000 | $0.0101 | $3K |
| holding | WARRANT | -- | -- | -- |
| holding | WARRANT | -- | -- | -- |
| holding | WARRANT | -- | -- | -- |
| holding | WARRANT | -- | -- | -- |
| holding | WARRANT | -- | -- | -- |
| holding | COMMON | -- | -- | -- |
Footnotes (1)
- [object Object]