[Form 4] Voip-pal.com Inc Insider Trading Activity
Insider sale recorded: Barbara Baggio, listed as an officer and "wife of CEO," reported a sale of 400,000 common shares of Voip-pal.com Inc. (VPLM) on 09/22/2025 at $0.019 per share, reducing her beneficial ownership to 76,986,736 shares. The Form 4 is signed 09/29/2025. No derivative transactions or additional details are disclosed.
- None.
- Insider disposition: Reported sale of 400,000 shares at $0.019 decreases reported beneficial ownership to 76,986,736 shares.
- Related-party disclosure: Reporting person is identified as an officer and "wife of CEO," which is material context for governance review.
Insights
TL;DR: Insider disposition of 400,000 shares at $0.019 is a routine disclosure with limited standalone valuation impact.
This Form 4 documents a non-derivative sale by an insider who is an officer and related to the CEO, reducing beneficial holdings to 76,986,736 shares. The disclosed price and size are explicit; there is no accompanying explanation of purpose, proceeds use, or other transactions. On its face, this is a transparency event rather than a corporate action affecting operations or financials.
TL;DR: Related-party insider sale required disclosure; governance implications depend on context not provided in the filing.
The report properly identifies the reporting person as an officer and spouse of the CEO and records the sale details. While disclosure fulfills Section 16 requirements, the filing lacks contextual information such as whether the sale was pre-arranged, part of a trading plan, or for personal reasons. Without that context, governance review is limited to noting the related-party status and the reported reduction in holdings.