CHANG DENNIS 4/A
Research Summary
AI-generated summary
Voip-pal (VPLM) Director Dennis Chang Sells Shares
What Happened
Dennis Chang, a director of Voip-pal.com Inc. (VPLM), reported four dispositions (sales) totaling 400,000 shares between June 22–24, 2026. The shares were sold at $0.01 per share in multiple open-market or private-sale transactions, generating total proceeds of approximately $4,065. The Form 4 was amended (refiled) to correct issuer information in Box 2.
Key Details
- Transaction type: Sales (code S).
- Dates/prices/amounts:
- 2026-06-22: 189,999 shares @ $0.01 — $1,919
- 2026-06-22: 10,001 shares @ $0.01 — $106
- 2026-06-23: 129,999 shares @ $0.01 — $1,326
- 2026-06-24: 70,001 shares @ $0.01 — $714
- Total: 400,000 shares sold for ~$4,065.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes on the filing: F1 = TOTAL OPTIONS, F2 = TOTAL WARRANTS (indicates related option/warrant totals are noted on the form).
- Filing/Timing: The original report covers trades starting 6/22/2026; the Form 4 was filed (and amended) on 6/29/2026 — the filing occurred several days after the first reported transactions.
Context
- These were outright sales (dispositions), which are generally routine and do not necessarily indicate management views on the company’s prospects.
- The per-share price was very low ($0.01), so the dollar value of the sales is small.
- The amended filing corrected issuer information; investors should review the full Form 4 for any additional ownership or derivative detail (options/warrants) disclosed.