SAYLOR HOWARD CLIFTON 4
Research Summary
AI-generated summary
Voip‑pal.com (VPLM) Director Saylor Howard Clifton Buys 1.61M Shares
What Happened Saylor Howard Clifton, a director of Voip‑pal.com Inc. (VPLM), purchased a total of 1,612,437 shares on 2026-06-17 in five open‑market/private transactions at $0.01 per share. The individual lots reported were 56,749 (reported value $573), 145,000 ($1,537), 435,000 ($4,742), 825,688 ($9,000), and 150,000 ($1,635), totaling approximately $17,487. The Form 4 was filed on 2026-06-23 reporting these acquisitions.
Key Details
- Transaction date: 2026-06-17; Transaction code: P (purchase); reported per‑share price: $0.01.
- Lots: 56,749; 145,000; 435,000; 825,688; 150,000 — total 1,612,437 shares (~$17.5K).
- Shares held after transaction (direct/indirect): 116,985,364.
- Footnotes: F1 = total options, F2 = total warrants (noting the filing lists these footnotes).
- Filing timeliness: Reported on 2026-06-23 for a 2026-06-17 transaction (filed within the normal Form 4 reporting window).
Context These were outright purchases (P), which are generally viewed as a more informative action than sales because they increase insider ownership. However, the aggregate cash amount is relatively small (~$17.5K) compared with the director’s post‑transaction stake of ~116.99M shares, so while notable, the dollar size is modest. The filing does not indicate option exercises, awards, or tax withholding related to these transactions.