Baggio Barbara 4

What Happened

• Barbara Baggio, identified as the wife of Voip‑pal.com Inc’s CEO, was the recipient of a gift (transaction code G) of 200,000,000 shares reported as a derivative transaction. The filing lists a per‑share price of $0.01 and a total reported value of $1,000,000.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-09 (filed late relative to the usual 2-business‑day Form 4 rule).
• Price reported: $0.01 per share; total reported value on the form: $1,000,000.
• Shares owned after the transaction: not specified in the filing.
• Transaction type: Gift (G); reported as a derivative transfer on the Form 4.
• Timeliness: The Form 4 was filed 11 days after the transaction date, which is later than the standard reporting window.

Context

• Gifts do not necessarily reflect the recipient’s view of the company’s prospects; they are transfers of ownership and are informational rather than an explicit buy/sell signal.
• The filing classifies the transfer as a derivative; this indicates the transaction involved derivative securities or shares tied to derivative instruments rather than a simple open‑market transfer. The Form 4 provides the reported price and value but limited detail on the underlying instrument.
• Because the insider is a family member of the CEO, this is considered a related‑person transaction and can reflect estate planning or other personal arrangements rather than trading for investment purposes.