KUANG JIN 4

What Happened
Kuang Jin, the Chief Financial Officer of Voip-pal.com Inc. (VPLM), reported three disposals (sales) of 250,000 each on June 16, 17 and 18, 2026 — a total of 750,000 units. The reported prices were $0.01 per unit (proceeds shown as $2,525, $2,525 and $2,550 respectively), for aggregate proceeds of roughly $7,600. The filing’s footnote (F1) identifies these instruments as warrants (derivative securities). Sales (S) are disposals and are often routine; they do not necessarily signal a change in view on the company.

Key Details

• Transaction dates and amounts:
  • 2026-06-16: Sold 250,000 @ $0.01 — proceeds reported $2,525
  • 2026-06-17: Sold 250,000 @ $0.01 — proceeds reported $2,525
  • 2026-06-18: Sold 250,000 @ $0.01 — proceeds reported $2,550
• Total disposed: 750,000 warrants (per footnote) for ~ $7,600 total proceeds.
• Shares/warrants owned after the transactions: Not specified in the provided summary of the filing.
• Footnote: F1 = "TOTAL WARRANTS" — filing indicates these were warrants (derivative securities), not necessarily common stock.
• Transaction code: S = Sale (open market or private sale as reported).
• Filing: Accession dated 2026-06-22 reporting transactions with period ending 2026-06-16.

Context

• These were sales of derivative securities (warrants). Derivative disposals can reflect liquidity needs or portfolio management rather than a view on the company’s fundamentals.
• The dollar amounts involved are small (roughly $7.6k total), so the economic impact is limited.
• Retail investors should note the instrument type (warrants) and small size; purchases generally carry more weight as insider signals than routine small sales.