Kevin Bryan Williams, serving as a director for Voip-pal.com Inc. (VPLM), has completed a transaction series resulting in the sale of 750,000 shares of the company's common stock. The aggregate value of these dispositions stands at $7,500. The sales were not executed as a single event but were distributed across three consecutive trading days, spanning from June 16 to June 18, 2026. Each share within this block was sold at a uniform price of $0.01.
This recent selling activity follows a period where the stock experienced a 54% return over the preceding year. Despite this appreciation, market data indicates that VPLM retains a high degree of volatility, characterized by a beta coefficient of 1.63. The company's current market capitalization is recorded at $38.6 million.
The timeline of the divestment is specific. On June 16, 2026, Mr. Williams disposed of an initial block of 250,000 common shares. He continued this pattern the following day, June 17, selling another 250,000 shares. The series concluded on June 18, 2026, with the disposal of a final 250,000 shares. Following these transactions, Mr. Williams's direct ownership of Voip-pal.com Inc. common stock stands at 5,421,885 shares.
Beyond his direct equity holdings, Mr. Williams maintains a significant portfolio of derivative securities. The filing details that he holds options for 10,000,000 common shares, categorized in the documentation as "TOTAL OPTIONS." These options carry an exercise price of $0.005 and are set to expire on January 12, 2029.
Furthermore, Mr. Williams holds warrants for a total of 130,000,000 common shares, identified in the filing as "TOTAL WARRANTS." All of these warrants are exercisable at $0.005. The expiration schedule for these warrants is staggered: 15,000,000 shares expire on May 30, 2027; 25,000,000 shares expire on April 25, 2034; 50,000,000 shares expire on August 18, 2034; and 40,000,000 shares expire on July 16, 2035.