Form 4: Ault Alliance Executive Chairman Milton C. Ault III Acquires 10,000 Shares

Sentiment:

SEC Form 4 Filing


Milton C. Ault III, Executive Chairman of Ault Alliance, Inc., reports the acquisition of 10,000 shares of common stock at $0.279 per share.

Summary

  • On June 17, 2024, Milton C. Ault III, the Executive Chairman of Ault Alliance, Inc., acquired 10,000 shares of common stock at a price of $0.279 per share.
  • Following the transaction, Ault directly owns 2,245 shares of common stock and 110 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.
  • Ault is also deemed to indirectly beneficially own 25,229 shares of common stock through Ault & Company, Inc., where he serves as CEO.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition. The purchase itself could be seen as slightly positive, but without further context, it's difficult to gauge the overall impact.

Positives

  • The purchase of shares by the Executive Chairman could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
06/17/2024Date of transaction: Purchase of 10,000 shares of common stock.
06/20/2024Date of signature on the Form 4 filing.

Keywords

Ault Alliance, Milton C. Ault III, Form 4, Beneficial Ownership, Stock Acquisition, AULT

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