Form 4: Ault Alliance Executive Chairman Milton C. Ault III Acquires Additional Shares

Milton C. Ault III, Executive Chairman of Ault Alliance, Inc., reports purchasing additional shares of common stock in open market transactions.

Summary

• On August 21, 2024, Milton C. Ault III purchased 2,300 shares of Ault Alliance, Inc. common stock at a weighted average price of $0.2345 per share.
• The price range for these shares was between $0.2273 and $0.2409.
• On August 22, 2024, Ault purchased an additional 500 shares at $0.2321.
• Following these transactions, Ault directly owns 6,345 shares and indirectly owns 25,229 shares through Ault & Company, Inc., where he serves as CEO.
• He also owns 110 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment. The document simply reports stock purchases by an insider, which could be interpreted as positive but doesn't provide enough information to strongly indicate a bullish outlook.

Positives

• The Executive Chairman's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders buy or sell shares of their company's stock. They provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal, potentially increasing investor confidence.

Key Dates

Keywords

Ault Alliance, Milton C. Ault III, share purchase, Form 4, beneficial ownership, common stock, AULT