Form 4: Ault Alliance Executive Chairman Milton C. Ault III Increases Stake in Company

Milton C. Ault III, Executive Chairman of Ault Alliance, recently increased his holdings in the company through open market purchases of common stock and preferred stock.

Summary

• On September 10, 2024, Milton C. Ault III purchased 12,500 shares of Ault Alliance common stock at a weighted average price of $0.2194 per share.
• The purchase prices on September 10 ranged from $0.219 to $0.22 per share.
• On September 11, 2024, Ault acquired an additional 10,000 shares of common stock at $0.2055 per share.
• Also on September 11, 2024, Ault purchased 6 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock at $13.69 per share.
• Following these transactions, Ault directly owns 11,645 shares of common stock and indirectly owns 117,729 shares through Ault & Company, Inc., where he serves as CEO.

Sentiment

Score: 7

Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's prospects. However, the amounts are relatively small.

Positives

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

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.

Stakeholder Impact

• Shareholders may view the insider buying as a positive signal.

Key Dates

Keywords

Ault Alliance, Milton C. Ault III, insider trading, beneficial ownership, common stock, preferred stock, AULT