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

Milton C. Ault III, Executive Chairman of Ault Alliance, reports open market purchases of common stock, increasing his direct and indirect holdings.

Summary

• On August 27, 2024, Milton C. Ault III purchased 1,500 shares of Ault Alliance common stock at a weighted average price of $0.2296 per share, with prices ranging from $0.228 to $0.2304.
• On August 28, 2024, Ault indirectly purchased 45,000 shares at a weighted average price of $0.2301 per share, with prices ranging from $0.2122 to $0.2362 through Ault & Company, Inc.
• On August 29, 2024, Ault indirectly purchased 10,000 shares at a price of $0.2083 through Ault & Company, Inc.
• Following these transactions, Ault directly owns 11,545 shares and indirectly owns 80,229 shares through Ault & Company, Inc.
• Ault also directly owns 110 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to insider buying, which often signals confidence in the company's prospects. However, the scale of the purchases is relatively small.

Positives

• The Executive Chairman's open market purchases may signal confidence in the company's future prospects.

Industry Context

Insider buying is often viewed 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, stock purchase, beneficial ownership, Form 4, AULT, Ault & Company, Inc.