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

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

Summary

• On August 23, 2024, Milton C. Ault III purchased 1,300 shares of Ault Alliance common stock at a weighted average price of $0.2333 per share, bringing his direct holdings to 7,645 shares.
• On August 26, 2024, he further increased his holdings by purchasing 2,500 shares at a weighted average price of $0.2302 per share, resulting in direct ownership of 10,145 shares.
• Ault is also deemed to beneficially own 25,229 shares held by Ault & Company, Inc., where he serves as CEO.
• He also owns 110 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the limited information prevents a stronger assessment.

Positives

• The Executive Chairman's open market purchases 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. However, it's important to consider the overall context of the company's performance and industry trends.

Stakeholder Impact

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

Key Dates

Keywords

Ault Alliance, Milton C. Ault III, stock purchase, Form 4, beneficial ownership, insider trading