Form 4: Ault Alliance Executive Chairman Milton C. Ault III Reports Stock Purchases

Milton C. Ault III, Executive Chairman of Ault Alliance, Inc., reports purchasing common stock on September 6 and September 9, 2024.

Summary

• Milton C. Ault III, the Executive Chairman of Ault Alliance, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On September 6, 2024, Ault purchased 100 shares of common stock at $0.22 per share, bringing his direct holdings to 11,645 shares.
• On September 9, 2024, Ault, through Ault & Company, Inc., acquired 5,000 shares of common stock at $0.2124 per share, increasing indirect holdings to 95,229 shares.
• Ault also directly 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 can be seen as a positive sign, but the amounts are relatively small.

Positives

• The Executive Chairman's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's future prospects.

Stakeholder Impact

• The stock purchases by the Executive Chairman may influence investor sentiment.

Key Dates

Keywords

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