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 in open market transactions on August 19 and 20, 2024.

Summary

• Milton C. Ault III, the Executive Chairman of Ault Alliance, Inc., filed a Form 4 with the SEC.
• The form reports purchases of Ault Alliance common stock by Ault on August 19 and August 20, 2024.
• On August 19, Ault purchased 500 shares at a price of $0.2338 per share.
• On August 20, Ault purchased 800 shares at a volume weighted average price of $0.2451, with prices ranging from $0.2334 to $0.2490.
• Following these transactions, Ault directly owns 3,545 shares of common stock.
• Ault is also deemed to beneficially own 25,229 shares held by Ault & Company, Inc., where he serves as CEO.
• Additionally, Ault directly owns 110 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a simple report of stock purchases. It doesn't inherently indicate positive or negative sentiment, but rather factual transactions.

Positives

• The Executive Chairman's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the actions of company executives.

Key Dates

Keywords

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