Form 4: Executive Chairman Boosts Hyperscale Data Stake

Hyperscale Data's Executive Chairman, Milton C. Ault III, increased his direct ownership of common stock through two open market purchases.

Summary

• Milton C. Ault III, Executive Chairman and 10% owner of Hyperscale Data, Inc. (GPUS), reported two direct purchases of common stock.
• On December 10, 2025, 5,000 shares of common stock were acquired at a price of $0.2923 per share.
• On December 11, 2025, an additional 5,000 shares of common stock were acquired at a price of $0.2883 per share.
• Following these transactions, Milton C. Ault III directly owns 35,550 shares of common stock and 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.
• Ault & Company, Inc., where Milton C. Ault III serves as Chief Executive Officer, indirectly beneficially owns 474,905 shares of common stock.

Sentiment

Score: 8

Explanation: The Executive Chairman and a significant owner increasing their stake in the company through open market purchases indicates strong confidence in the company's current valuation and future prospects.

Positives

• Executive Chairman Milton C. Ault III increased his direct ownership of Hyperscale Data, Inc. common stock by 10,000 shares through open market purchases.
• The purchases, totaling 5,000 shares at $0.2923 and 5,000 shares at $0.2883, demonstrate management's confidence in the company's valuation and future prospects.
• Milton C. Ault III's total beneficial ownership, including direct and indirect holdings through Ault & Company, Inc., signifies a substantial stake in the company.

Future Outlook

NA

Industry Context

This filing reports an insider transaction, which is specific to the company and its executives, rather than reflecting broader industry trends or competitive dynamics.

Related Party Transactions

• Milton C. Ault III is deemed to beneficially own shares held by Ault & Company, Inc., where he serves as Chief Executive Officer.
• Ault & Company, Inc. is a 10% owner and may be deemed a director by deputization due to its representation on the Board of Directors of Hyperscale Data, Inc.

Stakeholder Impact

• Shareholders may view the insider purchases as a positive signal, potentially increasing confidence in the company's future performance and stock value.
• The increased stake by a key executive and 10% owner aligns management's interests more closely with those of other shareholders.

Key Dates

Recommendation

The Executive Chairman and a 10% owner making open market purchases of common stock signals strong insider confidence in the company's future prospects and current valuation. This action suggests that management believes the stock is undervalued or poised for growth, which is typically a bullish indicator for investors.

Keywords

Hyperscale Data, GPUS, Milton C. Ault III, insider trading, stock purchase, Form 4, beneficial ownership, executive chairman