Form 4: Hyperscale Data Executive Chairman Milton C. Ault III Reports Stock Transactions
SEC Form 4
Milton C. Ault III, Executive Chairman of Hyperscale Data, Inc., reports the acquisition of 22,000 shares of common stock and disposal of 11,645 shares of common stock.
Summary
- On September 24, 2024, Milton C. Ault III, the Executive Chairman of Hyperscale Data, Inc. (GPUS), acquired 22,000 shares of common stock at a price of $0.2234 per share.
- The transaction increased his indirect beneficial ownership through Ault & Company, Inc.
- Ault also disposed of 11,645 shares of common stock.
- Following these transactions, Ault directly owns 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock and indirectly owns 154,729 shares of common stock through Ault & Company, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by an executive.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and large shareholders.
Stakeholder Impact
- The transactions may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of stock acquisition and disposal transactions. |
| 09/26/2024 | Date of signature on the Form 4 filing. |
Keywords
Hyperscale Data, GPUS, Milton C. Ault III, Executive Chairman, Stock Transaction, Beneficial Ownership, Form 4, SEC, Ault & Company
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