Form 4: Hyperscale Data Inc. Executive Chairman Milton C. Ault III Acquires 10,000 Shares
SEC Form 4 Filing
Executive Chairman Milton C. Ault III reports the acquisition of 10,000 shares of Hyperscale Data, Inc. common stock at $0.2255 per share.
Summary
- On September 18, 2024, Milton C. Ault III, the Executive Chairman of Hyperscale Data, Inc., acquired 10,000 shares of common stock at a price of $0.2255 per share.
- Following this transaction, Ault directly owns 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.
- Ault indirectly owns 132,729 shares of common stock through Ault & Company, Inc., where he serves as CEO.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition. The purchase itself could be seen as slightly positive, but the document is primarily informational.
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.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Milton C. Ault III acquired 10,000 shares of common stock. |
| 09/20/2024 | Date of signature on the Form 4 filing. |
Keywords
Hyperscale Data Inc., GPUS, Milton C. Ault III, Executive Chairman, stock acquisition, Form 4, beneficial ownership, Ault & Company, Inc.
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