Form 4: Hyperscale Data Insider Boosts Stake with Stock Buys

Milton C. Ault III and Ault & Company, Inc. increased their beneficial ownership in Hyperscale Data, Inc. through multiple open market purchases of common and preferred stock.

Summary

• Milton C. Ault III, an Executive Chairman, Director, and 10% Owner of Hyperscale Data, Inc. (GPUS), along with Ault & Company, Inc., reported multiple open market purchases of the company's securities.
• Between December 23, 2025, and December 29, 2025, Mr. Ault directly acquired a total of 84,450 shares of Common Stock through four separate transactions.
• The purchase prices for the common stock ranged from a volume-weighted average price (VWAP) of $0.2027 to $0.2255 per share.
• On December 29, 2025, Ault & Company, Inc., of which Mr. Ault is the Chief Executive Officer, indirectly acquired 100,000 shares of Common Stock at $0.2029 per share.
• Mr. Ault also directly acquired 33 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock on December 29, 2025, at a price of $22.83 per share.
• Following these transactions, Mr. Ault directly beneficially owns 160,000 shares of Common Stock and 149 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.
• Ault & Company, Inc. indirectly beneficially owns 1,000,005 shares of Common Stock, which are also deemed beneficially owned by Mr. Ault.
• The total beneficial ownership of Common Stock by Mr. Ault (direct and indirect) after these transactions is 1,160,005 shares.

Sentiment

Score: 8

Explanation: The significant insider buying by a key executive and major shareholder indicates strong confidence in the company's valuation and future prospects, which is generally a positive signal for investors.

Positives

• Significant insider buying by a key executive and 10% owner, Milton C. Ault III, signals strong confidence in the company's future prospects.
• The purchases were made across multiple dates and at varying price points, indicating a sustained belief in the company's value.
• The acquisition of both common and preferred stock demonstrates a diversified investment by the insider.

Future Outlook

NA

Management Comments

• Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ('Ault & Co.') and is deemed to beneficially own the shares held by Ault & Co.
• Mr. Ault, Chief Executive Officer of Ault & Co., is a director of the Issuer. For purposes of Section 16 of the Exchange Act, Ault & Co. may be deemed a director by deputization by virtue of its representation on the Board of Directors of the Issuer.

Industry Context

NA

Related Party Transactions

• Milton C. Ault III, as CEO of Ault & Company, Inc., is deemed to beneficially own shares held by Ault & Company, Inc., establishing a related party transaction for the indirect acquisition of 100,000 common shares.

Stakeholder Impact

• Shareholders may view the insider buying as a positive signal, potentially increasing investor confidence and demand for the stock.
• The increased stake by a key executive and major shareholder could align management and shareholder interests more closely.

Key Dates

Recommendation

The insider buying by a key executive and significant shareholder is a positive indicator, suggesting confidence in the company's future. However, a Form 4 filing primarily reports transactions and does not provide comprehensive financial or operational data to warrant a 'buy' recommendation. Investors should consider this insider activity as a favorable data point but combine it with a thorough fundamental analysis of Hyperscale Data, Inc.'s financial performance, strategic outlook, and market conditions before making an investment decision. The consistent buying at varying price points suggests a belief in long-term value, supporting a 'hold' stance for existing investors and a 'watch' for potential new investors.

Keywords

Hyperscale Data Inc, GPUS, Milton C Ault III, Ault & Company Inc, Insider Buying, Form 4, Beneficial Ownership, Common Stock, Preferred Stock, Executive Chairman, Director, 10% Owner