AULT MILTON C III 4
4 · UNIVERSAL SAFETY PRODUCTS, INC. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Universal Safety (UUU) 10% Owner Milton C. Ault III Buys 14,306 Shares
What Happened
Milton C. Ault III, identified as a 10% owner, made two open-market purchases (transaction code P) of Universal Safety Products, Inc. (UUU) common stock. On 2026-02-20 he acquired 6,025 shares at $4.66 per share ($28,070), and on 2026-02-23 he acquired 8,281 shares at $4.85 per share ($40,198). Combined, he bought 14,306 shares for approximately $68,268. Purchases like these are direct buys (potentially perceived as a bullish signal) rather than sales or option exercises.
Key Details
- Transaction dates and amounts:
- 2026-02-20: 6,025 shares at $4.66 — $28,070.
- 2026-02-23: 8,281 shares at $4.85 — $40,198.
- Total: 14,306 shares for ~$68,268.
- Footnote on price reporting (F2): VWAP for the Feb 23 purchases was $4.8543; reported price range that day was $4.8539–$4.87. The reporting person will provide, upon request, the number of shares bought at each specific price.
- Beneficial ownership notes:
- F1: Ault Lending, LLC (a subsidiary of Hyperscale Data, Inc.) — Mr. Ault is deemed to have voting/investment power over securities held by Ault Lending.
- F3: Securities held by Alpha Structured Finance LP may be attributable to Mr. Ault due to his manager/managerial roles.
- F4: Securities held by Ault & Company, Inc. may be attributable to Mr. Ault due to his CEO/Chair roles.
- Shares owned after the transactions: not specified in the information provided in this summary (check the full Form 4 for post-transaction beneficial ownership totals).
- Filing timeliness: Form filed 2026-02-24; reporting covers trades on 2026-02-20 and 2026-02-23. The filing date is within the SEC’s two-business-day reporting window (timely).
Context
These were straightforward open-market purchases (no option exercises, awards, or gifts reported). As a 10% owner with ties to several entities (per footnotes), some holdings may be held through related entities; that can affect how total beneficial ownership is counted but does not change that these specific transactions were purchases on the open market. Purchases by insiders or large holders can be of interest to retail investors, but they are factual data points rather than proof of future company performance.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-02-20$4.66/sh+6,025$28,070→ 468,482 total(indirect: By LLC) - Purchase
Common Stock
[F2][F1]2026-02-23$4.85/sh+8,281$40,198→ 476,763 total(indirect: By LLC)
- 200
Common Stock
- 10,000(indirect: By Alpha Structured Finance LP)
Common Stock
[F3] - 6,000(indirect: By Ault & Company, Inc.)
Common Stock
[F4]
Footnotes (4)
- [F1]Ault Lending, LLC ("Ault Lending"), is a wholly owned subsidiary of Hyperscale Data, Inc. ("HSD"). Milton C. Ault, III, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
- [F2]The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $4.8543. The range of purchase prices on the transaction date was $0.4.8539 to $4.87 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F3]Securities beneficially owned by Alpha Structured Finance LP ("Alpha Fund"). Mr. Ault is the Manager of Alpha Structured Finance GP LLC ("Alpha GP") and ACG Alpha Management LLC ("Alpha Management"). Alpha GP and Alpha Management are the general partner and investment manager to Alpha Fund, respectively. As a result of these relationships, Mr. Ault may be deemed to beneficially own the securities beneficially owned by Alpha Fund.
- [F4]Securities beneficially owned by Ault & Company, Inc. ("Ault & Co."). Mr. Ault is the Chief Executive Officer and Chairman of Ault & Co. As a result of this relationship, Mr. Ault may be deemed to beneficially own the securities beneficially owned by Ault & Co.