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UNIVERSAL SAFETY PRODUCTS, INC.·4

Feb 24, 4:30 PM ET

AULT MILTON C III 4

Research Summary

AI-generated summary

Updated

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.