AULT MILTON C III 4
Research Summary
AI-generated summary
Universal Safety (UUU) 10% Owner Milton C. Ault III Buys 60,500 Shares
What Happened
Milton C. Ault III, a reported 10% owner of Universal Safety Products, Inc. (UUU), made a series of open‑market purchases totaling 60,500 common shares between March 10–12, 2026, for an aggregate cost of approximately $330,650. The individual trades reported were: 40,000 shares at $5.32 ($212,992) and 5,000 shares at $5.30 ($26,505) on 2026-03-10; 200 shares at $5.58 ($1,116) and 100 shares at $5.61 ($561) on 2026-03-11; and 15,200 shares at $5.89 ($89,476) on 2026-03-12. These were purchases (buying stock), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction dates and reported prices:
- 2026-03-10: 40,000 @ $5.32 and 5,000 @ $5.30 (total 45,000; ~$239,497). Footnotes report VWAPs/ranges: ~$5.3248 (range $5.3095–$5.34) and ~$5.3009 (range $5.2924–$5.3025).
- 2026-03-11: 200 @ $5.58 and 100 @ $5.61 (total 300; ~$1,677). VWAP reported ~$5.58 (range $5.55–$5.61).
- 2026-03-12: 15,200 @ $5.89 (~$89,476). VWAP reported ~$5.8866 (range $5.6408–$5.8898).
- Aggregate: 60,500 shares purchased for ~ $330,650.
- Shares owned after transaction: Not reported in the provided filing information.
- Beneficial‑ownership/related entities (from footnotes): Ault Lending (a subsidiary of Hyperscale Data, Inc.), Alpha Structured Finance LP (via Ault-managed entities), and Ault & Company, Inc. hold securities that Mr. Ault may be deemed to beneficially own due to his roles (Executive Chairman/Manager/CEO positions described in footnotes).
- Filing timeliness: Report filed 2026-03-12 for transactions dated 2026-03-10 to 03-12; no late‑filing indication provided in the supplied data.
Context
- These were straightforward open‑market purchases (transaction code P). Footnotes state the reporting person can provide detailed per-price breakdowns on request (typical when purchases occur across multiple prices during a day).
- As a 10% owner with control/manager roles in related entities, some holdings may be attributable to affiliated funds or companies rather than only personal brokerage accounts; that can affect how to interpret total beneficial ownership.
- No options exercises, gifts, or tax‑withholding events were reported in this filing.