Earnings Feed
Start Free
UNIVERSAL SAFETY PRODUCTS, INC.·4

Mar 17, 4:30 PM ET

AULT MILTON C III 4

Research Summary

AI-generated summary

Updated

Universal Safety (UUU) 10% Owner Milton Ault Buys 20,000 Shares

What Happened Milton C. Ault III, identified as a 10% owner, made two purchases of Universal Safety Products, Inc. (UUU) common stock. On 2026-03-13 he acquired 10,000 shares at $6.08 for $60,849, and on 2026-03-16 he acquired 10,000 shares at $5.78 for $57,819 — a total of 20,000 shares for $118,668. These were purchases (transaction code P), which are generally viewed as more informative about insider sentiment than routine sales.

Key Details

  • Transaction dates and prices: 2026-03-13 — 10,000 shares @ $6.08 ($60,849); 2026-03-16 — 10,000 shares @ $5.78 ($57,819).
  • Total purchased: 20,000 shares; total value reported: $118,668 (approx. average price ~$5.93/share).
  • Transaction type: P = purchase (open market or private purchase).
  • Shares owned after the transactions: not specified in the excerpt provided; see the full Form 4 for exact post-transaction holdings.
  • Filing timeliness: Form filed 2026-03-17; filings cover trades on 3/13 and 3/16 and appear to be filed within the two-business-day window (not late).
  • Footnotes of note:
    • F1: Ault Lending, LLC is a wholly owned subsidiary of Hyperscale Data, Inc.; Mr. Ault is deemed to have voting/investment power over securities held by Ault Lending.
    • F2: Securities held by Alpha Structured Finance LP may be deemed beneficially owned because Mr. Ault is manager of related entities.
    • F3: Securities held by Ault & Company, Inc. may be deemed beneficially owned because Mr. Ault is CEO and Chairman.

Context

  • These were straightforward purchases (no options exercised, no awards, no gifts). Code P indicates open-market or private purchases rather than derivative activity.
  • Mr. Ault is a 10% owner and holds control/manager roles in related entities named in the footnotes; reported beneficial ownership may include positions held through those entities.
  • Purchases by significant owners can be informative to retail investors, but they are not proof of future performance; consult the full filing for complete holdings and additional details.