AULT MILTON C III 4
Research Summary
AI-generated summary
UNIVERSAL SAFETY (UUU) 10% Owner Milton C. Ault III Buys Stock
What Happened
- Milton C. Ault III (reported as a 10% owner) purchased a total of 12,608 shares of Universal Safety Products, Inc. (UUU) in multiple open-market transactions on March 30 and March 31, 2026, for aggregate proceeds of about $72,809. Individual trades reported: 2,008 shares @ $5.54 ($11,131), 500 shares @ $5.39 ($2,695), 5,000 shares @ $5.84 ($29,203), 5,000 shares @ $5.85 ($29,226), and 100 shares @ $5.54 ($554). These were purchases (code P) — buying is typically interpreted as a stronger signal for attention than routine sales, though motives are not disclosed.
Key Details
- Dates and prices: Mar 30 (VWAPs and ranges noted in footnotes) and Mar 31 (VWAP $5.8406; range $5.75–$5.90). Footnotes provide per-day volume-weighted average prices and price ranges: Mar 30 VWAPs reported of $5.5433 (range $5.4888–$5.54535) and $5.3896 (range $5.35–$5.4381); Mar 31 VWAP $5.8406 (range $5.75–$5.90).
- Total purchased: 12,608 shares for ~$72,809.
- Shares owned after transaction: Not provided in the excerpt of the filing shared here.
- Notable reporting relationships from footnotes: Ault Lending, LLC is a wholly owned subsidiary of Hyperscale Data, Inc. and Mr. Ault is deemed to have voting/investment power for those shares; Mr. Ault may also be deemed to beneficially own securities held by Alpha Structured Finance LP and Ault & Company, Inc. due to his managerial roles (see F2, F5, F6).
- Filing timeliness: Form 4 filed April 1, 2026 for trades on Mar 30–31, 2026 — appears to be timely (Form 4 is generally due within two business days).
Context
- These were straight open-market purchases (no options exercised, no gifts, no awards), which many retail investors view as a positive signal because an insider/large holder is adding to their position. However, purchases by a 10% owner can reflect institutional-level portfolio moves and should be considered alongside other company and market information. The filing includes standard footnote offers to provide detailed per-price purchase counts to the SEC, issuer, or security holders upon request.