AULT MILTON C III 4
Research Summary
AI-generated summary
Universal Safety (UUU) 10% Owner Milton Ault Buys 155,000 Shares
What Happened Milton C. Ault III, reported as a 10% owner of Universal Safety Products, Inc. (UUU), acquired 155,000 shares on April 30, 2026. The filing shows a purchase (transaction code P) at $5.75 per share for a total cash outlay of $891,250. This was a direct purchase (open market/private purchase as reported) — a buy transaction, which some investors view as a more bullish signal than a sale.
Key Details
- Transaction date and price: 2026-04-30 — 155,000 shares @ $5.75/share.
- Total value: $891,250.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: Report filed 2026-05-04; this appears to be timely (within the Form 4 two-business-day reporting window).
- Footnotes of note:
- F1: Ault Lending, LLC is a subsidiary of Hyperscale Data, Inc. Milton Ault is deemed to have voting/investment power over securities held by Ault Lending.
- F2: Securities also beneficially owned by Alpha Structured Finance LP; Mr. Ault is manager of related entities and may be deemed to beneficially own those securities.
- F3: Securities beneficially owned by Ault & Company, Inc.; Mr. Ault is CEO and Chairman and may be deemed to beneficially own those securities.
- Transaction code: P = Purchase.
Context This filing reflects a direct purchase by a 10% owner rather than an executive compensation event or option exercise. Purchases by large/controlling owners can reflect institutional-level positioning; the filing’s footnotes indicate Mr. Ault has potential beneficial ownership through multiple affiliated entities. The filing contains factual transaction details only and does not state the purchaser’s motivation.