SMITH ROBERT O 4
4 · Hyperscale Data, Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Hyperscale Data (GPUS) Director Robert Smith Receives Option Award
What Happened Robert O. Smith, a director of Hyperscale Data, reported an award/derivative acquisition on a Form 4 covering May 6, 2026: 250,000 stock options (derivative) were recorded at $0.00. Per the filing, 50% of the options (125,000) vested and became exercisable on May 6, 2026 after stockholder and NYSE American approvals; the remaining 125,000 options vest in equal monthly installments over 24 months beginning June 1, 2026. The options were originally granted July 31, 2025 and were issued outside any issuer stock incentive plan. The Form 4 was filed May 8, 2026.
Key Details
- Transaction date: May 6, 2026 (vesting / became exercisable). Filing date: May 8, 2026.
- Reported acquisition amount/price: 250,000 options at $0.00 (derivative award; this reflects vesting/award reporting, not cash paid).
- Vested now: 125,000 options became exercisable on May 6, 2026; remaining 125,000 vest monthly over 24 months starting June 1, 2026.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: Grant dated July 31, 2025; stockholder approval on April 10, 2026 and NYSE American approval on May 6, 2026 triggered the 50% vesting; options issued outside any stock incentive plan.
- Timeliness: Filing appears timely (transaction May 6; Form 4 filed May 8).
Context These entries reflect options vesting/making options exercisable — not an exercise (purchase of shares) or a sale. If Mr. Smith later exercises the options, he would need to pay the applicable strike price (not disclosed here) and may then hold or sell shares. Vesting is informational (shows potential future supply) but is not the same as an insider buying or selling stock.
Insider Transaction Report
- Award
Stock Options (Right to Buy)
[F1]2026-05-06+250,000→ 250,000 totalExercise: $0.72Exp: 2035-07-30→ Class A Common Stock (250,000 underlying)
Footnotes (1)
- [F1]On July 31, 2025, the Board of Directors of the Issuer granted stock options to Mr. Smith to purchase 250,000 shares of the Issuer's class A common stock. Fifty percent (50%) of these options vested and became exercisable on the date that receipt of approval of the option grants by the Issuer's stockholders and the NYSE American. Stockholder approval was obtained on April 10, 2026 and approval from the NYSE American was obtained on May 6, 2026, so May 6, 2026 was the date that these options vested and became exercisable. The remaining 50% vest in equal monthly increments over 24 months beginning June 1, 2026. The stock options were issued outside of any Issuer stock incentive plan.