Horne William B. 4

What Happened

• William B. Horne, CEO of Hyperscale Data, was reported on a Form 4 to have acquired derivative securities in the form of stock options covering 2,000,000 shares. The filing shows the acquisition at $0.00 (no cash paid) and a reported value of $0 for the award.
• Per the filing footnote, 50% of the option grant vested and became exercisable on May 6, 2026 (the date NYSE American approval was received). The remaining 50% vests in equal monthly increments over 24 months beginning June 1, 2026. The options were originally granted July 31, 2025 and were issued outside any issuer stock incentive plan.

Key Details

• Transaction date: May 6, 2026; reported on Form 4 filed May 8, 2026.
• Transaction type/code: Derivative award/grant (code A) — 2,000,000 option shares @ $0.00 (acquired).
• Vesting: 50% vested/ became exercisable on May 6, 2026; remaining 50% vests monthly over 24 months starting June 1, 2026.
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: Grant date July 31, 2025; NYSE American approval on May 6, 2026; options issued outside of any issuer stock incentive plan.
• Timeliness: Form 4 filed within the normal 2-business-day window (not reported late).

Context

• These entries report an option award and vesting event — Horne did not exercise options or sell shares in this filing. The filing documents the right to buy shares (options) rather than an immediate share purchase or sale.
• For retail investors, option grants and vesting indicate potential future share purchases if exercised; they are not direct cash transactions or immediate market trades.