AULT MILTON C III 4
Research Summary
AI-generated summary
Universal Safety (UUU) 10% Owner Milton Ault Buys 185,000 Shares
What Happened
Milton C. Ault III, a reported 10% owner of Universal Safety Products, Inc. (UUU), purchased 185,000 shares on 2026-05-15 at $5.75 per share, a total acquisition of approximately $1,063,750. The trade is reported as a purchase (Form 4 code "P"), which is a direct buy of shares (often viewed as a more informative/bullish signal than a sale).
Key Details
- Transaction date and price: 2026-05-15 — 185,000 shares at $5.75 each. Total ≈ $1,063,750.
- Transaction type/code: Purchase (P) — open market or private purchase classification on the Form 4.
- Filing/Report dates: Period of Report 2026-05-15; Form filed 2026-05-19.
- Shares owned after transaction: Not stated in the provided filing.
- Footnotes / related parties:
- F1: Ault Lending, LLC (a subsidiary of Hyperscale Data, Inc.) — Mr. Ault is deemed to have voting and investment power over securities held by Ault Lending.
- F2: Securities held by Alpha Structured Finance LP — Mr. Ault is manager/manager-related via Alpha GP and Alpha Management and may be deemed to beneficially own those securities.
- F3: Securities held by Ault & Company, Inc. — Mr. Ault is CEO and Chairman and may be deemed to beneficially own those securities.
Context
- This filing reports a direct purchase by a 10% owner rather than an option exercise or award; purchases can be taken by investors as a stronger signal of personal investment than routine sales, but do not prove future company performance.
- Because Mr. Ault has ties to multiple entities listed in the footnotes, some holdings may be held through related entities rather than directly in his name; the filing discloses those relationships but not the combined post-transaction ownership total.