Universal Safety (UUU) 10% Owner Milton C. Ault III Buys Stock
$UUU · UNIVERSAL SAFETY PRODUCTS, INC.Research Summary
AI-generated summary of this SEC filing
Universal Safety (UUU) 10% Owner Milton C. Ault III Buys Stock
What Happened
Milton C. Ault III, a reported 10% owner of Universal Safety Products, Inc. (UUU), purchased a total of 39,303 shares in multiple open-market transactions between August 17 and August 19, 2026. Transactions included lots such as 24,328 shares at $5.58 (≈ $135,672) on Aug 19 and several smaller purchases across Aug 17–18 at prices from about $3.69 to $4.44. The aggregate cash outlay reported across the listed trades is approximately $201,393. These were purchases (code P) — purchases are often viewed as a more bullish signal than sales, though they do not by themselves indicate motive.
Key Details
- Transaction dates: August 17, 18 and 19, 2026 (filed Aug 19, 2026; filing appears timely).
- Shares bought: 39,303 total across multiple trades. Aggregate value: ≈ $201,393.
- Price details / ranges: individual trades priced between ~$3.69 and $5.94. Several footnotes report volume-weighted average prices per date (e.g., VWAPs of $4.1208, $3.8294, $4.4440, $4.3783, $5.87) and per-day price ranges; the filer offers to provide per-price breakouts on request.
- Shares owned after transaction: not specified in the excerpt provided — see the full Form 4 for post-transaction holdings.
- Notable footnotes: purchases reported as open-market; beneficial ownership may include shares held through related entities (Alpha Structured Finance LP, Ault Lending/Hyperscale Data ties, and Ault & Company, Inc.), meaning some holdings may be attributed via those relationships.
- Transaction code: P = Purchase. No indication of late filing in the provided info.
Context
Ault is reported as a 10% owner and has roles with related entities (manager/CEO roles noted in footnotes), so some purchases may be through or related to affiliated investment vehicles rather than solely personal accounts. For retail investors, net insider purchases of this size (≈ $200k) are notable as a direct cash purchase interest in the company, but do not on their own indicate future company performance. Refer to the full Form 4 for exact post-transaction holdings and any additional disclosures.