4Accepted Oct 1, 6:29 AM ET
Hyperscale Data (GPUS) 10% Owner Milton Ault Buys Stock
Accepted (ET)
6:29 AM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
29.8 KB
Summary
Hyperscale Data (GPUS) 10% Owner Milton Ault Buys Stock
What Happened
- Milton C. Ault, III (10% owner; CEO of Ault & Company, Inc., and a director of Hyperscale Data) reported multiple purchases on Sept 29–30, 2026. He acquired a total of 10,702,878 shares of the issuer for reported consideration of $5,246,084. Transactions included: 1,600 shares at $0.17 (reported $266), 311,874 shares at $0.16 (reported $51,116), 10,000,000 shares at $0.50 ($5,000,000), and 389,404 shares listed as a derivative acquisition at $0.50 ($194,702). These were purchases (net buy activity).
Key Details
- Transaction dates and reported prices/values:
- 2026-09-29: 1,600 shares @ $0.17 (reported $266)
- 2026-09-30: 311,874 shares @ $0.16 (reported $51,116)
- 2026-09-30: 10,000,000 shares @ $0.50 (reported $5,000,000)
- 2026-09-30: 389,404 derivative shares @ $0.50 (reported $194,702)
- Total: 10,702,878 shares acquired for $5,246,084 (reported).
- Shares owned after transaction: not disclosed in the Form 4.
- Notable footnotes:
- F3: Ault & Co. holdings are attributed to Mr. Ault (beneficial ownership via Ault & Co.).
- F11–F13: Series H convertible preferred terms and conversion mechanics are described (Series H conversion price $0.165 as of 9/30/26, convertible into ~6,060.61 Class A shares per preferred; Series H has no expiration).
- Filing timeliness: Form filed 2026-10-01 reporting transactions on 9/29–9/30—file appears timely.
Context
- Mr. Ault is a 10% owner and head of Ault & Co.; this is insider/institutional buying rather than routine employee trading. The presence of a "derivative" acquisition suggests conversion/exercise of convertible securities or similar instruments — footnotes reference Series H conversion mechanics. The Form 4 is factual; it does not state motivations for the purchases.