4Accepted Oct 1, 5:30 PM ET
Universal Safety Products (UUU) 10% Owner Milton Ault Buys $92.4M
Accepted (ET)
5:30 PM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
8.0 KB
Summary
Universal Safety Products (UUU) 10% Owner Milton Ault Buys $92.4M
What Happened
- Milton C. Ault III, reported as a 10% owner of Universal Safety Products, purchased 18,000 shares on 2026-09-30 at $5,134.00 per share, for a total reported transaction value of $92,412,000. The Form 4 indicates the transaction type as a purchase (code P), described as an open market or private purchase.
Key Details
- Transaction date: 2026-09-30; Filing date (Form 4): 2026-10-01 (timely — filed within SEC deadlines).
- Price and quantity: 18,000 shares at $5,134.00 each; Total = $92,412,000.
- Transaction code: P (purchase — open market or private purchase as indicated).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: Ault Lending, LLC is a wholly owned subsidiary of Hyperscale Data, Inc. (HSD); Mr. Ault (Executive Chairman of HSD) may have voting/investment power over securities held by Ault Lending.
- F2: Securities may be beneficially owned by Alpha Structured Finance LP; Mr. Ault is manager of related entities and may be deemed to beneficially own those securities.
- F3: Securities may be beneficially owned by Ault & Company, Inc.; Mr. Ault is CEO and Chairman and may be deemed to beneficially own those securities.
Context
- This was a direct purchase (not an option exercise, gift, or award). Purchases by insiders — especially large ones — can be interpreted by investors as a stronger signal than routine sales, but filings alone do not explain the insider’s motivation.
- Mr. Ault is disclosed as a significant (10%) owner and has control relationships with several entities named in the footnotes; some holdings may reflect institutional or managed positions rather than only personal trading.