Director Milton Ault adds Alzamend Neuro (ALZN) shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alzamend Neuro, Inc. director Milton C. Ault III, through affiliated entities, reported an indirect open-market purchase of 108,388 shares of common stock at $1.0047 per share on April 14, 2026, executed by Ault Lending, LLC.
After this trade, Ault Lending, LLC held 116,648 common shares. Separate indirect holdings disclosed include 11,068 shares held by Ault Life Sciences, Inc. and 61 shares held by Ault Life Sciences Fund, LLC, with Mr. Ault having voting and investment power over these entities’ positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 108,388 shares ($108,897)
Net Buy
3 txns
Insider
AULT MILTON C III
Role
Director
Bought
108,388 shs ($109K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 108,388 | $1.0047 | $109K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 116,648 shares (Indirect, By Ault Lending, LLC)
Footnotes (1)
- Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Milton C. Ault, III, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
Key Figures
Open-market purchase: 108,388 shares
Purchase price: $1.0047 per share
Ault Lending holdings: 116,648 shares
+2 more
5 metrics
Open-market purchase
108,388 shares
Indirect common stock buy on April 14, 2026
Purchase price
$1.0047 per share
Price for 108,388 ALZN common shares
Ault Lending holdings
116,648 shares
Indirect common shares following transaction
Ault Life Sciences, Inc. holdings
11,068 shares
Indirect common shares as of April 14, 2026
Ault Life Sciences Fund, LLC holdings
61 shares
Indirect common shares as of April 14, 2026
Key Terms
open-market purchase, indirect ownership, voting and investment power, wholly-owned subsidiary, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 108,388 common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" on common stock entries"
voting and investment power financial
"footnotes state Mr. Ault "is deemed to have voting and investment power""
wholly-owned subsidiary financial
"Ault Lending, LLC is described as "a wholly-owned subsidiary" of HSD"
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.
common stock financial
"security_title: "Common Stock" for all reported entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Alzamend Neuro (ALZN) disclose for Milton C. Ault III?
Alzamend Neuro disclosed that director Milton C. Ault III, via Ault Lending, LLC, made an indirect open-market purchase of 108,388 common shares at $1.0047 per share on April 14, 2026. This filing reflects a net-buy transaction with no reported sales.
Was the Alzamend Neuro (ALZN) Form 4 transaction a buy or sell by entities associated with Milton Ault?
The primary reported transaction is a net-buy. Ault Lending, LLC, associated with director Milton C. Ault III, completed an open-market purchase of 108,388 Alzamend Neuro common shares, with no corresponding sale transactions reported in this Form 4 filing.