Hyperscale Data CEO buys $18 preferred shares
The CEO of Hyperscale Data, Inc. increased his personal holdings of Series D preferred stock with an open-market or private purchase.
Rhea-AI Filing Summary
Hyperscale Data, Inc. (GPUS) reported that Chief Executive Officer and director William B. Horne purchased 1,000 shares of its 13% Series D Cumulative Redeemable Perpetual Preferred Stock on September 16, 2026 at $18.00 per share. Following this purchase, he directly holds 6,000 preferred shares and 300,000 Class A Common Stock shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Horne William B.
Role
Chief Executive Officer
Bought
1,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 13% Series D Cumulative Redeemable Perpetual Preferred Stock | 1,000 | $18.00 | $18K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
13% Series D Cumulative Redeemable Perpetual Preferred Stock — 6,000 shares (Direct);
Class A Common Stock — 300,000 shares (Direct)
Key Figures
Preferred shares purchased: 1,000 shares
Purchase price per preferred share: $18.00 per share
Preferred shares held after transaction: 6,000 shares
+2 more
5 metrics
Preferred shares purchased
1,000 shares
13% Series D Cumulative Redeemable Perpetual Preferred Stock bought on September 16, 2026
Purchase price per preferred share
$18.00 per share
13% Series D Cumulative Redeemable Perpetual Preferred Stock transaction on September 16, 2026
Preferred shares held after transaction
6,000 shares
CEO’s direct holdings of 13% Series D preferred shares following the purchase
Class A Common Stock held
300,000 shares
CEO’s direct holdings of Hyperscale Data, Inc. Class A Common Stock
Net buy shares in this filing
1,000 shares
Net of reported buy and sell transactions in the Form 4
Key Terms
Cumulative Redeemable Perpetual Preferred Stock, Rule 10b5-1 trading plan, open market or private transaction
3 terms
Cumulative Redeemable Perpetual Preferred Stock financial
"13% Series D Cumulative Redeemable Perpetual Preferred Stock"
A cumulative redeemable perpetual preferred stock is a type of ownership share that pays fixed dividends forever unless the company stops them, and any missed dividends accumulate and must be paid later. It can be redeemed (bought back) by the issuer at specified times or prices, so it behaves partly like a long-term loan; investors care because it sits ahead of common shares for payments and can affect a company’s cash needs and perceived credit risk.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the GPUS CEO purchase in this Form 4 filing?
The CEO, William B. Horne, purchased 1,000 shares of Hyperscale Data, Inc.’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock on September 16, 2026.
Was the GPUS CEO’s preferred stock purchase under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, so this reported purchase was not made under a Rule 10b5-1 trading plan.
What is the nature of ownership for the GPUS securities held by the CEO?
Both the 13% Series D preferred shares and the Class A Common Stock are reported as directly owned by William B. Horne.
AI-generated analysis. How Rhea-AI works. Not financial advice.