Milton C. Ault III Increases GPUS Stake; 6,050 Shares Directly Held
Rhea-AI Filing Summary
Milton C. Ault III, Executive Chairman and 10% owner of Hyperscale Data, Inc. (GPUS), reported open-market purchases of the company’s common stock on September 8-9, 2025. He purchased 2,600 shares on 09/08/2025 at a volume-weighted average price of $0.4040 (range $0.4035–$0.4044) and 1,000 shares on 09/09/2025 at $0.3753, resulting in 6,050 shares held directly after these transactions. The filing also reports 19,249 shares beneficially owned indirectly by Ault & Company, Inc., of which Mr. Ault is CEO and is deemed to beneficially own those shares. The report lists 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock as held directly. The Form 4 discloses the purchases were open-market transactions and includes an undertaking to provide detailed per-price purchase breakdowns upon request.
Positive
- Insider open-market purchases on 09/08/2025 and 09/09/2025 indicate the Executive Chairman increased his direct stake
- Clear disclosure of indirect ownership by Ault & Company, Inc., showing 19,249 shares beneficially owned indirectly
- Detailed price disclosure for 09/08/2025 (VWAP $0.4040; range $0.4035–$0.4044) and specific price for 09/09/2025 ($0.3753)
- Filing includes signatures for both Milton C. Ault III and Ault & Company, Inc., satisfying signature requirements
Negative
- None.
Insights
TL;DR: A director and significant shareholder made small open-market purchases, modestly increasing direct holdings; indirect holdings remain material through Ault & Company.
These Form 4 entries document insider purchases at low per-share prices, increasing direct ownership to 6,050 common shares and confirming an indirect stake of 19,249 common shares held by Ault & Company, Inc.
For investors, insider buying can signal confidence, but the absolute sizes reported here are modest relative to typical institutional stakes; the filing includes customary disclosures and an offer to provide granular purchase-price details to regulators or shareholders.
TL;DR: Reporting is timely and detailed; the filing clarifies the reporting person’s dual roles and the indirect ownership vehicle.
The Form 4 properly identifies Milton C. Ault III as Executive Chairman, a director and a 10% owner, and explains that Ault & Company, Inc. is a related entity whose holdings are deemed beneficially owned by Mr. Ault. The filing includes signatures from both the individual and the corporate reporting entity and provides required price-range and VWAP disclosure for the 09/08/2025 trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $0.3753 | $375.30 |
| Purchase | Common Stock | 2,600 | $0.404 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | 13% Series D Cumulative Redeemable Perpetual Preferred Stock | -- | -- | -- |
Footnotes (1)
- The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.4040. The range of purchase prices on the transaction date was $0.4035 to $0.4044 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price. Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.
