Hyperscale Data CEO buys 160K Class A shares
Rhea-AI Filing Summary
Hyperscale Data, Inc. (GPUS) director and Chief Executive Officer William B. Horne reported open-market purchases of 160,000 shares of Class A Common Stock, consisting of 100,000 shares at $0.20 per share on September 4, 2026, and 60,000 shares at $0.187 per share on September 8, 2026. No Rule 10b5-1 trading plan is reported for these transactions. Horne also reports a direct holding of 5,000 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock as of September 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 160,000 shares
Net Buy
3 txns
Insider
Horne William B.
Role
Chief Executive Officer
Bought
160,000 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 60,000 | $0.187 | $11K |
| Purchase | Class A Common Stock | 100,000 | $0.20 | $20K |
| holding | 13% Series D Cumulative Redeemable Perpetual Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 300,000 shares (Direct);
13% Series D Cumulative Redeemable Perpetual Preferred Stock — 5,000 shares (Direct)
Key Figures
Class A shares purchased: 160,000 shares
Purchase on September 4, 2026: 100,000 shares at $0.20 per share
Purchase on September 8, 2026: 60,000 shares at $0.187 per share
+1 more
4 metrics
Class A shares purchased
160,000 shares
Total Class A Common Stock purchased by William B. Horne in September 2026 transactions
Purchase on September 4, 2026
100,000 shares at $0.20 per share
Open-market or private purchase of Class A Common Stock
Purchase on September 8, 2026
60,000 shares at $0.187 per share
Open-market or private purchase of Class A Common Stock
Series D Preferred Stock holding
5,000 shares
Direct holding of 13% Series D Cumulative Redeemable Perpetual Preferred Stock as of September 4, 2026
Key Terms
Rule 10b5-1, Cumulative Redeemable Perpetual Preferred Stock, open-market purchases
3 terms
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
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.
open-market purchases financial
"reported open-market purchases of 160,000 shares of Class A Common Stock"
Open-market purchases are when a company or institution buys its own shares or other securities using the public stock market rather than through a private deal. For investors this matters because such buying reduces the number of shares available, often boosting metrics like earnings per share and signaling management thinks the stock is undervalued, while also using cash that might otherwise fund growth or dividends — like a business buying back chips at the table to increase each remaining player's stake.
FAQ
What insider transactions did GPUS CEO William B. Horne report on this Form 4?
He reported two open-market purchases of Hyperscale Data, Inc. Class A Common Stock, totaling 160,000 shares, plus a disclosed direct holding of 5,000 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.
Were the GPUS insider stock purchases made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported; the document-level checkbox for Rule 10b5-1 is not marked as being used for these transactions.
What preferred stock holdings in GPUS does William B. Horne report?
He reports a direct position of 5,000 shares of Hyperscale Data, Inc.’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock as of September 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.