Director at Hyperscale Data (NYSE: GPUS) granted 250K options

Rhea-AI Filing Summary

Hyperscale Data, Inc. director Robert O. Smith reported an award of stock options covering 250,000 shares of Class A common stock at an exercise price of $0.72 per share. The options expire on July 30, 2035.

The board granted these options on July 31, 2025. Half of the options vested and became exercisable once stockholder approval and NYSE American approval were obtained, with that vesting date on May 6, 2026. The remaining half vest in equal monthly installments over 24 months starting June 1, 2026. Following this grant, Smith holds 250,000 stock options from this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SMITH ROBERT O

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Options (Right to Buy)	250,000	$0.00	--

Holdings After Transaction: Stock Options (Right to Buy) — 250,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Option grant size: 250,000 options Exercise price: $0.72 per share Expiration date: July 30, 2035 +5 more

8 metrics

Option grant size 250,000 options Stock options covering 250,000 shares granted to director

Exercise price $0.72 per share Conversion or exercise price of granted stock options

Expiration date July 30, 2035 Option expiration for director grant

Immediate vesting portion 50% of options Vested on May 6, 2026 after stockholder and NYSE American approvals

Remaining vesting period 24 months Unvested 50% vests monthly over 24 months from June 1, 2026

Options held after grant 250,000 options Total stock options from this award held following transaction

Stockholder approval date April 10, 2026 Approval of option grants by Hyperscale Data stockholders

Exchange approval date May 6, 2026 NYSE American approval triggering 50% vesting

Key Terms

Stock Options (Right to Buy), Class A Common Stock, vested and became exercisable, NYSE American, +1 more

5 terms

Stock Options (Right to Buy) financial

"security_title: Stock Options (Right to Buy)"

Class A Common Stock financial

"underlying_security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vested and became exercisable financial

"Fifty percent (50%) of these options vested and became exercisable"

NYSE American regulatory

"approval of the option grants by the Issuer's stockholders and the NYSE American"

NYSE American is a stock exchange where companies can list their shares to be bought and sold by investors. It functions like a marketplace, helping businesses raise money and providing investors with opportunities to buy ownership in these companies. Its role is important because it facilitates the trading of smaller or emerging companies, offering investors access to a broader range of investment options.

stock incentive plan financial

"The stock options were issued outside of any Issuer stock incentive plan."

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH ROBERT O

(Last) (First) (Middle)

11411 SOUTHERN HIGHLANDS PARKWAY

SUITE 190

(Street)

LAS VEGAS NEVADA 89141

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hyperscale Data, Inc. [ GPUS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$0.72	05/06/2026		A		250,000		(1)	07/30/2035	Class A Common Stock	250,000	$0	250,000	D

Explanation of Responses:

1. On July 31, 2025, the Board of Directors of the Issuer granted stock options to Mr. Smith to purchase 250,000 shares of the Issuer's class A common stock. Fifty percent (50%) of these options vested and became exercisable on the date that receipt of approval of the option grants by the Issuer's stockholders and the NYSE American. Stockholder approval was obtained on April 10, 2026 and approval from the NYSE American was obtained on May 6, 2026, so May 6, 2026 was the date that these options vested and became exercisable. The remaining 50% vest in equal monthly increments over 24 months beginning June 1, 2026. The stock options were issued outside of any Issuer stock incentive plan.

Remarks:

	/s/ Robert O. Smith	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hyperscale Data (GPUS) director Robert Smith report on this Form 4?

Director Robert O. Smith reported receiving stock options for 250,000 shares of Hyperscale Data Class A common stock at an exercise price of $0.72 per share. These options were granted as compensation and follow a multi-year vesting schedule tied to approvals and time-based vesting.

What is the exercise price and term of Robert Smith’s Hyperscale Data (GPUS) options?

The stock options have an exercise price of $0.72 per share and expire on July 30, 2035. This means Smith can purchase Hyperscale Data Class A common stock at $0.72 per share any time after vesting and before the expiration date, subject to plan terms.

How do the 250,000 Hyperscale Data (GPUS) stock options vest for Robert Smith?

Fifty percent of the 250,000 options vested when stockholder and NYSE American approvals were obtained, with vesting effective May 6, 2026. The remaining 50% vest in equal monthly installments over 24 months beginning June 1, 2026, creating a two-year vesting tail.

When were Robert Smith’s Hyperscale Data (GPUS) options granted and approved?

Hyperscale Data’s board granted the stock options on July 31, 2025. Stockholder approval came on April 10, 2026, and NYSE American approval on May 6, 2026. Those approvals triggered vesting of half the options as of May 6, 2026, according to the disclosure.

Are Robert Smith’s Hyperscale Data (GPUS) options part of a stock incentive plan?

The filing states that these stock options were issued outside of any Hyperscale Data stock incentive plan. That means they are a standalone option grant rather than being granted under an existing company equity incentive program, as described in the footnote.