Hyperscale Data (NASDAQ: GPUS) director Milton Ault reports new share purchases

Rhea-AI Filing Summary

Hyperscale Data, Inc. insider filings show additional share purchases by a major holder. On December 1, 2025, Ault & Company, Inc. bought 100,000 shares of common stock at $0.2741 per share, reported as indirectly owned. On December 2, 2025, a further 1,000 shares of common stock were purchased at $0.2921 per share, reported as directly owned.

Following these transactions, 374,905 common shares are reported as indirectly owned through Ault & Company and 25,550 common shares are directly owned, along with 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock. Milton C. Ault III is Executive Chairman, a director and a 10% owner of Hyperscale Data, and as Chief Executive Officer of Ault & Company is deemed to beneficially own the shares held by Ault & Company.

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^*

AULT MILTON C III

(Last) (First) (Middle)

11411 SOUTHERN HIGHLANDS PARKWAY

SUITE 190

(Street)

LAS VEGAS NV 89141

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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

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

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

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
Common Stock	12/01/2025		P		100,000	A	$0.2741	374,905	I	By Ault & Company, Inc.(1)
Common Stock	12/02/2025		P		1,000	A	$0.2921	25,550	D
13% Series D Cumulative Redeemable Perpetual Preferred Stock								116	D

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

1. Name and Address of Reporting Person^*

AULT MILTON C III

(Last) (First) (Middle)

11411 SOUTHERN HIGHLANDS PARKWAY

SUITE 190

(Street)

LAS VEGAS NV 89141

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Ault & Company, Inc.

(Last) (First) (Middle)

11411 SOUTHERN HIGHLANDS PARKWAY

SUITE 190

(Street)

LAS VEGAS NV 89141

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. 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.

Remarks:

Mr. Ault, Chief Executive Officer of Ault & Co., is a director of the Issuer. For purposes of Section 16 of the Exchange Act, Ault & Co. may be deemed a director by deputization by virtue of its representation on the Board of Directors of the Issuer.

	/s/ Milton C. Ault, III	12/03/2025
	/s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc.	12/01/2025
	** 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.

FAQ

What insider transactions did Hyperscale Data (GPUS) report in this Form 4?

The Form 4 reports that on December 1, 2025, Ault & Company, Inc. purchased 100,000 shares of Hyperscale Data common stock at $0.2741 per share, and on December 2, 2025, an additional 1,000 shares were purchased at $0.2921 per share.

How many Hyperscale Data (GPUS) shares does Milton C. Ault III beneficially own after these transactions?

After the reported transactions, 374,905 common shares are reported as indirectly owned through Ault & Company, Inc. and 25,550 common shares are directly owned, plus 116 shares of 13% Series D Cumulative Redeemable Perpetual Perpetual Preferred Stock.

What is the relationship of Milton C. Ault III to Hyperscale Data (GPUS)?

Milton C. Ault III is reported as a director, 10% owner, and Executive Chairman of Hyperscale Data, Inc.

Why is Ault & Company, Inc. listed as a reporting person for Hyperscale Data (GPUS)?

Ault & Company, Inc. is a reporting person because it holds Hyperscale Data shares, and as its Chief Executive Officer, Milton C. Ault III is deemed to beneficially own the shares held by Ault & Company.

How is Ault & Company, Inc. treated under Section 16 in relation to Hyperscale Data (GPUS)?

The remarks state that for purposes of Section 16 of the Exchange Act, Ault & Company, Inc. may be deemed a director by deputization because of its representation on Hyperscale Data’s Board of Directors.

Were any preferred shares of Hyperscale Data (GPUS) reported in this Form 4?

Yes. The filing shows 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock reported as beneficially owned.