Hyperscale Data (NASDAQ: GPUS) director reports 1,000-share common stock purchase

Rhea-AI Filing Summary

Hyperscale Data, Inc. director, executive chairman and 10% owner Milton C. Ault III reported buying 1,000 shares of common stock on 11/26/2025 at a price of $0.2936 per share. After this transaction, he directly beneficially owned 24,550 shares of common stock and indirectly beneficially owned 274,905 shares of common stock through Ault & Company, Inc.

The filing also shows direct ownership of 116 shares of the company’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock. Ault & Company is treated as a director by deputization because of its representation on Hyperscale Data’s board, and Ault 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
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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)
11/26/2025

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	11/26/2025		P		1,000	A	$0.2936	24,550	D
Common Stock								274,905	I	By Ault & Company, Inc.(1)
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	12/01/2025
	/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.
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FAQ

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

The Form 4 reports that a director, executive chairman and 10% owner bought 1,000 shares of Hyperscale Data common stock on 11/26/2025 at $0.2936 per share.

How many Hyperscale Data (GPUS) shares does Milton C. Ault III own after this transaction?

After the reported trade, Milton C. Ault III directly beneficially owned 24,550 shares of Hyperscale Data common stock and indirectly beneficially owned 274,905 shares through Ault & Company, Inc.

What preferred stock holdings are disclosed in this Hyperscale Data (GPUS) Form 4?

The filing shows direct ownership of 116 shares of Hyperscale Data’s 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

Who is Ault & Company, Inc. in relation to Hyperscale Data (GPUS)?

Ault & Company, Inc. holds 274,905 Hyperscale Data common shares, and because Milton C. Ault III is its Chief Executive Officer, he is deemed to beneficially own those shares. Ault & Company may be deemed a director by deputization due to its board representation.

What roles does Milton C. Ault III hold at Hyperscale Data (GPUS)?

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

Is this Hyperscale Data (GPUS) Form 4 filed by more than one reporting person?

Yes. The form indicates it is filed by more than one reporting person, reflecting both Milton C. Ault III and Ault & Company, Inc.