Hyperscale Data (GPUS) director and 10% owner reports December 2025 share purchases

Rhea-AI Filing Summary

Hyperscale Data, Inc. insider activity shows additional share purchases by a major stakeholder. A reporting person who is a director, 10% owner, and Executive Chairman reported multiple open-market purchases of common stock in December 2025. On 12/23/2025, they acquired 10,000 shares at a volume weighted average price of $0.225 per share, followed by 5,000 shares on 12/24/2025 at $0.2255. They then bought 10,000 shares on 12/26/2025 at a volume weighted average price of $0.2140, and on 12/29/2025 purchased 59,450 shares at a volume weighted average price of $0.2027 plus an additional 100,000 shares at $0.2029.

Following these transactions, the reporting person directly held 160,000 common shares and indirectly held 1,000,005 common shares through Ault & Company, Inc. The filing also reports a purchase of 33 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock on 12/29/2025 at $22.83 per share, bringing the preferred holdings to 149 shares.

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

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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)
12/23/2025

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	12/23/2025		P		10,000	A	$0.225(1)	85,550	D
Common Stock	12/24/2025		P		5,000	A	$0.2255	90,550	D
Common Stock	12/26/2025		P		10,000	A	$0.214(2)	100,550	D
Common Stock	12/29/2025		P		59,450	A	$0.2027(3)	160,000	D
Common Stock	12/29/2025		P		100,000	A	$0.2029	1,000,005	I	By Ault & Company, Inc.(4)
13% Series D Cumulative Redeemable Perpetual Preferred Stock	12/29/2025		P		33	A	$22.83	149	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. 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 $0.225. The range of purchase prices on the transaction date was $0.2248 to $0.2252 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.

2. 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 $0.2140. The range of purchase prices on the transaction date was $0.2131 to $0.2148 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.

3. 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 $0.2027. The range of purchase prices on the transaction date was $0.1988 to $0.2099 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.

4. 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.

	By: /s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc.	12/30/2025
	By: /s/ Milton C. Ault, III	12/30/2025
	** Signature of Reporting Person	Date
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FAQ

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

The Form 4 reports that a director, 10% owner, and Executive Chairman of Hyperscale Data, Inc. bought multiple blocks of common stock and a small amount of preferred stock in open-market transactions during December 2025.

How many Hyperscale Data (GPUS) common shares did the insider buy and at what prices?

The insider bought common stock in several trades: 10,000 shares on 12/23/2025 at a volume weighted average price of $0.225, 5,000 shares on 12/24/2025 at $0.2255, 10,000 shares on 12/26/2025 at a volume weighted average price of $0.2140, and on 12/29/2025 59,450 shares at a volume weighted average price of $0.2027 plus 100,000 shares at $0.2029.

What is the insider’s total beneficial ownership in Hyperscale Data (GPUS) after these transactions?

After the reported transactions, the insider held 160,000 common shares directly and 1,000,005 common shares indirectly through Ault & Company, Inc., where the reporting person is Chief Executive Officer.

Did the Hyperscale Data (GPUS) insider purchase any preferred stock in this filing?

Yes. On 12/29/2025, the insider purchased 33 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock at $22.83 per share, increasing preferred holdings to 149 shares.

Were the Hyperscale Data (GPUS) insider trades open-market purchases?

Yes. The explanations state that the common stock purchases were made by the reporting person in open market transactions on each transaction date, with volume weighted average prices and specified price ranges.

Who is Ault & Company, Inc. in relation to Hyperscale Data (GPUS) and this Form 4?

Ault & Company, Inc. holds common shares of Hyperscale Data. Milton C. Ault, III, the Chief Executive Officer of Ault & Company, Inc., is deemed to beneficially own the shares held by Ault & Co. and is also a director of the issuer.

Is the reporting person considered a director for Hyperscale Data (GPUS) through Ault & Company, Inc.?

The remarks explain that for purposes of Section 16 of the Exchange Act, Ault & Company, Inc. may be deemed a director by deputization due to its representation on the issuer’s Board of Directors.