Hyperscale Data (GPUS) insider and 10% owner reports 10,000-share open-market purchase

Rhea-AI Filing Summary

Hyperscale Data, Inc. director and 10% owner reports open-market share purchases. On 12/10/2025 and 12/11/2025, the reporting person acquired 5,000 shares of common stock on each date at prices of $0.2923 and $0.2883, respectively, in purchase transactions. Following these transactions, the reporting person directly holds 35,550 shares of common stock and indirectly holds 474,905 shares through Ault & Company, Inc., plus 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock. The form indicates that the reporting person serves as a director, 10% owner, and Executive Chairman of Hyperscale Data, Inc.

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

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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)
12/10/2025

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	12/10/2025		P		5,000	A	$0.2923	30,550	D
Common Stock	12/11/2025		P		5,000	A	$0.2883	35,550	D
Common Stock								474,905	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	12/12/2025
	By: /s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc.	12/12/2025
	** 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).
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FAQ

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

The filing reports that a director, 10% owner, and Executive Chairman of Hyperscale Data, Inc. (GPUS) purchased 5,000 common shares on 12/10/2025 at $0.2923 and another 5,000 common shares on 12/11/2025 at $0.2883.

How many Hyperscale Data (GPUS) shares does the insider own after these transactions?

After the reported transactions, the insider directly owns 35,550 common shares and indirectly owns 474,905 common shares of Hyperscale Data, Inc., plus 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock.

What is the relationship of the reporting person to Hyperscale Data (GPUS)?

The reporting person is identified as a director, 10% owner, and Executive Chairman of Hyperscale Data, Inc.

How is Ault & Company, Inc. related to the Hyperscale Data (GPUS) holdings?

The explanation states that Milton C. Ault, III is the Chief Executive Officer of Ault & Company, Inc. and is deemed to beneficially own the shares held by Ault & Company, Inc., which holds 474,905 common shares of Hyperscale Data, Inc.

Were any derivative securities of Hyperscale Data (GPUS) reported in this Form 4?

The section for derivative securities is included, but the provided content does not list any specific derivative transactions or amounts for Hyperscale Data, Inc.

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

Yes. The form indicates that it is a Form filed by more than one reporting person, and the remarks reference both Milton C. Ault, III and Ault & Company, Inc..