Hyperscale Data: Ault & Company buys 10M Class A shares
The reported trades cover both Class A and Class B shares, with Ault & Company accounting for the three September 30 purchases.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Hyperscale Data, Inc. (GPUS) reported purchases by Ault & Company, Inc. on September 30, 2026: 10,000,000 Class A shares at $0.50 per share, 311,874 Class A shares at $0.1639 per share, and 389,404 Class B shares at $0.50 per share. Ault & Company’s reported Class B holdings after that purchase were 15,686,550 shares. Milton C. Ault III, the issuer’s Executive Chairman, also directly purchased 1,600 Class A shares at $0.1662 per share on September 29, 2026, bringing his directly held Class A position to 962,500 shares. Mr. Ault is Ault & Company’s Chief Executive Officer and is deemed to beneficially own shares held by that company.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 10,702,878 shares
Net Buy
14 txns
Insider
AULT MILTON C III, Ault & Company, Inc.
Role
Executive Chairman | 10% Owner
Bought
10,702,878 shs ($5.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock F1, F2, F3 | 389,404 | $0.50 | $195K |
| Purchase | Class A Common Stock F1 | 311,874 | $0.1639 | $51K |
| Purchase | Class A Common Stock F1 | 10,000,000 | $0.50 | $5.00M |
| Purchase | Class A Common Stock | 1,600 | $0.1662 | $265.92 |
| holding | Stock Options (Right to Buy) F4 | -- | -- | -- |
| holding | Class B Common Stock F1, F2 | -- | -- | -- |
| holding | Series C Convertible Preferred Stock F5, F6, F7, F3 | -- | -- | -- |
| holding | Series G Convertible Preferred Stock F8, F9, F10, F3 | -- | -- | -- |
| holding | Series H Convertible Preferred Stock F11, F12, F13, F3 | -- | -- | -- |
| holding | Series C Warrants F14, F3 | -- | -- | -- |
| holding | Series G Warrants F14, F3 | -- | -- | -- |
| holding | October 2023 Warrants F14, F3 | -- | -- | -- |
| holding | 13% Series D Cumulative Redeemable Perpetual Preferred Stock | -- | -- | -- |
| holding | 13% Series D Cumulative Redeemable Perpetual Preferred Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 15,686,550 contracts (Indirect, By Ault & Company, Inc.);
Class A Common Stock — 962,500 shares (Direct);
Class A Common Stock — 13,925,566 shares (Indirect, By Ault & Company, Inc.);
Stock Options (Right to Buy) — 400,000 contracts (Direct);
Class B Common Stock — 31,587 contracts (Direct);
Series C Convertible Preferred Stock — 50,000 contracts (Indirect, By Ault & Company, Inc.);
Series G Convertible Preferred Stock — 960 contracts (Indirect, By Ault & Company, Inc.);
Series H Convertible Preferred Stock — 4,000 contracts (Indirect, By Ault & Company, Inc.);
Series C Warrants — 84,470 contracts (Indirect, By Ault & Company, Inc.);
Series G Warrants — 32,444 contracts (Indirect, By Ault & Company, Inc.);
October 2023 Warrants — 10,899 contracts (Indirect, By Ault & Company, Inc.);
13% Series D Cumulative Redeemable Perpetual Preferred Stock — 149 shares (Direct);
13% Series D Cumulative Redeemable Perpetual Preferred Stock — 200 shares (Indirect, By Ault & Company, Inc.)
Footnotes (14)
- F1. Each share of Class B Common Stock is convertible into one share of Class A Common Stock.
- F2. The Class B Common Stock does not expire.
- F3. 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.
- F4. On July 31, 2025, the Board of Directors of the Issuer granted stock options to Mr. Ault to purchase 400,000 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.
- F5. As of September 30, 2026, the Series C Conversion Price was $0.165 per share, so each share of Series C Convertible Preferred Stock is convertible into approximately 6,060.61 shares of Class A Common Stock.
- F6. Each share of Series C Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series C Conversion Price"). The Series C Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series C Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
- F7. The Series C Convertible Preferred Stock has no expiration date.
- F8. As of September 30, 2026, the Series G Conversion Price was $0.165 per share, so each share of Series G Convertible Preferred Stock is convertible into approximately 6,060.61 shares of Class A Common Stock.
- F9. Each share of Series G Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series G Conversion Price"). The Series G Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series G Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
- F10. The Series G Convertible Preferred Stock has no expiration date.
- F11. As of September 30, 2026, the Series H Conversion Price was $0.165 per share, so each share of Series H Convertible Preferred Stock is convertible into approximately 6,060.61 shares of Class A Common Stock.
- F12. Each share of Series H Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series H Conversion Price"). The Series H Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series H Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
- F13. The Series H Convertible Preferred Stock has no expiration date.
- F14. The October 2023 Warrants, the Series C Warrants and the Series G Warrants have a five-year term, expiring on the fifth anniversary of the date of issuance, and become exercisable on the first business day after the six-month anniversary of the date of issuance.
Key Figures
Ault & Company Class A purchase: 10,000,000 shares at $0.50 per share
Ault & Company Class A purchase: 311,874 shares at $0.1639 per share
Ault & Company Class B purchase: 389,404 shares at $0.50 per share
+4 more
7 metrics
Ault & Company Class A purchase
10,000,000 shares at $0.50 per share
September 30, 2026
Ault & Company Class A purchase
311,874 shares at $0.1639 per share
September 30, 2026
Ault & Company Class B purchase
389,404 shares at $0.50 per share
September 30, 2026
Milton C. Ault III direct Class A purchase
1,600 shares at $0.1662 per share
September 29, 2026
Ault & Company Class B holdings
15,686,550 shares
Reported after the September 30, 2026 purchase
Milton C. Ault III direct Class A holdings
962,500 shares
Reported after the September 29, 2026 purchase
Stock options
400,000 options at $3.60 exercise price
Direct holding; expiration July 30, 2035
Key Terms
beneficially own, Series C Conversion Price, volume weighted average price, vested and became exercisable
4 terms
beneficially own regulatory
"deemed to beneficially own the shares held by Ault & Co."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Series C Conversion Price financial
"the Series C Conversion Price was $0.165 per share"
volume weighted average price financial
"volume weighted average price of the Class A Common Stock"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
vested and became exercisable technical
"these options vested and became exercisable"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What GPUS options did Milton C. Ault III hold?
Milton C. Ault III’s reported direct holding included 400,000 options to buy Class A Common Stock, with a $3.60 exercise price and a July 30, 2035 expiration. The options were granted July 31, 2025; 50% vested and became exercisable May 6, 2026, after issuer stockholder and NYSE American approval, and the remaining 50% vest in equal monthly increments over 24 months beginning June 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
