UUU director adds 2,405 shares in open-market buys
UNIVERSAL SAFETY PRODUCTS, INC. director and ten percent owner Milton C. Ault III, through affiliated entities, reported net open-market purchases of common stock.
Rhea-AI Filing Summary
UNIVERSAL SAFETY PRODUCTS, INC. director and ten percent owner Milton C. Ault III, through affiliated entities, reported net open-market purchases of common stock. Ault Lending, LLC bought 1,000 shares at $6.01 on March 26 and 1,405 shares at $5.81 on March 27.
After these trades, Ault Lending, LLC held 678,244 indirectly owned shares. The filing also shows 1,600 shares held directly, plus 15,000 shares beneficially owned through Alpha Structured Finance LP and 6,000 shares through Ault & Company, Inc., indicating multiple ownership channels.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,405 shares
Net Buy
5 txns
Insider
AULT MILTON C III
Role
Director, 10% Owner
Bought
2,405 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,405 | $5.81 | $8K |
| Purchase | Common Stock | 1,000 | $6.01 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 678,244 shares (Indirect, By Ault Lending, LLC);
Common Stock — 1,600 shares (Direct);
Common Stock — 15,000 shares (Indirect, By Alpha Structured Finance LP);
Common Stock — 6,000 shares (Indirect, By Ault & Company, Inc.)
Footnotes (3)
- F1. Ault Lending, LLC ("Ault Lending"), is a wholly owned subsidiary of Hyperscale Data, Inc. ("HSD"). Milton C. Ault, III, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
- F2. Securities beneficially owned by Alpha Structured Finance LP ("Alpha Fund"). Mr. Ault is the Manager of Alpha Structured Finance GP LLC ("Alpha GP") and ACG Alpha Management LLC ("Alpha Management"). Alpha GP and Alpha Management are the general partner and investment manager to Alpha Fund, respectively. As a result of these relationships, Mr. Ault may be deemed to beneficially own the securities beneficially owned by Alpha Fund.
- F3. Securities beneficially owned by Ault & Company, Inc. ("Ault & Co."). Mr. Ault is the Chief Executive Officer and Chairman of Ault & Co. As a result of this relationship, Mr. Ault may be deemed to beneficially own the securities beneficially owned by Ault & Co.
Key Figures
Shares purchased March 26: 1,000 shares at $6.01
Shares purchased March 27: 1,405 shares at $5.81
Indirect holdings via Ault Lending: 678,244 shares
+4 more
7 metrics
Shares purchased March 26
1,000 shares at $6.01
Open-market purchase via Ault Lending, LLC
Shares purchased March 27
1,405 shares at $5.81
Open-market purchase via Ault Lending, LLC
Indirect holdings via Ault Lending
678,244 shares
Total common stock after reported transactions
Direct holdings
1,600 shares
Common stock held directly by Milton C. Ault III
Holdings via Alpha Structured Finance LP
15,000 shares
Common stock beneficially owned through Alpha Fund
Holdings via Ault & Company, Inc.
6,000 shares
Common stock beneficially owned through Ault & Company, Inc.
Net shares bought
2,405 shares
Net-buy outcome across reported Form 4 transactions
Key Terms
open-market purchase, beneficially own, indirect ownership, ten percent owner, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficially own financial
"footnotes state Mr. Ault may be deemed to beneficially own securities"
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.
indirect ownership financial
"ownership type marked indirect with nature of ownership by entities"
ten percent owner financial
"reporting person is identified as a ten percent owner of the issuer"
voting and investment power financial
"footnotes describe who is deemed to have voting and investment power"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did UUU report for Milton C. Ault III?
Milton C. Ault III reported two open-market purchases of Universal Safety Products common stock through Ault Lending, LLC, totaling 2,405 shares. The trades occurred on March 26 and March 27, at prices of $6.01 and $5.81 per share, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
