Milton C. Ault III - 06 May 2026 Form 4 Insider Report for Hyperscale Data, Inc. (GPUS)

Reporting relationship
Executive Chairman, Director, 10%+ Owner
Issuer ticker
GPUS
Reported as of
06 May 2026
Net transaction value
$0
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 May 2026, 20:30:12 UTC
Prior SEC filing
04 May 2026
Next SEC filing
19 May 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Milton C. Ault, III

Key filing fact

Milton C. Ault III filed Form 4 for Hyperscale Data, Inc. (GPUS) on 08 May 2026.

Key facts

  • This page summarizes Milton C. Ault III's Form 4 filing for Hyperscale Data, Inc. (GPUS).
  • 1 reported transaction and 18 derivative rows are listed below.
  • Accepted by SEC: 08 May 2026, 20:30.

Change

  • Previous filing in this sequence was filed on 04 May 2026.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001212502 Primary reporting owner

AULT MILTON C III

Relationship
Executive Chairman, Director, 10%+ Owner
Address
11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 190, LAS VEGAS
Signature
/s/ Milton C. Ault, III
Signature date
08 May 2026
CIK 0001734770

Ault & Company, Inc.

Relationship
10%+ Owner
Address
11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 190, LAS VEGAS
Signature
/s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc.
Signature date
08 May 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GPUS transaction Derivative

Stock Options (right to buy)

Award

Transaction value
Shares
+2,000,000
Change %
Price
$0.000000*
Shares after
2,000,000
Date
06 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,000,000
Exercise price
$0.7200
Footnotes
F1
GPUS transaction Derivative

Stock Options (right to buy)

Award

Transaction value
Shares
+2,000,000
Change %
Price
$0.000000*
Shares after
2,000,000
Date
06 May 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,000,000
Exercise price
$0.7200
Footnotes
F1
GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,721
Date
06 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,375
Exercise price
$0.000000
Footnotes
F2, F3
GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,721
Date
06 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,375
Exercise price
$0.000000
Footnotes
F2, F3
GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,679,698
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
10,445,137
Exercise price
$0.000000
Footnotes
F2, F3, F4
GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,679,698
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
10,445,137
Exercise price
$0.000000
Footnotes
F2, F3, F4
GPUS holding Derivative

Series C Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F5, F6, F7
GPUS holding Derivative

Series C Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F5, F6, F7
GPUS holding Derivative

Series G Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
960
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F8, F9, F10
GPUS holding Derivative

Series G Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
960
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F8, F9, F10
GPUS holding Derivative

Series H Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,000
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F11, F12, F13
GPUS holding Derivative

Series H Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,000
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F4, F11, F12, F13
GPUS holding Derivative

Series C Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
422,337
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
422,337
Exercise price
$118.39
Footnotes
F4, F14
GPUS holding Derivative

Series C Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
422,337
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
422,337
Exercise price
$118.39
Footnotes
F4, F14
GPUS holding Derivative

Series G Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
162,217
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
162,217
Exercise price
$5.92
Footnotes
F4, F14
GPUS holding Derivative

Series G Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
162,217
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
162,217
Exercise price
$5.92
Footnotes
F4, F14
GPUS holding Derivative

October 2023 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
54,498
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
54,498
Exercise price
$160.74
Footnotes
F4, F14
GPUS holding Derivative

October 2023 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
54,498
Date
06 May 2026
Ownership
By Ault & Company, Inc.
Underlying class
Common Stock
Underlying amount
54,498
Exercise price
$160.74
Footnotes
F4, F14
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote F1

On July 31, 2025, the Board of Directors of the Issuer granted stock options to Mr. Ault to purchase 2,000,000 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.

Footnote F2

Each share of Class B Common Stock is convertible into one share of Class A Common Stock.

Footnote F3

The Class B Common Stock does not expire.

Footnote F4

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.

Footnote F5

As of May 8, 2026, the Series C Conversion Price was $0.144 per share, so each share of Series C Convertible Preferred Stock is convertible into approximately 6,944.44 shares of Class A Common Stock.

Footnote 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) the lesser of (A) $183.58 or (B) 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.

Footnote F7

The Series C Convertible Preferred Stock has no expiration date.

Footnote F8

As of May 8, 2026, the Series G Conversion Price was $0.144 per share, so each share of Series G Convertible Preferred Stock is convertible into approximately 6,944.44 shares of Class A Common Stock.

Footnote 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) the lesser of (A) $6.74 or (B) 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.

Footnote F10

The Series G Convertible Preferred Stock has no expiration date.

Footnote F11

As of May 8, 2026, the Series H Conversion Price was $0.144 per share, so each share of Series H Convertible Preferred Stock is convertible into approximately 6,944.44 shares of Class A Common Stock.

Footnote 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) the lesser of (A) $0.79645 or (B) 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.

Footnote F13

The Series H Convertible Preferred Stock has no expiration date.

Footnote F14

The October 2023, 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.

SEC 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.

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