Milton C. Ault III - 29 Sep 2026 Form 4 Insider Report for Hyperscale Data, Inc. (GPUS)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: GPUS
Reported as of: 29 Sep 2026
Net transaction value: +$51,382
SEC form: 4
Accepted by SEC: 01 Oct 2026, 06:29:31 UTC
Prior SEC filing: 28 Sep 2026
Next SEC filing: 01 Oct 2026
Source filing: View source filing
Reporting owner signature: By: /s/ Milton C. Ault, III

Key filing fact

Milton C. Ault III filed Form 4 for Hyperscale Data, Inc. (GPUS) on 01 Oct 2026.

Key facts

This page summarizes Milton C. Ault III's Form 4 filing for Hyperscale Data, Inc. (GPUS).
4 reported transactions and 18 derivative rows are listed below.
Accepted by SEC: 01 Oct 2026, 06:29.

Change

Previous filing in this sequence was filed on 28 Sep 2026.
Current net transaction value: +$51,382.

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: By: /s/ Milton C. Ault, III
Signature date: 01 Oct 2026

CIK 0001734770

Ault & Company, Inc.

Relationship: Other*, 10%+ Owner
Address: 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 190, LAS VEGAS
Signature: By: /s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc.
Signature date: 01 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GPUS transaction

Class A Common Stock

Purchase

Transaction value: $266
Shares: +1,600
Change %: +0.17%
Price: $0.1662
Shares after: 962,500
Date: 29 Sep 2026
Ownership: Direct

GPUS transaction

Class A Common Stock

Purchase

Transaction value: $266
Shares: +1,600
Change %: +0.17%
Price: $0.1662
Shares after: 962,500
Date: 29 Sep 2026
Ownership: Direct

GPUS transaction

Class A Common Stock

Purchase

Transaction value: $51,116
Shares: +311,874
Change %: +8.6%
Price: $0.1639
Shares after: 3,925,566
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

GPUS transaction

Class A Common Stock

Purchase

Transaction value: $51,116
Shares: +311,874
Change %: +8.6%
Price: $0.1639
Shares after: 3,925,566
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

GPUS transaction

Class A Common Stock

Purchase

Transaction value
Shares: +10,000,000
Change %: +255%
Price: $0.5000^*
Shares after: 13,925,566
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

GPUS transaction

Class A Common Stock

Purchase

Transaction value
Shares: +10,000,000
Change %: +255%
Price: $0.5000^*
Shares after: 13,925,566
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

GPUS holding

13% Series D Cumulative Redeemable Perpetual Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 149
Date: 29 Sep 2026
Ownership: Direct

GPUS holding

13% Series D Cumulative Redeemable Perpetual Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 149
Date: 29 Sep 2026
Ownership: Direct

GPUS holding

13% Series D Cumulative Redeemable Perpetual Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 200
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

GPUS holding

13% Series D Cumulative Redeemable Perpetual Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 200
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Footnotes: F1

Reported derivative securities

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

GPUS transaction Derivative

Class B Common Stock

Purchase

Transaction value
Shares: +389,404
Change %: +2.5%
Price: $0.5000^*
Shares after: 15,686,550
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 389,404
Exercise price: $0.000000
Footnotes: F1, F2, F3

GPUS transaction Derivative

Class B Common Stock

Purchase

Transaction value
Shares: +389,404
Change %: +2.5%
Price: $0.5000^*
Shares after: 15,686,550
Date: 30 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 389,404
Exercise price: $0.000000
Footnotes: F1, F2, F3

GPUS holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 400,000
Date: 29 Sep 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 400,000
Exercise price: $3.60
Footnotes: F4

GPUS holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 400,000
Date: 29 Sep 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 400,000
Exercise price: $3.60
Footnotes: F4

GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 31,587
Date: 29 Sep 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,587
Exercise price: $0.000000
Footnotes: F1, F2

GPUS holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 31,587
Date: 29 Sep 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,587
Exercise price: $0.000000
Footnotes: F1, F2

GPUS holding Derivative

Series C Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, 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: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, F5, F6, F7

GPUS holding Derivative

Series G Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 960
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, F8, F9, F10

GPUS holding Derivative

Series G Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 960
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, 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: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, 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: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F3, F11, F12, F13

GPUS holding Derivative

Series C Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 84,470
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 84,470
Exercise price: $591.94
Footnotes: F3, F14

GPUS holding Derivative

Series C Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 84,470
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 84,470
Exercise price: $591.94
Footnotes: F3, F14

GPUS holding Derivative

Series G Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 32,444
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 32,444
Exercise price: $29.59
Footnotes: F3, F14

GPUS holding Derivative

Series G Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 32,444
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 32,444
Exercise price: $29.59
Footnotes: F3, F14

GPUS holding Derivative

October 2023 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,899
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 10,899
Exercise price: $803.69
Footnotes: F3, F14

GPUS holding Derivative

October 2023 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,899
Date: 29 Sep 2026
Ownership: By Ault & Company, Inc.
Underlying class: Common Stock
Underlying amount: 10,899
Exercise price: $803.69
Footnotes: F3, 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

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

Footnote F2

The Class B Common Stock does not expire.

Footnote 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.

Footnote 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.

Footnote 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.

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) 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 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.

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) 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 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.

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) 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 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.

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.