AULT MILTON C III 4
4 · UNIVERSAL SAFETY PRODUCTS, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Universal Safety (UUU) 10% Owner Milton Ault Buys 5,407 Shares
What Happened
Milton C. Ault III, a reported 10% owner of Universal Safety Products, Inc. (UUU), made open-market purchases of common stock on March 17–18, 2026. He acquired a total of 5,407 shares: 200 shares at $6.11 ($1,222), 3,207 shares at $5.94 ($19,044) on March 17, and 2,000 shares at $6.35 ($12,700) on March 18, for aggregate cash outlay of $32,966. These were purchases (code P), which are buy transactions rather than sales.
Key Details
- Transaction dates and amounts:
- 2026-03-17: 200 shares @ $6.11 = $1,222 (open market)
- 2026-03-17: 3,207 shares @ $5.94 = $19,044 (open market)
- 2026-03-18: 2,000 shares @ $6.35 = $12,700 (open market)
- Total purchased: 5,407 shares for $32,966.
- Footnotes of note:
- F1: March 17 purchases have a volume-weighted average price of $6.1099; intraday price range $6.0616–$6.1582. Reporting person can provide per-price breakdown on request.
- F2–F4: Various entities (Ault Lending/Ault & Co./Alpha Fund) are disclosed as connected holdings; Mr. Ault may be deemed to beneficially own securities held by those entities due to his roles.
- Shares owned after the transactions: not specified in the provided filing details.
- Filing timeliness: Form 4 filed 2026-03-19 for transactions on 2026-03-17–18; no late filing indicated in the available data.
Context
These were straightforward open-market purchases by a 10% owner rather than an option exercise or grant. For retail investors, purchases can be viewed as the insider putting personal capital into the company, but they do not by themselves explain motivation. The filing discloses related entities through which Mr. Ault may have additional beneficial ownership—important when assessing his total stake.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-17$6.11/sh+200$1,222→ 1,600 total - Purchase
Common Stock
[F2]2026-03-17$5.94/sh+3,207$19,044→ 634,839 total(indirect: By LLC) - Purchase
Common Stock
[F2]2026-03-18$6.35/sh+2,000$12,700→ 636,839 total(indirect: By LLC)
- 15,000(indirect: By Alpha Structured Finance LP)
Common Stock
[F3] - 6,000(indirect: By Ault & Company, Inc.)
Common Stock
[F4]
Footnotes (4)
- [F1]The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $6.1099. The range of purchase prices on the transaction date was $6.0616 to $6.1582 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F2]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.
- [F3]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.
- [F4]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.