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Data Storage Corp (DTST) CEO reports issuer tender offer sales

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Data Storage Corp Chairman and CEO Charles M. Piluso reported several sales of the company’s common stock in connection with an issuer tender offer exempt under Rule 16b-3. On January 14, 2026, he disposed of 323,859 directly held shares at $5.20 per share, leaving 89,432 shares held directly. Additional sales of common stock at $5.20 per share were reported from indirect holdings through Piluso Family Associates, Piluso Family Associates LLC, and two 2012 trusts where Piluso or his spouse have roles as beneficiary or co‑trustee.

Positive

  • None.

Negative

  • None.

Insights

Large insider sales tied to an issuer tender offer, structurally neutral.

Data Storage Corp’s Chairman and CEO, Charles M. Piluso, reported multiple sales of common stock on January 14, 2026. One transaction shows the disposition of 323,859 directly held shares at $5.20 per share, with 89,432 shares remaining in his direct ownership. The filing notes that these sales were made to the issuer under an issuer tender offer exempt under Rule 16b-3.

Additional sales at $5.20 per share occurred from indirect holdings attributed to entities associated with Piluso, including Piluso Family Associates, Piluso Family Associates LLC, and the Lasata and Bella Vita 2012 trusts. Footnotes describe his and his spouse’s roles as managing members, beneficiaries, or co‑trustees, clarifying why these positions are reported as indirect beneficial ownership. The transactions appear structured within a board-approved tender offer framework, which is treated as an administrative governance event rather than a directional signal.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Piluso Charles M.

(Last) (First) (Middle)
C/O DATA STORAGE CORP
244 5TH AVENUE, SUITE 2821

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Data Storage Corp [ DTST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/14/2026 D 323,859(1) D $5.2 89,432 D
Common Stock 01/14/2026 D 16,667(1) D $5.2 0 I Piluso Family Associates(2)
Common Stock 01/14/2026 D 65,083(1) D $5.2 0 I Piluso Family Associates LLC(3)
Common Stock 01/14/2026 D 230,116(1) D $5.2 0 I The Lasata 2012 Trust date 5/4/12(4)
Common Stock 01/14/2026 D 230,116(1) D $5.2 0 I The Bella Vita 2012 Trust dated 5/4/12(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents sale of shares to issuer pursuant to issuer tender offer exempt under Rule 16b-3.
2. The Reporting Person is a Managing Member of Piluso Family Associates, together with his spouse.
3. The Reporting Person is a Managing Member of Piluso Family Associates LLC, together with his spouse.
4. The Reporting Person's spouse is the beneficiary of The Lasata 2012 Trust dated 5/4/12 (the "Lasata Trust") and the Reporting Person's spouse, together with Lawrence Maglione, a director of the Issuer, are the co-trustees of the Lasata Trust.
5. The Reporting Person is the beneficiary of The Bella Vita 2012 Trust dated 5/4/12 (the "Bella Vita Trust") and the Reporting Person, together with his spouse, are the co-trustees of the Bella Vita Trust.
/s/ Wendy Schmittzeh, Attorney-in-fact 01/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did DTST report for Charles M. Piluso?

The filing shows that Charles M. Piluso, Chairman, CEO and 10% owner of Data Storage Corp (DTST), reported several sales of common stock on January 14, 2026, including a direct sale of 323,859 shares.

At what price were the DTST shares sold in the reported transactions?

Each reported sale of Data Storage Corp common stock, including both direct and indirect holdings, was made at a price of $5.20 per share.

How many Data Storage Corp shares does Charles M. Piluso hold directly after the transactions?

After the reported issuer tender offer transactions on January 14, 2026, Charles M. Piluso directly beneficially owned 89,432 shares of Data Storage Corp common stock.

Were indirect holdings involved in the DTST insider transactions?

Yes. The filing reports sales from indirect holdings through Piluso Family Associates, Piluso Family Associates LLC, and the Lasata 2012 Trust and Bella Vita 2012 Trust, all at $5.20 per share.

What is the nature of the issuer tender offer mentioned in the DTST Form 4?

The Form 4 states that the transactions represent a sale of shares to the issuer pursuant to an issuer tender offer that is exempt under Rule 16b-3.

What roles does Charles M. Piluso hold at Data Storage Corp?

According to the filing, Charles M. Piluso is a Director, Chairman and CEO, and a 10% owner of Data Storage Corp (DTST).

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