Data Storage Corp (DTST) insider boosts holdings via option exercises
Rhea-AI Filing Summary
Data Storage Corp reported that a director who is also a 10% owner exercised previously granted stock options on 12/16/2025. The insider acquired 9,804 shares at $1.96, 16,667 shares at $2.00, and 10,352 shares at $3.22 per share of common stock. Following these exercises, the reporting person beneficially owns 937,582 shares of common stock directly.
The options exercised had been issued between March 1, 2023 and January 2, 2024, and their remaining unexercised portions vested in full upon the consummation of the divestiture of the company’s CloudFirst business on September 11, 2025. The reported options were exercisable for a term of five years, and after these transactions, the specific option grants shown have been fully exercised.
Positive
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FAQ
What insider transaction did Data Storage Corp (DTST) report?
A director and 10% owner of Data Storage Corp reported exercising stock options on 12/16/2025, acquiring common shares and increasing their direct holdings.
How many Data Storage Corp (DTST) shares did the insider acquire?
The insider acquired 9,804 shares at $1.96, 16,667 shares at $2.00, and 10,352 shares at $3.22, for a total of 36,823 shares of common stock.
What is the insider’s total beneficial ownership in Data Storage Corp (DTST) after the transaction?
After the reported option exercises, the reporting person beneficially owns 937,582 shares of Data Storage Corp common stock directly.
What triggered the vesting of the Data Storage Corp (DTST) stock options?
The unexercised portions of the options vested in full immediately upon consummation of the divestiture of Data Storage Corp’s CloudFirst business on September 11, 2025.
When were the exercised Data Storage Corp (DTST) stock options originally granted?
The options exercised were originally granted on March 1, 2023, April 10, 2023, and January 2, 2024, each with a five-year exercise term.
Did the insider retain any of the specific stock option grants after these transactions?
No. After exercising 9,804, 16,667, and 10,352 underlying shares, the reported stock option positions in the table show 0 derivative securities remaining for those grants.
What roles does the reporting person have at Data Storage Corp (DTST)?
The reporting person is identified as both a Director and a 10% Owner of Data Storage Corp.