STOCK TITAN

Data Storage Corp (DTST) director reports tender offer sale to issuer

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

Rhea-AI Filing Summary

Data Storage Corp director Lawrence A. Maglione reported a sale of 24,752 shares of common stock back to the company at $5.20 per share on January 14, 2026. The transaction was a sale to the issuer under a tender offer that is described as exempt under Rule 16b-3. Following this sale, the filing shows that Maglione directly beneficially owns 0 shares of Data Storage Corp common stock.

Positive

  • None.

Negative

  • None.
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*
Maglione Lawrence A.

(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 10% Owner
Officer (give title below) Other (specify below)
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 24,752(1) D $5.2 0 D
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.
/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 Data Storage Corp (DTST) disclose in this Form 4?

The filing reports that director Lawrence A. Maglione sold 24,752 shares of Data Storage Corp common stock back to the company in a tender offer transaction.

At what price were the Data Storage Corp (DTST) shares sold in the reported transaction?

The 24,752 shares of Data Storage Corp common stock were sold at a price of $5.20 per share.

When did the reported Data Storage Corp (DTST) insider transaction occur?

The reported sale of common stock by director Lawrence A. Maglione took place on January 14, 2026.

How many Data Storage Corp (DTST) shares does the reporting person own after this transaction?

After the reported transaction, the Form 4 shows that 0 shares of Data Storage Corp common stock are beneficially owned directly by Lawrence A. Maglione.

What is the relationship of the reporting person to Data Storage Corp (DTST)?

The reporting person, Lawrence A. Maglione, is identified in the filing as a director of Data Storage Corp.

What does the footnote say about the nature of the Data Storage Corp (DTST) transaction?

The footnote explains that the reported transaction represents a sale of shares to the issuer pursuant to an issuer tender offer exempt under Rule 16b-3.

Data Storage Corp

NASDAQ:DTST

DTST Rankings

DTST Latest News

DTST Latest SEC Filings

DTST Stock Data

32.47M
4.36M
42.25%
12.22%
3.62%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
NEW YORK