Data Storage Corp director sells shares to issuer
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.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 24,752 | $5.20 | $129K |
Footnotes (1)
- F1. Represents sale of shares to issuer pursuant to issuer tender offer exempt under Rule 16b-3.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.