Data Storage Corp insider exercises options at $1.48–$3.24 range

Rhea-AI Filing Summary

Data Storage Corp (DTST) director filed a Form 4 reporting multiple stock option exercises on 10/09/2025. The transactions converted options into common stock at exercise prices ranging from $1.48 to $3.24, with each line coded “M” for option exercise and shown as acquisitions. Following the reported transactions, the director beneficially owns 46,252 shares directly.

According to the footnotes, the exercised options were originally granted between 2022 and 2023, with several tranches vesting in full upon consummation of the divestiture of the Issuer’s CloudFirst business on September 11, 2025.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Argen John

(Last) (First) (Middle)

C/O DATA STORAGE CORPORATION

225 BROADHOLLOW ROAD, SUITE 307

(Street)

MELVILLE NY 11747

(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)
10/09/2025

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	10/09/2025		M		2,500(1)	A	$3.23(1)	37,082	D
Common Stock	10/09/2025		M		834(2)	A	$2.45(2)	37,916	D
Common Stock	10/09/2025		M		834(3)	A	$2.04(3)	38,750	D
Common Stock	10/09/2025		M		834(4)	A	$1.48(4)	39,584	D
Common Stock	10/09/2025		M		834(5)	A	$1.82(5)	40,418	D
Common Stock	10/09/2025		M		1,667(6)	A	$2.33(6)	42,085	D
Common Stock	10/09/2025		M		2,500(7)	A	$3.24(7)	44,585	D
Common Stock	10/09/2025		M		1,667(8)	A	$2.88(8)	46,252	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
Option to Purchase Stock	$3.23	10/09/2025		M			2,500(1)	(1)	(1)	Common Stock	2,500	$0	0	D
Option to Purchase Stock	$2.45	10/09/2025		M			834(2)	(2)	(2)	Common Stock	834	$0	0	D
Option to Purchase Stock	$2.04	10/09/2025		M			834(3)	(3)	(3)	Common Stock	834	$0	0	D
Option to Purchase Stock	$1.48	10/09/2025		M			834(4)	(4)	(4)	Common Stock	834	$0	0	D
Option to Purchase Stock	$1.82	10/09/2025		M			834(5)	(5)	(5)	Common Stock	834	$0	0	D
Option to Purchase Stock	$2.33	10/09/2025		M			1,667(6)	(6)	(6)	Common Stock	1,667	$0	0	D
Option to Purchase Stock	$3.24	10/09/2025		M			2,500(7)	(7)	(7)	Common Stock	2,500	$0	0	D
Option to Purchase Stock	$2.88	10/09/2025		M			1,667(8)	(8)	(8)	Common Stock	1,667	$0	0	D

Explanation of Responses:

1. Represents shares of common stock issued upon exercise of a stock option that was issued to the Reporting Person on March 31, 2022 which were fully vested on the third anniversary of the date of grant.

2. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on June 30, 2022 which were fully vested on the third anniversary of the date of grant.

3. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on September 30, 2022, the unexercised portion of which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

4. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on December 30, 2022, the unexercised portion of which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

5. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on March 31, 2023, the unexercised portion of which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

6. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on June 30, 2023, the unexercised portion of which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

7. Represents shares of common stock issued upon exercise of a stock option that was issued to the Reporting Person on September 29, 2023, which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

8. Represents shares of common stock issued upon exercise of the unexercised portion of a stock option that was issued to the Reporting Person on December 31, 2023, which vested in full immediately upon consummation of the divestiture of the Issuer's CloudFirst business on September 11, 2025.

	/s/ Wendy Schmittzeh, Attorney-in-fact for John Argen	10/14/2025
	** 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).
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FAQ

What did DTST’s insider report on Form 4?

A director reported multiple option exercises (code M) on 10/09/2025, acquiring common shares at stated exercise prices.

How many DTST shares does the insider own after the transactions?

The Form 4 shows 46,252 shares beneficially owned directly after the reported transactions.

What were the exercise prices for the DTST options?

Exercise prices listed include $3.23, $2.45, $2.04, $1.48, $1.82, $2.33, $3.24, and $2.88.

What is the reporting person’s relationship to DTST?

The reporting person is a Director.

Were the options tied to any vesting events?

Footnotes state several tranches vested in full upon the CloudFirst divestiture on September 11, 2025.

Were the shares held directly or indirectly?

The filing indicates Direct (D) ownership for the reported holdings.

Did any options remain after these exercises?

The derivative table shows 0 remaining for the exercised option lines after the transactions.