Data Storage Corp (DTST) director sells 57,207 in tender offer
Rhea-AI Filing Summary
Data Storage Corp director John Argen reported selling 57,207 shares of the company’s common stock on January 14, 2026. The shares were sold to the issuer in a tender offer that is described as exempt under Rule 16b-3, meaning the transaction was with the company rather than in the open market, at a price of $5.20 per share. Following this sale, Argen reported owning zero shares of Data Storage Corp common stock. The reported transaction amount also includes 10,955 shares that had been inadvertently left out of his previous ownership reports.
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FAQ
What insider transaction did Data Storage Corp (DTST) report in this filing?
The filing shows that director John Argen sold 57,207 shares of Data Storage Corp common stock on January 14, 2026 at $5.20 per share.
Who was the buyer of the shares sold by director John Argen at Data Storage Corp (DTST)?
The 57,207 shares of common stock were sold to Data Storage Corp itself in an issuer tender offer described as exempt under Rule 16b-3.
How many Data Storage Corp (DTST) shares does John Argen own after this transaction?
After the reported issuer tender offer on January 14, 2026, director John Argen reported owning 0 shares of Data Storage Corp common stock.
What is notable about the 57,207 shares reported in this Data Storage Corp (DTST) Form 4?
The 57,207 shares include 10,955 shares of common stock that had been inadvertently excluded from director John Argen’s prior ownership reports.
Were there any derivative securities reported for John Argen in this Data Storage Corp (DTST) filing?
No derivative securities were reported for director John Argen in this filing; only a transaction in common stock appears.