Data Storage Corp (DTST) director reports option exercises and share sale
Rhea-AI Filing Summary
Data Storage Corp reported that a company director carried out several equity transactions on December 11, 2025. The director exercised multiple stock options into common stock at exercise prices ranging from $1.48 to $3.24 per share, increasing their holdings before subsequent dispositions.
On the same day, 10,156 shares were disposed of at $4.96 per share to cover the option exercise cost, and an additional 10,471 shares were sold at $4.96 per share. After these transactions, the director directly owned 33,540 shares of Data Storage Corp common stock. Several of the options exercised had recently vested in full following the September 11, 2025 divestiture of the company’s CloudFirst business, and each option has a 10-year term from its grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 627 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Stock Option | 2,500 | $0.00 | -- |
| Exercise | Common Stock | 627 | $2.16 | $1K |
| Exercise | Common Stock | 2,500 | $3.23 | $8K |
| Exercise | Common Stock | 2,500 | $2.45 | $6K |
| Exercise | Common Stock | 2,500 | $2.04 | $5K |
| Exercise | Common Stock | 2,500 | $1.48 | $4K |
| Exercise | Common Stock | 2,500 | $1.82 | $5K |
| Exercise | Common Stock | 2,500 | $2.33 | $6K |
| Exercise | Common Stock | 2,500 | $3.24 | $8K |
| Exercise | Common Stock | 2,500 | $2.88 | $7K |
| Tax Withholding | Common Stock | 10,156 | $4.96 | $50K |
| Sale | Common Stock | 10,471 | $4.96 | $52K |
Footnotes (1)
- Represents shares of common stock issued upon exercise of a stock option that was issued to the Reporting Person on December 11, 2019 which were fully vested on the third anniversary of the date of grant. The Option is exercisable for a term of 10 years. 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. 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. The Option is exercisable for a term of 10 years. Represents shares of common stock issued upon exercise 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. The Option is exercisable for a term of 10 years. Represents shares withheld to cover the exercise price of the options exercised.
FAQ
What insider transaction did Data Storage Corp (DTST) report in this filing?
A Data Storage Corp director exercised multiple stock options into common stock on December 11, 2025, then had some shares withheld to cover the option exercise cost and sold additional shares.
Which stock option grants were exercised by the DTST director?
The director exercised options originally granted on December 11, 2019, March 31, 2022, June 30, 2022, September 30, 2022, December 30, 2022, March 31, 2023, June 30, 2023, September 29, 2023, and December 31, 2023, each with a 10-year option term.
How did the CloudFirst business divestiture affect the director’s stock options at Data Storage Corp?
For several grants dated in 2022 and 2023, the unexercised portion of the options vested in full immediately upon consummation of the divestiture of Data Storage Corp’s CloudFirst business on September 11, 2025.