STOCK TITAN

Data Storage Corp (DTST) director reports option exercises and share sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.
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*
Correll Todd 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)
12/11/2025
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 12/11/2025 M 627(1) A $2.16 34,167 D
Common Stock 12/11/2025 M 2,500(2) A $3.23 36,667 D
Common Stock 12/11/2025 M 2,500(3) A $2.45 39,167 D
Common Stock 12/11/2025 M 2,500(4) A $2.04 41,667 D
Common Stock 12/11/2025 M 2,500(5) A $1.48 44,167 D
Common Stock 12/11/2025 M 2,500(6) A $1.82 46,667 D
Common Stock 12/11/2025 M 2,500(7) A $2.33 49,167 D
Common Stock 12/11/2025 M 2,500(8) A $3.24 51,667 D
Common Stock 12/11/2025 M 2,500(9) A $2.88 54,167 D
Common Stock 12/11/2025 F 10,156(10) D $4.96 44,011 D
Common Stock 12/11/2025 S 10,471 D $4.96 33,540 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
Stock Option $2.16 12/11/2025 M 627 (1) (1) Common Stock 627 $0 0 D
Stock Option $3.23 12/11/2025 M 2,500 (2) (2) Common Stock 2,500 $0 0 D
Stock Option $2.45 12/11/2025 M 2,500 (3) (3) Common Stock 2,500 $0 0 D
Stock Option $2.04 12/11/2025 M 2,500 (4) (4) Common Stock 2,500 $0 0 D
Stock Option $1.48 12/11/2025 M 2,500 (5) (5) Common Stock 2,500 $0 0 D
Stock Option $1.82 12/11/2025 M 2,500 (6) (6) Common Stock 2,500 $0 0 D
Stock Option $2.33 12/11/2025 M 2,500 (7) (7) Common Stock 2,500 $0 0 D
Stock Option $3.24 12/11/2025 M 2,500 (8) (8) Common Stock 2,500 $0 0 D
Stock Option $2.88 12/11/2025 M 2,500 (9) (9) Common Stock 2,500 $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 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. Represents shares withheld to cover the exercise price of the options exercised.
/s/ Wendy Schmittzeh, Attorney-in-fact 12/15/2025
** 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).
** 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) 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.

When did the DTST director sell shares and at what price?

The director sold 10,471 shares of Data Storage Corp common stock on December 11, 2025 at a price of $4.96 per share.

How many Data Storage Corp shares does the director own after these transactions?

Following the reported option exercises, withholdings, and sale, the director directly owned 33,540 shares of Data Storage Corp common stock.

What happened to the 10,156 Data Storage Corp shares disposed of at $4.96?

The 10,156 shares disposed of at $4.96 per share represent shares withheld to cover the exercise price of the options that were exercised.

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.

Data Storage Corp

NASDAQ:DTST

DTST Rankings

DTST Latest News

DTST Latest SEC Filings

DTST Stock Data

9.41M
4.36M
42.25%
12.22%
3.62%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
NEW YORK