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.
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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.