Data Storage director sells 3K shares at $2.97
DTST director John Argen sold shares mainly to cover tax withholding, retaining 19,000 shares afterward.
Rhea-AI Filing Summary
Data Storage Corp (DTST) director John Argen reported selling 3,000 shares of common stock on September 10, 2026, in a transaction described as a sale to satisfy his tax withholding obligations. The weighted average sale price was about $2.97 per share, based on multiple trades between $2.96 and $3.00, and he held 19,000 shares directly after this transaction. No Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Argen John
Role
Director
Sold
3,000 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 3,000 | $2.97 | $9K |
Holdings After Transaction:
Common Stock — 19,000 shares (Direct)
Footnotes (2)
- F1. Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations of John Argen (the "Reporting Person").
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.96 through $3.00. The Reporting Person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 3,000 shares
Weighted average sale price: $2.97 per share
Price range of trades: $2.96–$3.00 per share
+2 more
5 metrics
Shares sold
3,000 shares
Common stock sale reported for September 10, 2026
Weighted average sale price
$2.97 per share
Weighted average of multiple trades between $2.96 and $3.00
Price range of trades
$2.96–$3.00 per share
Range of prices for the 3,000 shares sold on September 10, 2026
Shares held after transaction
19,000 shares
Direct ownership of DTST common stock after the reported sale
Net shares sold
3,000 shares
Net selling activity across all transactions in this Form 4
Key Terms
weighted average price, tax withholding obligations, common stock
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"shares of the Issuer's common stock sold to satisfy tax withholding obligations"
common stock financial
"Represents shares of the Issuer's common stock sold"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DTST director John Argen report?
He reported a sale of 3,000 DTST common shares on September 10, 2026, described as being made to satisfy his tax withholding obligations, with a weighted average price of about $2.97 per share and multiple trades between $2.96 and $3.00.
What type of security did John Argen trade in this DTST Form 4?
The reported transaction involves DTST common stock as a non-derivative security. No derivative securities are listed in the derivative transaction or holdings sections of this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.