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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.

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. F1. Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations of John Argen (the "Reporting Person").
  2. 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.
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
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.

Why did John Argen sell 3,000 shares of DTST?

The filing states the 3,000 DTST shares were sold to satisfy tax withholding obligations of reporting person John Argen, indicating the sale was linked to covering tax liabilities rather than a discretionary portfolio trade.

What price did John Argen receive for the DTST shares sold?

The sale was reported at a weighted average price of about $2.97 per share. Footnotes explain the 3,000 shares were sold in multiple transactions at prices ranging from $2.96 through $3.00 on September 10, 2026.

How many DTST shares does John Argen hold after this transaction?

After selling 3,000 shares, John Argen directly holds 19,000 shares of DTST common stock, as reported in the post-transaction holdings column of the Form 4.

Was John Argen’s DTST share sale under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes do not state that the September 10, 2026 sale was made under any Rule 10b5-1 or pre-arranged trading plan.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Argen John

(Last)(First)(Middle)
C/O DATA STORAGE CORPORATION
244 5TH AVENUE, SUITE 2821

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Data Storage Corp [ DTST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/10/2026S3,000(1)D$2.97(2)19,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations of John Argen (the "Reporting Person").
2. 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.
/s/ Wendy Schmittzeh, Attorney-in-fact for John Argen09/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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