Data Storage Corp (DTST) director sale in tender offer at $5.20 per share
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Data Storage Corp reported an insider share sale by director Nancy Stallone. On 01/14/2026, she disposed of 11,248 shares of common stock at $5.20 per share, according to a Form 4 filing. The transaction was coded as a disposition and left her with 0 shares beneficially owned.
The filing explains that the sale represents shares sold to the issuer in connection with an issuer tender offer exempt under Rule 16b-3, meaning the company itself was the buyer rather than open-market purchasers. The ownership is reported as held directly by Nancy Stallone.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stallone Nancy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 11,248 | $5.20 | $58K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did DTST report in this Form 4?
The Form 4 reports that director Nancy Stallone sold 11,248 shares of Data Storage Corp common stock on 01/14/2026 at $5.20 per share.
Who is the reporting person in the DTST Form 4 filing?
The reporting person is Nancy Stallone, who is identified as a director of Data Storage Corp.
Was the DTST insider sale part of a tender offer?
Yes. A footnote states the transaction represents sale of shares to the issuer pursuant to an issuer tender offer exempt under Rule 16b-3.