Welcome to our dedicated page for Data Storage SEC filings (Ticker: DTST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Data Storage Corporation (DTST) SEC filings page provides direct access to the company’s regulatory disclosures, including current reports, notifications, and other documents filed with the U.S. Securities and Exchange Commission. These filings explain how DTST has transformed its business through the divestiture of its cloud solutions operations and how it is reallocating capital toward telecommunications, AI, GPU infrastructure, and cybersecurity-related opportunities.
Key documents include multiple Form 8-K filings that describe the sale of the CloudFirst business, post-closing adjustment mechanisms, shareholder approval of the divestiture, and the resulting change in DTST’s operating profile. Other 8-Ks detail the company’s tender offer to repurchase a specified number of common shares for cash, the repurchase of July 2021 warrants triggered by the cloud solutions sale, and press releases furnishing quarterly financial information.
Investors can also review Form 12b-25 (NT 10-Q), where Data Storage Corporation explains timing for filing a quarterly report and discusses the expected impact of the cloud solutions sale on results of operations, including anticipated changes in income from discontinued operations and net income. Together, these filings provide context on how the company accounts for the divestiture, manages its capital structure, and communicates significant corporate events.
On Stock Titan, DTST filings are updated as they are released on EDGAR, and AI-powered summaries help clarify the purpose and implications of each document. Users can quickly see which filings relate to major transactions, capital returns such as the tender offer, or ongoing reporting obligations. This page is a useful starting point for understanding Data Storage Corporation’s regulatory history, strategic repositioning, and the formal disclosures that support its stated focus on recurring-revenue technology-enabled services.
Data Storage Corporation reported Q3 2025 results highlighting the completed sale of its Cloud Solutions business for a $40.0 million base price, generating a pre-tax gain of $24.8 million and a net gain of about $17.5 million. Net income attributable to common stockholders was $16.8 million for the quarter and $16.1 million year-to-date, driven almost entirely by this divestiture, while continuing operations (its Nexxis telecom unit) remained unprofitable.
Continuing-operations sales rose to $416,956 in Q3 (up 28.2%), with gross margin improving to 47.6%, but higher non‑cash stock‑based compensation pushed a loss from operations of $1.1 million. As of September 30, 2025, the company held $45.5 million in marketable securities and working capital of $46.7 million, reflecting the cash proceeds from the sale.
The Board plans a tender offer in which it expects to use 85% of cash on hand to repurchase up to 85% of outstanding common shares, and is evaluating additional strategic uses of remaining proceeds, including acquisitions in high‑growth technology sectors. Management disclosed a material weakness in internal control over financial reporting related to accounting and tax analysis for this complex divestiture and outlined remediation steps.
Data Storage Corporation (DTST) filed a Form 12b-25 to notify a late filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. The company cites a delay in obtaining and compiling information and needs additional time to finalize its financial statements.
The company expects a significant change in results versus the quarter ended September 30, 2024. Management anticipates an increase in net income and earnings per share for the quarter, primarily from the gain recognized on the divestiture of its cloud solutions business, which closed on September 11, 2025, and from the receipt of cash proceeds. The company also expects a decrease in income from discontinued operations as a result of the sale and is continuing to evaluate the accounting effects of the transaction.
Data Storage Corporation repurchased certain July 2021 warrants following a fundamental transaction. The company paid $2,049,388 to holders to buy back July 2021 Warrants that were exercisable for an aggregate of 858,750 shares of common stock.
The repurchase right was triggered by the consummation of the company’s sale of its cloud solutions business on September 11, 2025, and the window for holders to request repurchase expired on October 13, 2025. This action removes those specific warrants that could have been exercised for additional shares and results in a cash outflow equal to the stated repurchase amount.
Data Storage Corp (DTST) director filed a Form 4 reporting multiple stock option exercises on 10/09/2025. The transactions converted options into common stock at exercise prices ranging from $1.48 to $3.24, with each line coded “M” for option exercise and shown as acquisitions. Following the reported transactions, the director beneficially owns 46,252 shares directly.
According to the footnotes, the exercised options were originally granted between 2022 and 2023, with several tranches vesting in full upon consummation of the divestiture of the Issuer’s CloudFirst business on September 11, 2025.
Data Storage Corporation has completed the sale of its cloud solutions business, representing substantially all of its assets, to Total Server Solutions Holdings for a purchase price of
After this divestiture, the cloud business is no longer part of the company’s operations, and its only remaining operating subsidiary is Nexxis, Inc., a telecommunications and data access business that generated approximately
Harold J. Schwartz, who serves as a director, president and a >10% owner of Data Storage Corp (DTST), reported the vesting and conversion of two restricted stock unit awards into common stock on September 11, 2025. Two RSU grants—one from March 1, 2023 for 4,902 shares and one from April 10, 2023 for 8,334 shares—vested in full upon the consummation of the divestiture of the company’s CloudFirst business and converted one-for-one into common shares, a total of 13,236 shares issued to the reporting person. Following these transactions the reported beneficial ownership totals shown are 892,425 shares after the first conversion and 900,759 shares after the second conversion. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on September 15, 2025.
Data Storage Corp (DTST) insider filing shows automatic vesting of restricted stock units upon a business divestiture and a correction to previously reported ownership. The reporting person, Charles M. Piluso, had two RSU awards convert one-for-one into common stock on 09/11/2025, totaling 9,804 and 9,417 shares (combined 19,221 shares) that vested immediately upon consummation of the divestiture of the Company’s CloudFirst business. The Form 4 lists multiple direct and indirect holdings, including interests through Piluso Family Associates (16,667 shares), Piluso Family Associates LLC (65,083 shares), The Lasata 2012 Trust (230,116 shares) and The Bella Vita 2012 Trust (230,116 shares).
The filing notes an adjustment correcting an immaterial error in the previously reported post-transaction beneficial ownership amount disclosed on a prior Form 4 filed 06/11/2025.
Panagiotakos Christos, Chief Financial Officer of Data Storage Corp (DTST), acquired shares through the vesting of restricted stock units tied to the company’s divestiture of its CloudFirst business. On 09/11/2025 two RSU grants vested upon consummation of the divestiture: 4,902 RSUs granted March 1, 2023 and 5,565 RSUs granted March 28, 2023. Each RSU converts one-for-one into common stock; the filing reports resulting beneficial ownership figures of 45,995 and 51,560 shares following those transactions. The Form 4 was signed by an attorney-in-fact on 09/15/2025.
Data Storage Corp reporting officer and director Thomas Kempster received vesting of restricted stock units that converted into common stock upon a corporate divestiture. Two RSU awards totaling 13,236 shares (4,902 and 8,334) vested and were reported as acquired on 09/11/2025, with the Reporting Person's beneficial ownership increasing to 878,818 shares following the transactions. The filings state these RSUs were granted on 03/01/2023 and 04/10/2023 and vested in full immediately upon consummation of the divestiture of the Issuer’s CloudFirst business.
Charles M. Piluso, Chairman and CEO of Data Storage Corp (DTST), filed an amended Form 4 disclosing transactions on 03/28/2025. The amendment reports that 3,390 shares of common stock were sold to satisfy tax withholding at a weighted-average price of $3.55 (individual sale prices ranged from $3.50 to $3.65). The filing also discloses the vesting of 9,416 restricted stock units (RSUs) that converted one-for-one into common stock, increasing the Reporting Person’s direct holdings to 401,659 shares. The filing details additional indirect holdings: 16,667 shares via Piluso Family Associates, 65,083 via Piluso Family Associates LLC, and 230,116 each through two trusts, for significant aggregate indirect ownership.