STOCK TITAN

Data Storage Corp (DTST) director tender sale and share corrections

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Data Storage Corp director and 10% owner Harold J. Schwartz reported significant share sales and ownership corrections. On January 14, 2026, he disposed of 888,376 shares of common stock at $5.20 per share in a sale to the company under an issuer tender offer exempt under Rule 16b-3, leaving him with 28,471 shares held directly.

On the same date, 7,500 shares of common stock were disposed of at $5.20 per share by Systems Trading, Inc., an entity owned by Schwartz, which then held no shares. The filing also corrects prior reports: earlier forms had overstated his beneficial ownership by 20,735 shares and had omitted the 7,500 shares indirectly held through Systems Trading, Inc.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Schwartz Harold J

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

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Data Storage Corp [ DTST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/14/2026 D 888,376(1) D $5.2 28,471(2) D
Common Stock 01/14/2026 D 7,500(3)(4) D $5.2 0 I Systems Trading, Inc.(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents sale of shares to issuer pursuant to issuer tender offer exempt under Rule 16b-3.
2. Reflects a correction to the number of shares owned by the reporting person. Due to an administrative oversight, the reporting person's number of securities beneficially owned following the reported transaction in Item 5 of Table I in prior Form 4s was overstated by 20,735 shares.
3. Reflects indirect holding of 7,500 shares of common stock that were inadvertently excluded from previous reports filed by the reporting person.
4. Systems Trading, Inc. is a company owned by the reporting person and of which the reporting person currently serves as Chief Executive Officer and President.
/s/ Wendy Schmittzeh, Attorney-in-fact 01/16/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did DTST director Harold J. Schwartz report?

Harold J. Schwartz reported disposing of 888,376 shares of Data Storage Corp common stock at $5.20 per share, plus an additional 7,500 shares at $5.20 per share through Systems Trading, Inc.

How many Data Storage Corp (DTST) shares does Harold J. Schwartz hold after the transactions?

Following the reported transactions, Harold J. Schwartz beneficially owns 28,471 shares of Data Storage Corp common stock directly and no shares indirectly through Systems Trading, Inc.

Was the DTST insider sale part of a tender offer?

Yes. The 888,376-share disposal by Harold J. Schwartz represents a sale of shares to the issuer pursuant to an issuer tender offer that is exempt under Rule 16b-3.

What role did Systems Trading, Inc. play in the DTST Form 4 filing?

Systems Trading, Inc., a company owned by Harold J. Schwartz where he is Chief Executive Officer and President, disposed of 7,500 shares of DTST common stock indirectly owned, at $5.20 per share.

What ownership corrections were disclosed in this DTST Form 4?

The filing states prior reports had overstated Schwartz's beneficial ownership by 20,735 shares and had inadvertently excluded an indirect holding of 7,500 shares through Systems Trading, Inc.

What is Harold J. Schwartz’s relationship to Data Storage Corp (DTST)?

Harold J. Schwartz is disclosed as a Director and a 10% Owner of Data Storage Corp.

Data Storage

NASDAQ:DTSTW

DTSTW Rankings

DTSTW Latest News

DTSTW Latest SEC Filings

DTSTW Stock Data

1.60M
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
NEW YORK