Sharps Technology, Inc. (STSS) — Schedule 13G/A amendment reporting beneficial ownership by Saba Capital and related persons. The amendment states the Reporting Persons share voting and dispositive power over 3,050,450 shares, representing 6.95% of the class based on 42,322,168 shares outstanding as of May 8, 2026 plus 1,538,462 shares issuable upon exercise of certain warrants. The filing identifies Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein as joint filers and notes the funds and accounts advised by Saba Capital have rights to dividends and sale proceeds.
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Insights
Saba reports a non-controlling, disclosed stake of 6.95% in Sharps Technology using joint filing mechanics.
The cover data shows 3,050,450 shares in shared voting and dispositive power across the Reporting Persons, calculated against an explicit denominator of 42,322,168 shares outstanding as of May 8, 2026 plus 1,538,462 warrants. The filing uses a Joint Filing Agreement dated January 15, 2026.
Cash-flow treatment and any planned transactions are not described in the excerpt; subsequent disclosures or Form 4 filings would show trades or exercises if they occur. Ownership is presented as aggregated shared power across Saba entities and Mr. Weinstein.
Key Figures
Shared voting/dispositive power:3,050,450 sharesOwnership percentage:6.95%Shares outstanding (denominator):42,322,168 shares+1 more
4 metrics
Shared voting/dispositive power3,050,450 sharesreported shared power by the Reporting Persons
Ownership percentage6.95%calculated using stated denominator including warrants
Shares outstanding (denominator)42,322,168 sharesas of May 8, 2026 per filing note
Warrants issuable included1,538,462 sharesshares issuable upon exercise of certain warrants held by the Reporting Persons
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Joint Filing Agreementregulatory
"Joint Filing Agreement, dated January 15, 2026"
Beneficially ownedfinancial
"Amount beneficially owned: The information required by Items 4(a) - (c) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Warrants issuable upon exercisefinancial
"1,538,462 Shares issuable upon the exercise of certain warrants"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Saba Capital report in Sharps Technology (STSS)?
Saba Capital reports shared voting and dispositive power over 3,050,450 shares, representing 6.95% of the class calculated per the filing's denominator.
How was the 6.95% ownership percentage calculated for STSS?
The percentage uses 42,322,168 shares outstanding as of May 8, 2026 plus 1,538,462 shares issuable upon exercise of certain warrants held by the Reporting Persons, per the cover-page note.
Who are the Reporting Persons named in the amendment for STSS?
The Reporting Persons are Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein, filing jointly under a January 15, 2026 agreement.
Do the Reporting Persons claim sole control over the reported shares?
No; the cover page lists 0.00 for sole voting and dispositive power and 3,050,450 for shared voting and dispositive power, indicating shared control.
Are warrants included in the ownership calculation for STSS?
Yes; the filing explicitly includes 1,538,462 shares issuable upon exercise of certain warrants held by the Reporting Persons in the denominator used to compute 6.95%.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Sharps Technology, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 and Warrants
(Title of Class of Securities)
82003F101
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
82003F101
1
Names of Reporting Persons
Saba Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,050,450.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,050,450.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,050,450.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.95 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 42,322,168 Shares outstanding as of May 8, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 14, 2026 plus (ii) 1,538,462 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
CUSIP Number(s):
82003F101
1
Names of Reporting Persons
Boaz R. Weinstein
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,050,450.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,050,450.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,050,450.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.95 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 42,322,168 Shares outstanding as of May 8, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 14, 2026 plus (ii) 1,538,462 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
CUSIP Number(s):
82003F101
1
Names of Reporting Persons
Saba Capital Management GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,050,450.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,050,450.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,050,450.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.95 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 42,322,168 Shares outstanding as of May 8, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 14, 2026 plus (ii) 1,538,462 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Sharps Technology, Inc.
(b)
Address of issuer's principal executive offices:
105 Maxess Road, Melville, NEW YORK 11747
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated January 15, 2026, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.0001 and Warrants
(e)
CUSIP No.:
82003F101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not Applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
Not Applicable
(iii) Sole power to dispose or to direct the disposition of:
Not Applicable
(iv) Shared power to dispose or to direct the disposition of:
Not Applicable
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
05/15/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
05/15/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
05/15/2026
Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015
