Sharps Technology (NASDAQ: STSS) board approves new stock buyback plan

Rhea-AI Filing Summary

Sharps Technology, Inc. disclosed that its Board of Directors has authorized a stock repurchase program. This program allows the company to buy back its common shares in the open market and through negotiated transactions, which can reduce the number of shares available in the market over time. The announcement was made via a press release dated October 2, 2025, which is included as an exhibit to the report.

Insights

Equity Capital Markets Analyst

Sharps Technology’s board approved a flexible share repurchase program, but no size or timing details are disclosed.

The company’s Board of Directors has authorized a stock repurchase program, permitting Sharps Technology to buy back its common shares in the open market and in negotiated transactions. Such programs are often used to manage the share count or signal confidence, but here only the existence of the authorization and permitted transaction types are described.

The absence of disclosed limits, duration, or execution conditions in this excerpt means the potential scale and pace of repurchases are unclear. Actual impact will depend on how actively the company uses this authorization, which would typically become clearer through future press releases or periodic reports.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 2, 2025

SHARPS TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

Nevada		001-41355		82-3751728
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer Identification No.)

105 Maxess Road, Suite 124,

Melville, NY 11747

(Address of principal executive office) (Zip Code)

(631) 574-4436

(Registrants’ telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001		STSS		Nasdaq Capital Market
Common Stock Purchase Warrants		STSSW		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On October 2, 2025, Sharps Technology, Inc. (the “Company”) issued a press release announcing that its Board of Directors has authorized a stock repurchase program, which enables the Company to repurchase its shares in the open market and in negotiated transactions.

The Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release, dated October 2, 2025
104		The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Sharps Technology, Inc.
Dated: October 7, 2025	By:	/s/ Paul K. Danner
	Name:	Paul K. Danner
	Title:	Principal Executive Officer

FAQ

What did Sharps Technology (STSS) announce in this 8-K?

Sharps Technology, Inc. announced that its Board of Directors has authorized a stock repurchase program, allowing the company to repurchase its shares in the open market and through negotiated transactions.

When did Sharps Technology authorize the stock repurchase program?

The company issued a press release on October 2, 2025 announcing that its Board of Directors had authorized the stock repurchase program.

How will Sharps Technology be able to repurchase its shares under the program?

The authorization enables Sharps Technology to repurchase its common stock in the open market and in negotiated transactions, providing flexibility in how buybacks may be executed.

Where can investors find more details on the Sharps Technology buyback?

Additional information is contained in the company’s press release dated October 2, 2025, which is attached as Exhibit 99.1 to the report.

Which securities of Sharps Technology are listed on Nasdaq?

Sharps Technology’s Common Stock trades under the symbol STSS and its Common Stock Purchase Warrants trade under the symbol STSSW on the Nasdaq Capital Market.

Does the filing specify the size of Sharps Technology’s repurchase program?

This excerpt notes only that a stock repurchase program was authorized and does not state an amount or limit for potential repurchases.