Saba Capital trims Sharps Technology (STSS) stake with January stock sales

Rhea-AI Filing Summary

Sharps Technology Inc. large shareholder Saba Capital Management, L.P. reported two sales of the company’s common stock. On January 13, 2026, Saba Capital sold 29,777 shares at a price of $2.19 per share. On January 14, 2026, it sold another 77,688 shares at $2.25 per share. After these indirect transactions, Saba Capital reported beneficial ownership of 1,626,858 shares following the first sale and 1,549,170 shares following the second sale.

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

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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^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NY 10174

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sharps Technology Inc. [ STSS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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	01/13/2026		S		29,777	D	$2.19	1,626,858	I	-
Common Stock	01/14/2026		S		77,688	D	$2.25	1,549,170	I	-

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:

	Saba Capital Management, L.P. By: Zachary Gindes	01/15/2026
	Boaz Weinstein	01/15/2026
	** 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.
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FAQ

Who reported insider transactions in Sharps Technology (STSS)?

Saba Capital Management, L.P., a 10% owner of Sharps Technology Inc., reported the transactions.

What type of securities did Saba Capital sell in STSS?

Saba Capital sold common stock of Sharps Technology Inc., reported as indirect beneficial ownership.

How many Sharps Technology shares did Saba Capital sell on January 13, 2026?

On January 13, 2026, Saba Capital sold 29,777 shares of Sharps Technology common stock at $2.19 per share.

How many Sharps Technology shares did Saba Capital sell on January 14, 2026?

On January 14, 2026, Saba Capital sold 77,688 shares of Sharps Technology common stock at $2.25 per share.

How many Sharps Technology shares did Saba Capital own after these sales?

After the reported sales, Saba Capital reported indirect beneficial ownership of 1,626,858 shares following the January 13 sale and 1,549,170 shares following the January 14 sale.

Is Saba Capital a director or officer of Sharps Technology?

No. The filing identifies Saba Capital as a 10% owner of Sharps Technology Inc., not as a director or officer.