4Filed Sep 13, 8:00 PM ET
Data Storage (DTST) Director Thomas Kempster Sells 3,500 Shares
$DTST · Data Storage CorpResearch Summary
AI-generated summary of this SEC filing
Data Storage (DTST) Director Thomas Kempster Sells 3,500 Shares
What Happened
- Thomas Kempster, a director of Data Storage Corp (DTST), disposed of 3,500 shares of common stock in an open-market sale on September 11, 2026. The reported weighted-average sale price was $2.92 per share, for total proceeds of approximately $10,238. This was a sale (not a purchase) and the filing indicates the disposition was to satisfy tax-withholding obligations.
Key Details
- Transaction date: 2026-09-11; Form 4 filed: 2026-09-14.
- Price: weighted average $2.92; individual sale prices ranged $2.90–$2.97 (see footnote).
- Shares sold: 3,500; total value ≈ $10,238.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — shares sold to satisfy the reporting person's tax withholding obligations. F2 — reported price is a weighted average; reporting person can provide per-trade breakdown on request.
- Filing timeliness: Form 4 was filed three days after the transaction date per the filing header (no late-filing flag provided in the excerpt).
Context
- The sale was to cover tax withholding — a routine administrative transaction that does not necessarily indicate a change in the director’s view of the company. Sales for tax withholding are common and typically less informative about insider sentiment than discretionary purchases.