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Piluso Charles M.'s Form 4/A amendment

Amended

Data Storage Corp (DTST) · filed Sep 15, 2025

Accession no.
0001731122-25-001259
Filed
Sep 15, 2025
Trade date
Mar 28, 2025
Filing delay
171 days
Rule 10b5-1 plan
Checked
Original filed
Apr 1, 2025

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $12.0K. It was filed 171 days after the trade.

This amendment replaces 0001731122-25-000503 (filed Apr 1, 2025).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Piluso Charles M.CIK 0001448428Director, Officer (Chairman and CEO), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 28, 2025Common StockSSaleDisposed−3,390$3.55F2−$12,034.5392,243Direct
Mar 28, 2025Common StockMOption exerciseAcquired+9,416–F4–401,659Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 28, 2025Common StockMOption exerciseDisposed−9,416$0.00$09,417Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations of Charles M. Piluso (the "Reporting Person").

F2

The price reported is a weighted average price. These shares were disposed in multiple transactions at prices ranging from $3.50 through $3.65 (the "Range"), inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the Range.

Referenced by the price of 1 transaction in Table I.

F3

Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

F4

This amendment to Form 4 is being filed to disclose the vesting of RSUs which was inadvertently omitted from the original Form 4 filed by the Reporting Person on April 1, 2025 (the "Original Form 4"), which vesting resulted in the sale of common stock to satisfy tax withholding obligations previously reported on the Original Form 4. These RSUs were granted to the Reporting Person on March 28, 2023 and vest over a three year period, in equal installments on March 28, 2024, March 28, 2025 and March 28, 2026.

Referenced by the price of 1 transaction in Table I.

F5

The Reporting Person is a Managing Member of Piluso Family Associates, together with his spouse. The Reporting Person is a Managing Member of Piluso Family Associates LLC, together with his spouse.

F6

The Reporting Person's spouse is the beneficiary of The Lasata 2012 Trust dated 5/4/12 (the "Lasata Trust") and the Reporting Person's spouse, together with Lawrence Maglione, a director of the Issuer, are the co-trustees of the Lasata Trust.

F7

The Reporting Person is the beneficiary of The Bella Vita 2012 Trust dated 5/4/12 (the "Bella Vita Trust") and the Reporting Person, together with his spouse, are the co-trustees thereof.

Read the full filing on SEC EDGAR (opens in a new tab)