Welcome to our dedicated page for Data Storage SEC filings (Ticker: DTST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Data Storage Corporation (DTST) SEC filings page provides direct access to the company’s regulatory disclosures, including current reports, notifications, and other documents filed with the U.S. Securities and Exchange Commission. These filings explain how DTST has transformed its business through the divestiture of its cloud solutions operations and how it is reallocating capital toward telecommunications, AI, GPU infrastructure, and cybersecurity-related opportunities.
Key documents include multiple Form 8-K filings that describe the sale of the CloudFirst business, post-closing adjustment mechanisms, shareholder approval of the divestiture, and the resulting change in DTST’s operating profile. Other 8-Ks detail the company’s tender offer to repurchase a specified number of common shares for cash, the repurchase of July 2021 warrants triggered by the cloud solutions sale, and press releases furnishing quarterly financial information.
Investors can also review Form 12b-25 (NT 10-Q), where Data Storage Corporation explains timing for filing a quarterly report and discusses the expected impact of the cloud solutions sale on results of operations, including anticipated changes in income from discontinued operations and net income. Together, these filings provide context on how the company accounts for the divestiture, manages its capital structure, and communicates significant corporate events.
On Stock Titan, DTST filings are updated as they are released on EDGAR, and AI-powered summaries help clarify the purpose and implications of each document. Users can quickly see which filings relate to major transactions, capital returns such as the tender offer, or ongoing reporting obligations. This page is a useful starting point for understanding Data Storage Corporation’s regulatory history, strategic repositioning, and the formal disclosures that support its stated focus on recurring-revenue technology-enabled services.
Data Storage Corporation filed its annual report detailing a major business transformation, a financial restatement, and control issues. The company sold its CloudFirst business for $38.1 million in cash, generating about $31.6 million in net proceeds, and then used most of those funds to repurchase 5.6 million shares at $5.20 per share via a tender offer, leaving 2,167,138 shares outstanding and over $10 million in cash.
After the sale, operations center on its Nexxis telecom and data subsidiary while the board evaluates acquisitions in high‑growth areas such as AI and cybersecurity or a possible sale or merger. The report includes a restatement tied to misclassifying a $2.46 million warrant liability and discloses a material weakness in internal control over financial reporting, which management is working to remediate. Net income attributable to common shareholders was $19.2 million in 2025, largely driven by the divestiture.
Data Storage Corporation reported fiscal 2025 results highlighted by record net income of $19.2 million, largely driven by the $40 million divestiture of its CloudFirst business. The company returned $29.3 million to shareholders via a tender offer and ended 2025 debt-free with over $10 million in capital.
Continuing operations are now focused on Nexxis, which generated $1.4 million in revenue, up 13.4% year over year, with gross margin expanding to 44.4%. Despite a $0.9 million loss from continuing operations, earnings per share surged to $2.64 from $0.08 as discontinued operations produced substantial gains.
Management describes DTST as a streamlined Nasdaq-listed platform with capital and strategic flexibility to pursue acquisitions in high-growth technology areas such as AI-enabled SaaS, GPU infrastructure, cybersecurity, and scalable, recurring-revenue services, and is actively advancing related initiatives.
Data Storage Corporation notified the SEC that it cannot timely file its Annual Report on Form 10-K for the year ended December 31, 2025. The delay is due to additional time needed to finalize financial statements after the September 11, 2025 sale of substantially all assets of the company’s cloud solutions business. The cloud solutions business will be reported as discontinued operations, and continuing operations will reflect the results of subsidiary Nexxis, Inc. The company expects higher sales, cost of sales, SG&A and an increase in net income tied to the sale; the financial statements are not yet finalized and quantitative amounts are not provided.
Data Storage Corp Chief Financial Officer Christos Panagiotakos reported equity awards that increase his direct ownership stake. He received stock options for 125,000 shares at an exercise price of $0.0000 per share and a grant of 60,000 shares of common stock underlying restricted stock units.
Both the options and RSUs vest in three equal installments on May 20, 2027, May 20, 2028, and May 20, 2029. After the common stock award, his directly held common shares total 100,507, aligning his compensation more closely with shareholder outcomes over a multi-year period.
Data Storage Corp reported that Chairman and CEO Charles M. Piluso received new equity awards on February 13, 2026. He was granted stock options for 250,000 shares, which vest in three equal parts on May 20, 2027, May 20, 2028, and May 20, 2029, with an exercise price set at 110% of the closing share price on the grant date. He also received a restricted stock unit award covering 60,000 shares of common stock, vesting one-third on each of May 20, 2027, May 20, 2028, and May 20, 2029; these units convert into common stock on a one-for-one basis as they vest.
Data Storage Corporation detailed several executive compensation actions and a leadership change. The board approved a 2025 annual bonus for Chief Executive Officer Charles M. Piluso, including a cash bonus under his employment agreement and a discretionary equity award of 160,600 restricted stock units that vest in full on May 20, 2026.
The company entered into amended three-year employment agreements for Mr. Piluso and Chief Financial Officer Chris Panagiotakos, effective January 1, 2026, with automatic one-year renewals. Mr. Piluso’s base salary is set at $275,000 and Mr. Panagiotakos’s at $270,000. Each received one-time equity awards of stock options and RSUs that vest in thirds on May 20, 2027, May 20, 2028, and May 20, 2029, plus additional performance stock units tied to acquisition and market capitalization milestones.
The amended agreements also outline annual cash bonus ranges, transaction-based cash bonuses for acquisitions and a reverse merger, and severance and change-in-control protections including salary continuation, bonus components, and accelerated vesting of equity awards. Separately, Harold Schwartz resigned as President effective February 12, 2026 due to his role with the acquiror of a divested entity, with the company stating his resignation was not related to any disagreement over financials, operations, policies, or practices.
Data Storage Corp’s Chairman and CEO reported the acquisition of 160,600 shares of common stock on February 9, 2026, reflecting a grant of restricted stock units (RSUs) at a price of $0 per share. After this grant, the reporting person beneficially owns 250,032 common shares directly.
The filing is an amendment that corrects the vesting terms of this RSU award. It clarifies that all RSUs will vest in full on May 20, 2026, rather than on the grant date as previously disclosed. Each RSU converts into one share of common stock upon vesting.
Data Storage Corp Chairman and CEO Charles M. Piluso received a grant of 160,600 shares of common stock through restricted stock units on February 9, 2026. The RSU award vested in full on the grant date and converts into common stock on a one-for-one basis. Following this equity grant, Piluso directly beneficially owns 250,032 shares of Data Storage Corp common stock.
Bard Associates, Inc. has filed an amended Schedule 13G/A indicating it no longer holds any beneficial ownership in Data Storage Corp common stock or warrants. The filing reports 0 shares beneficially owned, representing 0.0% of the class, with no voting or dispositive power.
The amendment confirms Bard Associates now owns 5 percent or less of this security class and that any securities previously acquired were held in the ordinary course of business, not to influence control of Data Storage Corp.
Data Storage Corp director receives RSU grant
Data Storage Corp director Harold J. Schwartz reported an award of 10,000 restricted stock units on January 29, 2026. The RSUs convert into common stock on a one-for-one basis and vest in full on the date of the company’s 2026 Annual Meeting of Stockholders, subject to his continued service.