Data storage corp CFO Christos sells $6,759 in stock

Published 05/03/2025, 00:30
Data storage corp CFO Christos sells $6,759 in stock

Data Storage Corp (NASDAQ:DTST), a micro-cap technology company with a market capitalization of $25.7 million, saw its Chief Financial Officer, Panagiotakos Christos, recently sell shares of the company’s common stock, according to a recent SEC filing. InvestingPro analysis shows the company maintains strong financial health with more cash than debt on its balance sheet. On March 3, 2025, Christos sold 1,765 shares at a price of $3.83 each, totaling $6,759. This transaction was conducted to satisfy tax withholding obligations.

Additionally, on February 28, 2025, Christos acquired 4,902 shares through the conversion of restricted stock units (RSUs) into common stock. The RSUs were part of a grant made on March 1, 2023, and are set to vest over a three-year period, with the first installment having vested on February 28, 2025. Following these transactions, Christos holds 37,532 shares directly.

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