I'm not familiar with a ps4 dock station. What are you using the drive for? exfat (or even fat32) should be fine if using it for media (movies, music, etc) but for extended storage (legit games) you need the ps4 itself to format the drive into its own proprietary format type, and it needs to be directly connected, no hubs or anything (even one built into a drive enclosure). If you're using it for backups or whatever, exfat should be exactly what you want, but like I said, I dont' have any knowledge of "dock stations" on ps4.