Insider at Data Storage Corp (DTST) updates Form 4 for 160,600 RSU grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Piluso Charles M.
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 160,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 250,032 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Data Storage Corp (DTST) report in this Form 4/A?
The reporting person at Data Storage Corp acquired 160,600 shares via a restricted stock unit grant. These RSUs were granted at a price of $0 per share and represent additional equity-based compensation in the form of common stock.
Who received the RSU grant at Data Storage Corp (DTST) and in what capacity?
The grant was made to a reporting person who serves as Data Storage Corp’s Chairman, CEO, director, and 10% owner. This indicates a senior leadership insider increasing equity exposure through stock-based compensation rather than an open-market purchase.
When do the 160,600 RSUs at Data Storage Corp (DTST) vest?
All 160,600 restricted stock units will vest in full on May 20, 2026. The amendment clarifies this vesting date after an earlier filing mistakenly suggested vesting occurred on the February 9, 2026 grant date.
What does this amended Form 4/A for Data Storage Corp (DTST) correct?
The amendment corrects the previously reported vesting schedule for the RSU award. It specifies that the 160,600 RSUs vest entirely on May 20, 2026, instead of vesting in full on the February 9, 2026 grant date as originally disclosed.
How do the Data Storage Corp (DTST) RSUs convert into common stock?
Each restricted stock unit converts into one share of Data Storage Corp common stock. Upon vesting on May 20, 2026, the 160,600 RSUs will translate into an equal number of common shares, increasing the reporting person’s share count accordingly.