Data Storage director acquires 10K shares, 12K RSUs
DTST director Lawrence A. Maglione exercised 10,000 RSUs and received a new 12,000-share RSU-based stock award tied to future vesting milestones.
Rhea-AI Filing Summary
Data Storage Corp (DTST) director Lawrence A. Maglione reported equity compensation activity involving restricted stock units and common stock. On September 2, 2026, he exercised 10,000 RSUs into 10,000 shares of common stock at a stated price of $0.00 per share, eliminating that RSU position. The exercised RSUs were granted on January 29, 2026 and vested in full on the date of the 2026 Annual Meeting of Stockholders. On the same date, he also received a new award of 12,000 shares of common stock underlying RSUs that will vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to his continued service. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 10,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F3 | 12,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Represents shares of common stock underlying the RSUs granted to the Reporting Person on January 29, 2026. The RSUs vested in full on September 2, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders.
- F3. Represents the shares of the Issuer's common stock underlying a RSU grant to the Reporting Person on September 2, 2026, which RSUs will vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through the vesting date.
Key Figures
Key Terms
Restricted stock units financial
vested in full financial
Annual Meeting of Stockholders financial
grant financial
continued service financial
FAQ
What insider transactions did DTST director Lawrence A. Maglione report on September 2, 2026?
How many Data Storage Corp (DTST) RSUs did Lawrence A. Maglione exercise?
When did the RSUs exercised by DTST director Maglione vest?
What new RSU-based award did Lawrence A. Maglione receive from DTST?
Was a Rule 10b5-1 trading plan used for Lawrence A. Maglione’s DTST transactions?
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