Data Storage director reports 10K RSUs vested, 12K grant
DTST director John Argen had 10,000 RSUs vest into common shares and received a new 12,000-share RSU-based equity award tied to the 2027 Annual Meeting.
Rhea-AI Filing Summary
Data Storage Corp (DTST) director John Argen reported equity compensation activity on September 2, 2026. He exercised 10,000 restricted stock units, converting them into 10,000 shares of common stock upon full vesting at the 2026 Annual Meeting, and received a separate equity award for 12,000 shares underlying a new RSU grant that will vest in full on the date of the 2027 Annual Meeting of Stockholders, subject to continued service. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Exercise
3 txns
Insider
Argen John
Role
Director
| 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 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 22,000 shares (Direct)
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
RSUs exercised: 10,000 units
Common shares received from RSU vesting: 10,000 shares
New RSU-based equity award: 12,000 shares underlying RSUs
+2 more
5 metrics
RSUs exercised
10,000 units
Restricted stock units converting into common stock on September 2, 2026
Common shares received from RSU vesting
10,000 shares
Shares of Data Storage Corp common stock issued upon RSU conversion
New RSU-based equity award
12,000 shares underlying RSUs
Grant on September 2, 2026 vesting at the 2027 Annual Meeting
RSU conversion ratio
1 share per RSU
RSUs convert into common stock on a one-for-one basis
Rule 10b5-1 plan status
No Rule 10b5-1 plan reported
Form-level checkbox marked false for these transactions
Key Terms
Restricted stock units ("RSUs"), vested in full, Annual Meeting of Stockholders, continued service
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vested in full financial
"The RSUs vested in full on September 2, 2026, the date of the"
Annual Meeting of Stockholders regulatory
"on September 2, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders"
continued service financial
"subject to the Reporting Person's continued service to the Issuer through"
FAQ
What insider transactions did DTST director John Argen report on September 2, 2026?
He exercised 10,000 RSUs into 10,000 common shares and reported a new 12,000-share equity award underlying RSUs granted the same day, with no cash exercise price stated.
How many Data Storage Corp (DTST) restricted stock units vested for John Argen?
A total of 10,000 restricted stock units vested in full on September 2, 2026, the date of Data Storage Corp’s 2026 Annual Meeting of Stockholders, and converted on a one-for-one basis into 10,000 common shares.
What new equity award did John Argen receive from DTST on September 2, 2026?
He received an award corresponding to 12,000 shares of common stock underlying a new RSU grant on September 2, 2026. These RSUs will vest in full on the date of Data Storage Corp’s 2027 Annual Meeting of Stockholders, subject to his continued service.
Did John Argen’s DTST transactions involve a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is marked false, and there is no footnote indicating that the September 2, 2026 transactions were executed pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What is the conversion ratio for John Argen’s DTST restricted stock units?
The filing states that the restricted stock units (RSUs) convert into common stock on a one-for-one basis, meaning each RSU entitles the holder to receive one share of Data Storage Corp common stock upon vesting.
Does the Form 4 show remaining RSUs for John Argen at DTST after the vesting?
For the vested RSU award, the reported remaining RSU balance is zero after 10,000 units converted to common stock. A separate 12,000-share RSU grant is disclosed as newly awarded and scheduled to vest at the 2027 Annual Meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.