Data Storage Corp (NASDAQ: DTST) director awarded 10,000 RSUs vesting at 2026 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Data Storage Corp director Uwayne A. Mitchell received an equity award of 10,000 restricted stock units on January 29, 2026. These RSUs convert into common stock on a one-for-one basis. They vest in full on the date of the company’s 2026 Annual Meeting of Stockholders, contingent on his continued service through that vesting date.
Following this grant, Mitchell beneficially owns 10,000 derivative securities directly in the form of RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mitchell Uwayne A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,000 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Represents the shares of the Issuer's common stock underlying a RSU grant to the Reporting Person on January 29, 2026, which RSUs vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through the vesting date.
FAQ
What insider transaction did DTST director Uwayne Mitchell report on this Form 4?
Director Uwayne A. Mitchell reported receiving 10,000 restricted stock units in Data Storage Corp. The RSUs were granted on January 29, 2026, and represent a stock-based compensation award tied to future vesting at the company’s 2026 Annual Meeting of Stockholders.
How many DTST restricted stock units were granted to Uwayne Mitchell?
Uwayne A. Mitchell was granted 10,000 restricted stock units in Data Storage Corp. Each RSU is designed to convert into one share of common stock, giving him potential future ownership of 10,000 common shares upon vesting, assuming conditions are satisfied.
When do Uwayne Mitchell’s DTST RSUs vest according to the Form 4?
The 10,000 RSUs granted to Uwayne A. Mitchell vest in full on the date of Data Storage Corp’s 2026 Annual Meeting of Stockholders. Vesting is conditioned on his continued service to the company through that meeting date, as described in the filing’s footnotes.
What does one-for-one RSU conversion mean for DTST common stock?
One-for-one conversion means each restricted stock unit becomes one share of Data Storage Corp common stock. For Uwayne Mitchell, his 10,000 RSUs can settle into 10,000 common shares once they vest, aligning his potential future holdings directly with the company’s equity.
How many DTST derivative securities does Uwayne Mitchell own after this RSU grant?
After the January 29, 2026 grant, Uwayne A. Mitchell beneficially owns 10,000 derivative securities in Data Storage Corp. These are all in the form of restricted stock units, held directly, and are subject to vesting at the 2026 Annual Meeting of Stockholders.