Data Storage director receives 10K shares, 12K RSUs
Director Nancy Stallone saw one RSU grant fully vest into common stock and received a new RSU award tied to Data Storage Corp’s 2027 annual meeting.
Rhea-AI Filing Summary
Data Storage Corp (DTST) reported that director Nancy Stallone had 10,000 restricted stock units convert into 10,000 shares of common stock on September 2, 2026, when a prior RSU grant vested in full at the 2026 Annual Meeting of Stockholders.
On the same date, she received a new grant of 12,000 RSUs, each convertible one-for-one into common stock and scheduled to vest in full on the date of the company’s 2027 Annual Meeting of Stockholders, contingent on her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Exercise
3 txns
Insider
Stallone Nancy
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 Stock Received from RSUs: 10,000 shares
Exercise Price per Share: $0.00
+3 more
6 metrics
RSUs Exercised
10,000 units
Restricted stock units converting into common stock on September 2, 2026
Common Stock Received from RSUs
10,000 shares
Shares underlying RSUs granted January 29, 2026 that vested on September 2, 2026
Exercise Price per Share
$0.00
Price per share for the RSU conversion into common stock
New RSU Grant
12,000 units
RSUs granted to Nancy Stallone on September 2, 2026
RSU Vesting Date (New Grant)
2027 Annual Meeting of Stockholders
Vesting of 12,000 RSUs subject to continued service
Exercise/Conversion Events
1 event, 10,000 shares
Total derivative exercises or conversions reported in this Form 4
Key Terms
Restricted stock unit, vested in full, Annual Meeting of Stockholders, Reporting Person
4 terms
Restricted stock unit financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vested in full financial
"The RSUs vested in full on September 2, 2026, the date of the Issuer's 2026 Annual Meeting"
Annual Meeting of Stockholders financial
"Vested in full on September 2, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders"
Reporting Person regulatory
"Represents the shares of the Issuer's common stock underlying a RSU grant to the Reporting Person"
FAQ
What transactions did DTST director Nancy Stallone report on this Form 4?
She reported 10,000 RSUs converting into 10,000 shares of common stock at a $0.00 exercise price and a new grant of 12,000 RSUs on September 2, 2026, all held directly.
What new equity award did Nancy Stallone receive from DTST on September 2, 2026?
She received a new award of 12,000 restricted stock units, each convertible into one share of DTST common stock. These RSUs will vest in full on the date of Data Storage Corp’s 2027 Annual Meeting of Stockholders, subject to her continued service.
What is the conversion ratio for Nancy Stallone’s DTST restricted stock units?
Each restricted stock unit converts into one share of DTST common stock, according to the footnote stating that RSUs convert into common stock on a one-for-one basis.
Were Nancy Stallone’s DTST transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is marked false, indicating these transactions were not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.