Director Thomas Kempster granted 10,000 RSUs at Data Storage Corp (NASDAQ: DTST)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Data Storage Corp director Thomas Kempster was granted 10,000 restricted stock units (RSUs) on January 29, 2026. Each RSU converts into one share of Data Storage Corp common stock.
These 10,000 RSUs vest in full on the date of the company’s 2026 Annual Meeting of Stockholders, provided Kempster continues serving the company through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kempster Thomas
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 equity award did Data Storage Corp (DTST) director Thomas Kempster receive?
Thomas Kempster received a grant of 10,000 restricted stock units (RSUs). Each RSU converts into one share of Data Storage Corp common stock, providing potential future ownership tied to continued service and the vesting terms of the award.
When do Thomas Kempster’s 10,000 RSUs at Data Storage Corp (DTST) vest?
The 10,000 RSUs vest in full on the date of Data Storage Corp’s 2026 Annual Meeting of Stockholders. Vesting is conditioned on Kempster’s continued service to the company through that meeting date, aligning the award with board tenure.
How do the Data Storage Corp (DTST) RSUs granted to Thomas Kempster convert into stock?
The restricted stock units convert into common stock on a one-for-one basis. After vesting at the 2026 Annual Meeting of Stockholders, each of the 10,000 RSUs becomes one share of Data Storage Corp common stock, subject to plan and award terms.
Is Thomas Kempster’s RSU award at Data Storage Corp (DTST) reported as directly owned?
Yes. The Form 4 indicates the 10,000 restricted stock units are held with direct ownership. Following the reported grant, Kempster beneficially owns 10,000 derivative securities in the form of RSUs under Data Storage Corp’s equity compensation arrangements.
What transaction code is used for Thomas Kempster’s RSU grant at Data Storage Corp (DTST)?
The RSU grant is reported with transaction code “A,” indicating an acquisition of derivative securities. This reflects an equity award to Kempster rather than an open-market purchase, consistent with typical director compensation practices at public companies.