Data Storage CEO gets 250,000 options, 60,000 RSUs
Data Storage Corp reported that Chairman and CEO Charles M. Piluso received new equity awards on February 13, 2026.
Rhea-AI Filing Summary
Data Storage Corp reported that Chairman and CEO Charles M. Piluso received new equity awards on February 13, 2026. He was granted stock options for 250,000 shares, which vest in three equal parts on May 20, 2027, May 20, 2028, and May 20, 2029, with an exercise price set at 110% of the closing share price on the grant date. He also received a restricted stock unit award covering 60,000 shares of common stock, vesting one-third on each of May 20, 2027, May 20, 2028, and May 20, 2029; these units convert into common stock on a one-for-one basis as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 250,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 60,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the shares of the Issuer's common stock underlying a grant of a restricted stock unit ("RSU") to the Reporting Person on February 13, 2026, which will vest one-third on each of May 20, 2027, May 20, 2028, and May 20, 2029. RSUs convert into common stock on a one-for-one basis.
- F2. These options ("Options") will vest and become exercisable one-third on each of May 20, 2027, May 20, 2028, and May 20, 2029. The exercise price of these Options is equal to 110% of the closing price of the Issuer's common stock as of the date of grant.
FAQ
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What did DTST Chairman and CEO Charles Piluso receive in this Form 4 filing?
How do the new Data Storage Corp (DTST) stock options for Charles Piluso vest?
What are the terms of the DTST restricted stock units granted to Charles Piluso?
What is the exercise price structure of Charles Piluso’s new DTST stock options?
AI-generated analysis. How Rhea-AI works. Not financial advice.