Data Storage Corp (DTST) CEO awarded 250,000 options and 60,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Piluso Charles M.
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 250,000 | $0.00 | -- |
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 250,000 shares (Direct);
Common Stock — 310,032 shares (Direct)
Footnotes (1)
- 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. 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
What did DTST Chairman and CEO Charles Piluso receive in this Form 4 filing?
Charles Piluso received a grant of 250,000 stock options and restricted stock units for 60,000 shares of Data Storage Corp common stock, both awarded on February 13, 2026, as part of his equity compensation.
How do the new Data Storage Corp (DTST) stock options for Charles Piluso vest?
The 250,000 stock options vest in three equal installments on May 20, 2027, May 20, 2028, and May 20, 2029. Once vested, they become exercisable at an exercise price set at 110% of the grant-date closing price.
What are the terms of the DTST restricted stock units granted to Charles Piluso?
The restricted stock units cover 60,000 shares of common stock and vest one-third on May 20, 2027, one-third on May 20, 2028, and one-third on May 20, 2029. Each RSU converts into one share of common stock upon vesting.
What is the exercise price structure of Charles Piluso’s new DTST stock options?
The newly granted options have an exercise price equal to 110% of the closing price of Data Storage Corp common stock on the February 13, 2026 grant date, aligning the option value with the company’s share price at that time.