Director Matthew Grover receives 10,000 RSUs in Data Storage Corp (DTST)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Data Storage Corp director receives equity grant
Data Storage Corp director Matthew Grover received an award of 10,000 restricted stock units on January 29, 2026. These RSUs convert into common stock on a one-for-one basis and vest in full on the date of the company’s 2026 Annual Meeting of Stockholders, if he continues serving through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grover Matthew
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 Matthew Grover report on this Form 4?
Director Matthew Grover reported receiving 10,000 restricted stock units in Data Storage Corp. The RSUs were granted on January 29, 2026 and are reported as directly owned derivative securities with a stated price of $0.0000 per unit in the filing’s transaction table.
When do Matthew Grover’s DTST restricted stock units vest?
The 10,000 restricted stock units vest in full on the date of Data Storage Corp’s 2026 Annual Meeting of Stockholders. Vesting is conditioned on Grover’s continued service to the company through that meeting date, as described in the Form 4 footnotes.
How many DTST restricted stock units does Matthew Grover hold after this transaction?
Following the reported grant, Matthew Grover beneficially owns 10,000 restricted stock units of Data Storage Corp. This full amount comes from the January 29, 2026 award and is shown as directly owned in the Form 4 derivative securities table.
How do the DTST restricted stock units reported by Matthew Grover convert into common stock?
The filing states that the restricted stock units convert into common stock on a one-for-one basis. This means each of the 10,000 RSUs reported by Matthew Grover is exchangeable for one share of Data Storage Corp common stock upon settlement, subject to vesting.
What transaction code is used for Matthew Grover’s DTST RSU grant?
The Form 4 uses transaction code “A” for Matthew Grover’s restricted stock unit grant. Code “A” indicates an award or grant of derivative securities, in this case 10,000 RSUs, rather than an open-market purchase or sale of Data Storage Corp common stock.
Is Matthew Grover’s DTST RSU holding reported as direct or indirect ownership?
The RSU position is reported as directly owned. In the Form 4 derivative securities table, the ownership form for the 10,000 restricted stock units is marked “D” for direct ownership, and no nature-of-ownership footnote describes any intermediary entity or indirect holding structure.