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Director Matthew Grover receives 10,000 RSUs in Data Storage Corp (DTST)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Grover Matthew

(Last) (First) (Middle)
C/O DATA STORAGE CORPORATION
244 5TH AVENUE, SUITE 2821

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Data Storage Corp [ DTST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit(1) (2) 01/29/2026 A 10,000 (2) (2) Common Stock 10,000 $0 10,000 D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. 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.
/s/ Wendy Schmittzeh, Attorney-in-fact for Matthew Grover 02/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.
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