Data Storage Corp (DTST) CFO receives 125,000 options and 60,000 RSUs
Rhea-AI Filing Summary
Data Storage Corp Chief Financial Officer Christos Panagiotakos reported equity awards that increase his direct ownership stake. He received stock options for 125,000 shares at an exercise price of $0.0000 per share and a grant of 60,000 shares of common stock underlying restricted stock units.
Both the options and RSUs vest in three equal installments on May 20, 2027, May 20, 2028, and May 20, 2029. After the common stock award, his directly held common shares total 100,507, aligning his compensation more closely with shareholder outcomes over a multi-year period.
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Insights
CFO receives multi-year equity awards aligning pay with stock performance.
The CFO of Data Storage Corp was granted stock options on 125,000 shares and RSUs on 60,000 shares, both at a price of $0.0000 per share. These are compensatory grants rather than open-market purchases.
Vesting is spread equally across May 20, 2027, May 20, 2028, and May 20, 2029, which encourages longer-term retention and performance focus. His directly held common stock rises to 100,507 shares, increasing exposure to the company’s equity. Future filings may show additional grants or exercises as the awards vest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 125,000 | $0.00 | -- |
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
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.