Data Storage director adds 10K shares, 12K RSUs
Director Harold J. Schwartz had RSUs vest into shares of DTST common stock and received a new RSU grant tied to the 2027 annual meeting.
Rhea-AI Filing Summary
Data Storage Corp (DTST) reported that director Harold J. Schwartz had 10,000 restricted stock units convert into an equal number of shares of common stock on September 2, 2026, in connection with the 2026 Annual Meeting of Stockholders. On the same date, he received a new grant of 12,000 restricted stock units that will vest in full on the date of the 2027 Annual Meeting of Stockholders, subject to his continued service. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Exercise
3 txns
Insider
Schwartz Harold J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 10,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F3 | 12,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 50,471 shares (Direct)
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Represents shares of common stock underlying RSUs granted to the Reporting Person on January 29, 2026. The RSUs vested in full on September 2, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders.
- F3. Represents the shares of the Issuer's common stock underlying a RSU grant to the Reporting Person on September 2, 2026, which RSUs will vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through the vesting date.
Key Figures
RSUs converted: 10,000 units
Common shares acquired from RSUs: 10,000 shares
New RSU grant: 12,000 units
+1 more
4 metrics
RSUs converted
10,000 units
Restricted stock units converted into common stock on September 2, 2026
Common shares acquired from RSUs
10,000 shares
Shares of Data Storage Corp common stock received upon RSU vesting on September 2, 2026
New RSU grant
12,000 units
Restricted stock units granted on September 2, 2026
RSU conversion ratio
1.0
RSUs convert into common stock on a one-for-one basis
Key Terms
Restricted Stock Unit, vested in full, Annual Meeting of Stockholders
3 terms
Restricted Stock Unit financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vested in full financial
"The RSUs vested in full on September 2, 2026"
Annual Meeting of Stockholders financial
"the date of the Issuer's 2026 Annual Meeting of Stockholders"
FAQ
What insider equity transactions did DTST director Harold J. Schwartz report on September 2, 2026?
He reported 10,000 restricted stock units converting into 10,000 shares of Data Storage Corp common stock and a new grant of 12,000 restricted stock units on September 2, 2026.
What new RSU award did Harold J. Schwartz receive from Data Storage Corp (DTST)?
He received a new grant of 12,000 restricted stock units on September 2, 2026. These RSUs will vest in full on the date of Data Storage Corp’s 2027 Annual Meeting of Stockholders, subject to his continued service through that date.
What is the vesting schedule for Harold J. Schwartz’s new DTST RSU grant?
The new 12,000 restricted stock units granted on September 2, 2026 will vest in full on the date of Data Storage Corp’s 2027 Annual Meeting of Stockholders, contingent on his continued service to the company through that vesting date.
Were Harold J. Schwartz’s DTST transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming such a plan, and there is no footnote stating that the September 2, 2026 transactions were made pursuant to a Rule 10b5-1 trading plan.
How do Harold J. Schwartz’s RSUs convert into DTST common stock?
According to the footnotes, restricted stock units convert into common stock on a one-for-one basis. Thus, 10,000 vested RSUs resulted in 10,000 shares of Data Storage Corp common stock on September 2, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.