Data Storage director gets 10K shares, 12K RSUs
DTST director Todd A. Correll reported a 10,000-share RSU vesting into common stock and a new 12,000-RSU grant tied to the 2027 annual meeting.
Rhea-AI Filing Summary
Data Storage Corp (DTST) director Todd A. Correll reported equity compensation activity involving restricted stock units and common stock. On September 2, 2026, 10,000 RSUs previously granted converted on a one-for-one basis into 10,000 shares of common stock upon full vesting at the 2026 Annual Meeting of Stockholders, exhausting that RSU award. On the same date, Correll received a new grant of 12,000 RSUs 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
Correll Todd A.
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 — 55,540 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 exercised: 10,000 units
Common shares received from RSUs: 10,000 shares
New RSU grant: 12,000 units
+2 more
5 metrics
RSUs exercised
10,000 units
Restricted stock units converted into common stock on September 2, 2026
Common shares received from RSUs
10,000 shares
Shares of Data Storage Corp common stock underlying vested RSUs on September 2, 2026
New RSU grant
12,000 units
RSUs granted to Todd A. Correll on September 2, 2026, vesting at 2027 Annual Meeting
RSU conversion ratio
1.0
RSUs convert into common stock on a one-for-one basis
Original RSU grant date
January 29, 2026
Date of RSU grant that vested in full on September 2, 2026
Key Terms
Restricted stock units, Annual Meeting of Stockholders, vest in full, derivative security
4 terms
Restricted stock units financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Meeting of Stockholders regulatory
"vested in full on September 2, 2026, the date of the Issuer's 2026 Annual Meeting"
vest in full financial
"RSUs will vest in full on the date of the Issuer's 2027 Annual Meeting"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What equity transactions did DTST director Todd A. Correll report on this Form 4?
He reported the exercise of 10,000 RSUs into 10,000 shares of common stock on September 2, 2026, and a new grant of 12,000 RSUs on the same date, scheduled to vest at the 2027 Annual Meeting of Stockholders.
How many Data Storage Corp (DTST) RSUs vested for Todd A. Correll?
On September 2, 2026, 10,000 restricted stock units vested in full and converted into 10,000 shares of common stock, corresponding to an RSU grant originally awarded on January 29, 2026.
What new RSU award did DTST grant to Todd A. Correll?
On September 2, 2026, Correll received a new award of 12,000 RSUs. These RSUs will vest in full on the date of Data Storage Corp’s 2027 Annual Meeting of Stockholders, subject to his continued service to the company through that vesting date.
Were Todd A. Correll’s DTST transactions under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes do not state that the transactions occurred under any Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
