Kempster Thomas 4
4 · Data Storage Corp · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Data Storage Corp (DTST) Director Kempster Thomas Receives Award
What Happened
Kempster Thomas, a director of Data Storage Corp (DTST), received a grant of 10,000 restricted stock units (RSUs) on January 29, 2026. The RSUs are recorded at $0.00 in the filing (derivative award); they convert one-for-one into common shares upon settlement. This is a compensation award to a director, not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-01-29 — Grant/Award of 10,000 RSUs (transaction code A) at $0.00 (derivative).
- Vesting/settlement: Per filing footnotes, RSUs convert 1:1 to common stock and vest in full on the date of the issuer's 2026 Annual Meeting of Stockholders, subject to continued service.
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing date / timeliness: Form 4 filed 2026-02-02. This is after the typical two-business-day deadline and appears to be a late filing (may require review for timeliness).
- Footnotes: F1 = RSUs convert into common stock one-for-one. F2 = Vesting in full on the 2026 Annual Meeting date, contingent on continued service.
Context
RSU grants to directors are a common form of compensation and do not represent an immediate purchase or sale — they only become shares if/when they vest and are settled. Because the grant is a derivative award, its eventual value depends on DTST's stock price at vesting/settlement; the Form 4 does not state a cash value at grant.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-01-29+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]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.