Grover Matthew 4
4 · Data Storage Corp · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Data Storage (DTST) Director Grover Matthew Receives 10,000 RSU Award
What Happened
- Grover Matthew, a director of Data Storage Corp (DTST), received a grant of 10,000 restricted stock units (RSUs) on January 29, 2026. The award was reported as a derivative acquisition at $0.00 (no cash paid). Each RSU converts into one share of common stock upon vesting.
Key Details
- Transaction date: 2026-01-29; Form 4 filed: 2026-02-02 (timely filing).
- Grant size: 10,000 RSUs; reported price: $0.00 (award/derivative, code A).
- Vesting: RSUs vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to Mr. Grover’s continued service through that date (see footnotes F1–F2).
- Shares owned after the transaction: not specified in the provided Form 4.
- This is a compensation award (not an open‑market purchase or sale) and does not indicate an immediate cash investment by the insider.
Context
- RSUs are a form of equity compensation that convert to actual shares when they vest; until vesting they are a contingent right to future shares.
- Such awards are common for directors and executives as part of compensation and should be viewed as a retention/compensation event rather than a direct bullish or bearish trade.
Insider Transaction Report
Form 4
Grover Matthew
Director
Transactions
- 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.
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact for Matthew Grover|2026-02-02