Schwartz Harold J 4
4 · Data Storage Corp · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Data Storage (DTST) Director Harold J. Schwartz Receives 10,000 RSUs
What Happened
Harold J. Schwartz, a director of Data Storage Corp (DTST), received a grant of 10,000 restricted stock units (RSUs) on January 29, 2026. The Form 4 reports the award at $0.00 per share (an equity award), so no cash purchase was made. These RSUs are a derivative award that will convert into common stock on a one-for-one basis upon vesting.
Key Details
- Transaction date: 2026-01-29; transaction type: Award/Grant (code A).
- Amount: 10,000 RSUs; reported acquisition price: $0.00 (award).
- Vesting: RSUs vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, contingent on continued service (see footnotes F1–F2).
- Shares owned after transaction: not specified in the provided summary.
- Filing: Form 4 filed 2026-02-02 (appears timely based on the Jan 29 transaction date).
Context
RSU grants are compensation/retention awards for executives and directors and do not reflect an immediate market buy or sell. The award will convert to common stock only if the director remains in service through the vesting date; there is no indication these shares were sold or otherwise transferred.
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.