Piluso Charles M. 4
Research Summary
AI-generated summary
Data Storage (DTST) 10% Owner Piluso Receives Award — 160,600 Shares
What Happened
- Charles M. Piluso, a 10% owner of Data Storage Corp (DTST), was granted 160,600 restricted stock units (RSUs) on February 9, 2026 that vested in full on the grant date and converted one-for-one into common shares. The reported acquisition price is $0.00, so the Form 4 shows $0 paid in connection with the conversion/award.
Key Details
- Transaction date: 2026-02-09; Transaction type/code: Award/Grant (A); Price reported: $0.00.
- Shares acquired: 160,600 common shares (via RSU vesting and conversion).
- Shares owned after transaction: Not disclosed in the provided Form 4 summary.
- Footnote: The RSUs vested in full on the grant date and convert to common stock on a one-for-one basis (per filing footnote).
- Filing: Report filed 2026-02-11 (appears to be filed within the standard Form 4 reporting window).
Context
- This was an award/vesting event, not an open-market purchase or sale; it reflects an issuance/conversion of equity rather than a cash transaction. For 10% owners, RSU awards increase reported holdings but do not necessarily indicate buying or selling sentiment.