Panagiotakos Christos 4

What Happened

• Panagiotakos Christos, Chief Financial Officer of Data Storage Corp (DTST), was granted two awards on February 13, 2026: 60,000 restricted stock units (RSUs) and a derivative award covering 125,000 shares (stock options). Both awards were recorded at $0.00 cash paid at grant (standard for compensation awards).

Key Details

• Transaction date: February 13, 2026. Transaction code: A (award/grant).
• RSUs: 60,000 units; convert one-for-one into common stock on vesting. No cash paid at grant.
• Options (derivative): 125,000-share grant; recorded as a derivative acquisition at $0.00.
• Vesting: Both the RSUs and the options vest one‑third on each of May 20, 2027; May 20, 2028; and May 20, 2029. (See footnotes F1 and F2.)
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Reported on Feb 18, 2026 for a Feb 13, 2026 transaction — filed five days after the transaction date, which appears to be later than the typical two-business-day Form 4 deadline.

Context

• These awards are compensation grants, not open‑market purchases or sales; they do not represent an immediate cash investment or disposition by the insider. RSUs convert to common stock upon vesting; the options will vest per the schedule noted above and would be exercisable only after vesting.