Data Storage (DTST) Director Matthew Grover Receives RSUs, Exercises Options

What Happened Matthew Grover, a director of Data Storage Corp (DTST), had 10,000 restricted stock units (RSUs) vest and convert into 10,000 shares on September 2, 2026 (exercise/conversion, $0.00 per share). On the same date he was granted 12,000 additional RSUs (award, $0.00 per share) that will vest in full on the issuer's 2027 Annual Meeting, subject to continued service. The filing also shows a 10,000-share derivative disposal tied to the conversion (reported as $0.00).

Key Details

• Transaction date(s): September 2, 2026 (reported on Form 4 filed September 4, 2026).
• Prices/values: all items reported at $0.00 per share (vesting/conversion and grant); reported aggregate value $0.
• Shares acquired: 10,000 shares converted from vested RSUs; 12,000 RSUs newly granted (not yet vested).
• Derivative disposal: a 10,000-share derivative entry was reported at $0.00 — reflects the conversion/settlement of the previously granted RSUs (see footnotes).
• Shares owned after transaction: not specified in the excerpt provided.
• Filing timeliness: Form 4 filed two days after the transaction (appears timely under the 2-business-day rule).

Context

• RSU treatment: Footnote F1 notes RSUs convert one-for-one into common stock. Footnote F2 confirms the 10,000 shares stem from RSUs granted Jan 29, 2026 that vested in full on Sep 2, 2026. Footnote F3 describes the 12,000 RSU award granted Sep 2, 2026 that vests on the 2027 Annual Meeting date, subject to service.
• Market signal: These are internal awards/vests and not open-market purchases or sales. Such vesting/grant activity is common for compensation and does not necessarily indicate an immediate bullish or bearish view by the insider.