Data Storage (DTST) Director Kempster Thomas Receives Award, Converts 10K

What Happened

• Kempster Thomas, a director of Data Storage Corp (DTST), had RSU activity on Sep 2, 2026. The filing reports conversion/acquisition of 10,000 shares (exercise/conversion of a derivative) at $0.00 and a simultaneous reported disposal of 10,000 shares (also reported as an exercise/conversion). In addition, Thomas was granted 12,000 RSUs (acquired as an award) at $0.00. All amounts show $0 purchase price because these are RSU conversions and grants, not cash purchases or sales.

Key Details

• Transaction date: September 2, 2026; Form 4 filed September 4, 2026.
• Reported transactions:
  • 10,000 shares acquired via exercise/conversion of a derivative (price $0.00).
  • 10,000 shares disposed via exercise/conversion of a derivative (price $0.00).
  • 12,000 shares acquired as an RSU grant (price $0.00).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes:
  • F1: RSUs convert into common stock on a one‑for‑one basis.
  • F2: The 10,000 shares acquired represent RSUs granted Jan 29, 2026 that vested in full on Sep 2, 2026 (the issuer's 2026 Annual Meeting).
  • F3: The 12,000 shares represent RSUs granted Sep 2, 2026 that will vest in full on the issuer’s 2027 Annual Meeting, subject to continued service.
• Filing timeliness: Report filed two days after the transaction date (no late filing indicated in this report).

Context

• These entries reflect RSU vesting/conversion and a new RSU grant rather than an open‑market buy or sale. The zero prices are normal for RSU conversions/grants. The matching acquired and disposed 10,000‑share entries in this filing are consistent with RSU settlement mechanics (for example, conversions combined with withholding or net settlement), though the Form 4 footnotes do not explicitly state withholding here.