Data Storage (DTST) Director Maglione Converts 10,000 RSUs, Gets 12,000 RSUs

What Happened

• Lawrence A. Maglione, a director of Data Storage Corp (DTST), had 10,000 restricted stock units (RSUs convert 1:1 to common stock) vest and convert into 10,000 shares on Sept 2, 2026. The filing shows those shares were acquired at $0.00 (no cash paid). On the same date he was granted an additional 12,000 RSUs (reported as an award, $0.00). The filing also shows a corresponding disposition of 10,000 derivative units (the RSUs) — this reflects the RSUs converting into common shares, not a market sale.

Key Details

• Transaction date: 2026-09-02 (Filed: 2026-09-04)
• Actions reported: conversion/exercise of derivative (M) — 10,000 shares acquired at $0.00; grant/award (A) — 12,000 RSUs awarded at $0.00; conversion/disposition of 10,000 derivative units (reflecting the RSU conversion).
• Price/value: $0.00 for conversions and grant (RSUs convert 1-for-1 to common stock).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — RSUs convert 1:1 to common stock. F2 — the 10,000 shares came from RSUs granted Jan 29, 2026 that vested in full on Sept 2, 2026. F3 — the 12,000 RSUs were granted Sept 2, 2026 and will vest in full on the date of the 2027 annual meeting, subject to continued service.
• Filing timeliness: Filed two days after the transactions (appears timely under Form 4 rules).

Context

• This was not a market purchase or sale — the filing reports RSU vesting/conversion into shares and the grant of new RSUs. No cash was paid or received; the “disposed” derivative line reflects the RSUs ceasing to exist upon conversion, not a sale. For retail investors, awards and vesting are routine insider compensation events and do not by themselves indicate a buy/sell opinion by the insider.