secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001731122-23-000284
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Data Storage Corp approves executive compensation changes with salary, bonuses, and equity grants
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- CEO Piluso and President Schwartz each get $175K base salary and $150K bonus retroactive to Jan 1, 2022.
- CFO Panagiotakos receives $206,250 base salary and $53,646 bonus; EVP Kempster gets $175K base and $25K bonus.
- Piluso granted 29,412 RSUs and 29,412 stock options; three other executives each get 14,706 RSUs and options.
- Options vest over 3 years at 110% of closing price (100% for CFO); RSUs vest in 3 equal annual installments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112223000284/0001731122-23-000284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112223000284/e4451_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-23-000284

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer