leadership
confidence high
sentiment neutral
materiality 0.65
Data Storage extends CEO/CFO contracts through 2028, grants equity; President resigns
Data Storage Corp
- CEO Charles Piluso receives FY2025 bonus: 160,600 RSUs vesting May 2026 plus cash as per employment agreement.
- Piluso's new 3-year term to Dec 2028, base $275K, one-time equity: 250K options + 60K RSUs (3-year vest).
- Piluso eligible for PSUs: 30K upon $3M TTM revenue acquisition; 225K for market cap milestones ($30M, $60M, $90M).
- CFO Chris Panagiotakos gets $270K base, 125K options + 60K RSUs (3-year vest), target bonus 50%.
- President Harold Schwartz resigned Feb 12, 2026; no disagreement with company.