secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001731122-26-000233
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data Storage extends CEO/CFO contracts through 2028, grants equity; President resigns
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112226000233/0001731122-26-000233-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112226000233/e7329_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000233

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