Data Storage Corporation Awards CEO and CFO New Equity Grants in Amended Employment Agreements

Reuters
15 hours ago
<a href="https://laohu8.com/S/DTST">Data Storage</a> Corporation Awards CEO and CFO New Equity Grants in Amended Employment Agreements

Data Storage Corporation has approved new compensation terms for its Chief Executive Officer, Charles M. Piluso, and Chief Financial Officer, Chris Panagiotakos, effective January 1, 2026. Piluso will receive a 2025 annual bonus comprising a cash payment and a discretionary equity award of 160,600 restricted stock units vesting in May 2026. Under amended employment agreements, Piluso is granted a one-time equity award of 250,000 stock options and 60,000 restricted stock units, vesting in thirds across three years. He is also eligible for 30,000 vested performance stock units upon the acquisition of an entity with $3 million in trailing twelve-month revenue, and up to 225,000 additional performance stock units tied to market capitalization milestones of $30 million, $60 million, and $90 million. Panagiotakos receives a one-time equity award of 125,000 stock options and 60,000 restricted stock units, vesting over the same period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data Storage Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-26-000233), on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10