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Data Storage Corporation Announces 2025 CEO Bonus Award with Significant Equity Component

Data Storage Corporation Announces 2025 CEO Bonus Award with Significant Equity Component

FinvizFinviz2026/02/18 21:09
By:Finviz

Reinforcing Leadership Alignment with Strategic Growth Plans and Long-Term Shareholder Interests

NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DTST” or the “Company”), today announced that on February 12, 2026, its Board of Directors approved the 2025 annual bonus award for Chairman and Chief Executive Officer Chuck Piluso for the fiscal year ended December 31, 2025.

The approved bonus consists of a cash payment within the limits set forth in Mr. Piluso’s current employment agreement and a discretionary equity award of 160,600 restricted stock units (“RSUs”), which will vest in full on May 20, 2026. A substantial portion of the total bonus value has been delivered in equity, further aligning executive compensation with long-term shareholder interests.

“Choosing to take a significant portion of my annual bonus in Company stock reflects my belief in the strategic initiatives we are pursuing and in the strength of our business model,” said Chuck Piluso, Chairman and Chief Executive Officer of Data Storage Corporation. “Over the past several quarters, we’ve outlined an acquisition strategy focused on recurring revenue and disciplined investing in high-potential technology sectors — including GPU infrastructure, AI-enabled software, and cybersecurity — while continuing to strengthen our telecommunications and managed services offerings. Our vision is to incubate and grow emerging technology companies that deliver real-world value and scale with confidence. As we move forward to build a diversified portfolio of scalable businesses designed for predictable, long-term performance, I am proud to align my personal incentives with the long-term interests of our shareholders.”

About Data Storage Corporation

Data Storage Corporation (Nasdaq: DTST), through its subsidiary today, Nexxis, Inc., provides Voice over Internet Protocol (“VoIP”)/Unified Communications and dedicated internet connectivity as part of DTST’s one-stop solution set. In the future, DTST plans to invest in and support businesses, including, but not limited to, GPU Infrastructure, AI-driven software applications, cybersecurity, and voice/data telecommunications. The Company’s mission is to build sustainable, recurring revenue streams while maintaining financial discipline and strategic focus. For more information, visit www.dtst.com.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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