Mercier Matt 4

4 · DIGITAL REALTY TRUST, L.P. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Digital Realty (DLR) CFO Matt Mercier Receives 2,964-Unit Award

What Happened

Matt Mercier, Chief Financial Officer of Digital Realty Trust, L.P. (DLR), was granted/received 2,964 long‑term incentive units (reported as a derivative award) on 2026-03-13. The filing shows $0 cash paid for the award (transaction code A), reflecting a profits‑interest/unit award rather than an open‑market purchase.

Key Details

Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely within required window).
Amount: 2,964 profits‑interest units; reported acquisition price: $0 (award/grant).
Shares owned after transaction: not specified in this filing.
Footnotes: F1–These are profits interest units convertible into common limited partnership units and ultimately redeemable for cash or exchangeable for General Partner common stock per the partnership agreement. F2–The units are fully vested and have no expiration date.
Remarks: This Form 4 reports the same transaction that is also reported on a concurrent Form 4 for the General Partner.

Context

These are derivative/unit awards (not an open‑market buy or sale). Profits‑interest units give the holder an economic interest tied to the issuer’s future value and can be converted/redeemed under specified terms; their grant does not necessarily indicate immediate cash value or a sale.

Form 4

Period: 2026-03-13

CFO

Transactions

Award
Long-Term Incentive Units
[F1][F2]
2026-03-13+2,964→ 84,590 total
→ Common Units (2,964 underlying)

Footnotes (2)

[F1]Long-term incentive units are profits interest units in the Issuer, of which Digital Realty Trust, Inc. ("General Partner") is the general partner. Vested profits interest units may be converted into an equal number of common limited partnership ("Common Units") in the Issuer subject to the terms of the Issuer's limited partnership agreement. Common Units are redeemable for cash based on the fair market value of an equivalent numbers of shares of the General Partner's common stock, or, at the election of the General Partner, for an equal number of shares of the General Partner's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events.
[F2]Such units are fully vested. The vested profits interest units have no expiration date.

Signature

/s/ Salini Nandipati, Attorney-in-Fact|2026-03-17

1 file