DIGITAL REALTY TRUST, L.P.·4

Mar 17, 4:41 PM ET

Lee Jeannie 4

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

Research Summary

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Digital Realty (DLR) EVP Jeannie Lee Receives 5,324-Unit Award

What Happened

  • Jeannie Lee, EVP and General Counsel of Digital Realty Trust, L.P. (DLR), was granted 5,324 long-term incentive (profits interest) units on March 13, 2026. The award is reported as a derivative acquisition at $0 (grant). These units can convert into common limited partnership units or be redeemed based on the General Partner's common stock value per the partnership agreement.

Key Details

  • Transaction date: 2026-03-13; Form filed: 2026-03-17 (timely under Form 4 rules).
  • Transaction type/code: A — Award/Grant of derivative units; amount: 5,324 units; reported price: $0.00.
  • Vesting: Units vest in two equal annual installments beginning March 15, 2027; vested profits interest units have no expiration date. (See footnotes.)
  • Shares/units owned after transaction: Not specified in the Form 4 attachment provided.
  • Filing note: This Form 4 is filed to report a transaction also reported on a concurrent Form 4 for the General Partner.

Context

  • These are grant/award units (not an open-market purchase or sale). Grants are common as compensation and do not by themselves indicate a buy/sell signal.
  • The units are derivatives (profits interest units) that may convert to partnership common units or be redeemed for cash or common stock of the General Partner per the agreement. Vesting occurs over two years starting March 15, 2027.

Insider Transaction Report

Form 4
Period: 2026-03-13
Lee Jeannie
EVP, GENERAL COUNSEL
Transactions
  • Award

    Long-Term Incentive Units

    [F1][F2]
    2026-03-13+5,32468,579 total
    Common Units (5,324 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]The units will vest in two equal annual installments beginning on March 15, 2027. The vested profits interest units have no expiration date.
Signature
/s/ Salini Nandipati, Attorney-in-Fact|2026-03-17

Documents

1 file
  • 4
    form4-03172026_080333.xmlPrimary