DIGITAL REALTY TRUST, INC. 8-K

What Happened

• Digital Realty Trust, Inc. and its operating partnership filed an automatic shelf registration statement on Form S-3ASR that became effective on February 17, 2026, replacing the prior registration that was set to expire March 16, 2026.
• Along with the new registration, the company filed an ATM prospectus supplement (dated February 17, 2026) under the ATM Equity Sales Agreement (originally dated December 23, 2024) with a group of sales agents and forward purchasers.
• Prior to terminating the prior registration, the company had sold common stock under the Sales Agreement totaling $1,113,647,744.50 in gross proceeds; up to $1,886,352,255.50 of common stock issuance capacity remains available under the new registration. An opinion of Venable LLP regarding the validity of the shares was filed as Exhibit 5.1.

Key Details

• Effective date of new registration: February 17, 2026 (Prior registration scheduled to expire March 16, 2026).
• Amount already sold under the Sales Agreement: $1,113,647,744.50 (gross).
• Remaining offering capacity under the new registration/Sales Agreement: $1,886,352,255.50.
• Legal opinion on share validity filed (Venable LLP).

Why It Matters

• This filing restores and extends Digital Realty’s ability to raise equity capital through an at-the-market (ATM) program, giving the company the option to sell shares over time up to the stated remaining amount.
• For investors, that means potential future dilution if and when shares are sold, but also provides the company flexibility to fund operations, development, acquisitions or debt needs without a single large equity offering.
• The filing itself does not mandate any immediate share sales; it simply makes the capacity available under the Sales Agreement and new registration.