DIGITAL REALTY TRUST, INC. 8-K

What Happened
Digital Realty Trust, Inc. (DLR) announced via Form 8-K (filed July 1, 2026) that it filed Articles Supplementary with the Maryland State Department of Assessments and Taxation to classify and designate 12,310,249 shares of its authorized common stock as non‑voting common stock. The new non‑voting shares have the same economic rights as DLR’s common stock (including dividends and redemption terms) except that they carry no voting rights. The change was made in connection with the closing of the Blackstone acquisition referenced in the filing.

Key Details

• Number of shares designated: 12,310,249 shares of common stock reclassified as non‑voting common stock.
• Par value: $0.01 per share (same as existing common stock).
• Conversion rule: Each non‑voting share automatically converts into one voting common share if the share is transferred by the initial holder or an affiliate to a person who is not affiliated with the initial holder (conversion occurs automatically, without action by the holder).
• Post‑conversion treatment: Upon conversion, the shares are retired and restored to the status of authorized but unissued common stock.
• Paperwork: The Articles Supplementary describing the change are filed as Exhibit 3.1 to the 8‑K.

Why It Matters
This action changes the voting profile of a specific block of DLR shares tied to the Blackstone transaction. Holders of the designated non‑voting shares retain the same economic rights (like dividends) but lose voting power until those shares convert upon transfer to unaffiliated parties. For investors, this affects how much voting influence the new holders (and related affiliates) will have on corporate matters; it also clarifies the company’s authorized share structure following the acquisition. Review the Articles Supplementary (Exhibit 3.1) and related transaction disclosures for full legal terms and any investor implications.