MOHEBBI AFSHIN 4

What Happened Afshin Mohebbi, a director of Digital Realty Trust, Inc. (DLR), received a grant of 1,289 long-term incentive units (reported as a derivative award) on May 29, 2026. The units were reported at $0.00 (no cash payment). These are profits interest units in Digital Realty Trust, L.P. (the Operating Partnership), not a cash purchase or open-market trade.

Key Details

• Transaction date: 2026-05-29; Form filed 2026-06-02 (filed within the standard two-business-day window).
• Award: 1,289 long-term incentive/profits interest units; reported price $0.00 (derivative award).
• Post-transaction ownership: not specified in the provided summary.
• Footnote F1: These are profits interest units in the Operating Partnership that can, upon specified events, achieve parity with common limited partnership units and then be converted 1-for-1 into common units. Common units may be redeemed for cash based on fair market value or converted into shares of the issuer’s common stock (issuer’s election).
• Footnote F2: Awards vest on the earlier of (i) the first anniversary of the grant date or (ii) the day before the next annual meeting of stockholders following the grant; vested units that have achieved parity have no expiration.
• Remarks: The same information was filed concurrently on a Form 4 for the Operating Partnership.

Context This was a non-cash equity award (an incentive/derivative grant), which is typically part of compensation or director retention programs and not an open-market buy or sell. Such grants do not necessarily signal personal buying or selling intent. The units have conversion and redemption mechanics that can ultimately tie them to issuer stock value once conditions for parity and vesting are met.