LAPERCH WILLIAM G 4
4 · DIGITAL REALTY TRUST, L.P. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Digital Realty (DLR) Director William G. Laperch Receives Award
What Happened
William G. Laperch, a director of Digital Realty Trust, L.P. (DLR), was granted 1,289 long‑term incentive (profits interest) units on May 29, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no cash paid). These profits interest units may convert into common limited partnership units (and ultimately be redeemed for cash or converted into shares of the General Partner’s common stock under the partnership agreement).
Key Details
- Transaction date: 2026-05-29; Form filed 2026-06-02. The filing notes no late-reporting flag.
- Quantity and price: 1,289 units acquired at $0.00 (derivative award).
- Shares/units owned after transaction: not specified in this filing.
- Footnotes: Units are "profits interest" that can be converted into an equal number of common limited partnership units; common units are redeemable for cash based on fair market value or, at the General Partner’s election, for General Partner common stock.
- Vesting: Awards vest on the earlier of (i) the first anniversary of the grant or (ii) the day before the next annual stockholders’ meeting; vested profits interest units have no expiration.
- Remark: This change is also being reported on a Form 4 for the General Partner.
Context: This is a compensation grant (award) rather than an open‑market purchase or sale. Profits interest units are a derivative form of partnership equity tied to the General Partner’s equity value; such grants are common for aligning long‑term incentives and do not by themselves indicate a buy or sell signal.
Insider Transaction Report
- Award
Long-Term Incentive Units
[F1][F2]2026-05-29+1,289→ 14,769 total→ Common Units (1,289 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]Awards vest on the earlier of (i) the first anniversary of the grant date or (b) the day before the date of the next annual meeting of stockholders of the Company to occur following the grant date. The vested profits interest units have no expiration date.