LAPERCH WILLIAM G 4

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.