LAPERCH WILLIAM G 4
4 · DIGITAL REALTY TRUST, INC. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Digital Realty (DLR) Director William Laperch Receives Award — 1,289 Units
What Happened
- William G. Laperch, a director of Digital Realty Trust, Inc. (DLR), was granted 1,289 long-term incentive units on May 29, 2026. The units were awarded as a derivative profits-interest grant at $0.00 per unit (no cash paid).
Key Details
- Transaction date: 2026-05-29 (Period of Report: 2026-05-29). Transaction code: A (award/grant).
- Shares/units granted: 1,289 profits interest units; reported acquisition price: $0.00 (derivative award), total cash value at grant: $0.
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Footnotes of note:
- F1: These are profits interest units in the Operating Partnership that can, upon certain events, achieve full parity with common limited partnership units and then convert 1-for-1 into Common Units. Common Units can be redeemed for cash based on fair market value or, at the issuer’s election, converted into an equal number of DLR common shares (subject to usual adjustments).
- 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 have no expiration.
- Filing remark: This Form 4 was filed to report the same information being reported concurrently on a Form 4 for the Operating Partnership.
- Timeliness: Filing does not indicate a late report.
Context
- This was a compensation/award grant (not a purchase or sale). Grants like this compensate insiders and do not necessarily signal a buying/selling intent. Because these are profits interest units (derivative awards), they may convert into equity-like Common Units or be redeemed for cash or shares in the future under the conditions described in the footnotes.
Insider Transaction Report
Form 4
LAPERCH WILLIAM G
Director
Transactions
- Award
Long-Term Incentive Units
[F1][F2]2026-05-29+1,289→ 14,769 total→ Common Stock (1,289 underlying)
Footnotes (2)
- [F1]Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, or, at the election of the Issuer, for an equal number of shares of the Issuer'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.
Signature
/s/ Salini Nandipati, Attorney-in-Fact|2026-06-02