Digital Realty (DLR) Director Mark Patterson Receives Award

What Happened Mark R. Patterson, a director of Digital Realty Trust, Inc. (DLR), was granted 1,289 Long-Term Incentive Units (profits interest units in the Operating Partnership) on May 29, 2026. The award is reported as a derivative grant at a $0 purchase price (transaction code A) — the filing shows acquisition of 1,289 units with a reported dollar value of $0.

Key Details

• Transaction date: 2026-05-29; Form 4 filed 2026-06-02 (timely filed within required two business days).
• Transaction type: Grant / Award of derivative securities (code A).
• Amount: 1,289 Long-Term Incentive Units; price shown $0; total reported $0.
• Shares/units owned after transaction: Not specified in the filing.
• Footnote highlights:
  • F1: These are profits interest units in Digital Realty Trust, L.P. They may not initially have full parity with Common Units but can achieve full parity and convert 1-for-1 to Common Units; Common Units can be redeemed for cash based on fair market value or exchanged for shares of DLR common stock.
  • 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; vested units have no expiration.
• Remarks: The Form 4 notes the information is also reported on a concurrent Form 4 for the Operating Partnership.

Context This filing reports a compensation grant (derivative award), not an open-market purchase or sale. Grants recorded at $0 are common for profits interest awards and do not necessarily reflect no economic value — they can provide future value if/when units vest and attain parity with Common Units (and are converted or redeemed). Such awards are routine executive/director compensation and should not be interpreted as an immediate buy or sell signal.