Preusse Mary Hogan 4

4 · DIGITAL REALTY TRUST, INC. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Digital Realty (DLR) Director Mary Hogan Receives Award

What Happened

Mary Hogan, a director of Digital Realty Trust, Inc. (DLR), was granted 1,815 Long‑Term Incentive Units (profits interest units) on 2026-05-29. The award is reported as a derivative grant (code A) with an acquisition price of $0. These profits interest units may not initially have full parity with common limited partnership units but can achieve full parity upon specified events and, once vested and pari‑passu, can be converted 1-for-1 into Operating Partnership common units (which are redeemable for cash or converted into issuer common stock).

Key Details

Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (appears filed within the 2-business‑day window).
Award: 1,815 Long‑Term Incentive Units (profits interest); reported acquisition price: $0 (derivative).
Vesting: awards vest on the earlier of (i) the first anniversary of the grant or (ii) the day before the next annual meeting of stockholders after the grant; vested units have no expiration.
Shares owned after transaction: not specified in the provided excerpt.
Remarks: Changes in issuer beneficial ownership reflect the same transactions reported on the Operating Partnership’s Form 4.

Context

This is a grant/award (not an open‑market purchase or sale). Profits interest units typically carry no upfront purchase price and only realize value if partnership performance or specified events occur; they can convert into common partnership units and ultimately into cash or issuer shares per plan terms. This type of award is a routine form of equity compensation for directors and executives.

Form 4

Period: 2026-05-29

Director

Transactions

Award
Long-Term Incentive Units
[F1][F2]
2026-05-29+1,815→ 13,189 total
→ Common Stock (1,815 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

1 file