Preusse Mary Hogan 4
4 · DIGITAL REALTY TRUST, L.P. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Digital Realty (DLR) Director Mary Hogan Preusse Receives Award
What Happened
Mary Hogan Preusse, a director of Digital Realty Trust, L.P. (DLR), was granted 1,815 long-term incentive (profits interest) units on May 29, 2026. The units were reported as acquired at $0.00 (award/derivative grant). These are not an open‑market purchase or sale but a compensation award.
Key Details
- Transaction date: 2026-05-29; Transaction type/code: Award/Grant (A). Report filed: 2026-06-02 (timely within required filing window).
- Amount: 1,815 profits interest units; reported acquisition price: $0.00.
- Shares/units owned after transaction: Not disclosed on this Form 4.
- Footnote highlights:
- F1: Profits interest units may convert into an equal number of Common Units, which are redeemable for cash based on fair market value of equivalent shares of the General Partner’s common stock, or for shares of the General Partner’s stock at the General Partner’s election.
- F2: Awards vest on the earlier of the first anniversary of the grant or the day before the next annual meeting of stockholders; vested units have no expiration.
- Remark: The change in ownership for the Issuer reflects the same transaction reported for the General Partner.
Context
This was a compensation grant (derivative award) to a director rather than an open-market buy or sale. Profits interest units are long-term incentive awards that can convert into partnership units redeemable for cash or stock under the partnership agreement; vesting rules apply. Such grants are common for directors and reflect compensation arrangements rather than direct buying or selling of company stock.
Insider Transaction Report
- Award
Long-Term Incentive Units
[F1][F2]2026-05-29+1,815→ 13,189 total→ Common Units (1,815 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.