Jamieson VeraLinn 4
4 · DIGITAL REALTY TRUST, L.P. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Digital Realty (DLR) Director Jamieson VeraLinn Receives Award
What Happened
Jamieson VeraLinn, a director of Digital Realty Trust, L.P. (DLR), received a grant of 152 long-term incentive units (reported as a derivative award) on March 31, 2026. The award is reported at $0.00 per unit (total reported value $0) because these are profits interest units rather than a cash purchase.
Key Details
- Transaction date: 2026-03-31; Transaction type: Award/Grant (code A) of 152 units at $0.00 (derivative).
- Filing date: 2026-04-02 — appears timely (Form 4s are generally due within two business days).
- Shares owned after transaction: not specified in this filing.
- Footnote (F1): These "long-term incentive units" are profits interest units that may convert into an equal number of common limited partnership units; common units can be redeemed for cash based on fair market value of the General Partner's common stock or, at the General Partner's election, for shares of the General Partner's common stock.
- Remarks: This Form 4 was filed to report transactions that are also being reported concurrently on a Form 4 for the General Partner.
Context
Profits interest (long-term incentive) units are a form of derivative compensation tied to future company performance and conversion rules; they do not represent an immediate cash purchase or sale. Such awards are common for aligning executive/director incentives with long-term value creation and should not be read as an immediate market buy/sell signal.
Insider Transaction Report
- Award
Long-Term Incentive Units
[F1][F2]2026-03-31+152→ 13,254 total→ Common Units (152 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]N/A