DIGITAL REALTY TRUST, L.P.·4

Jun 2, 4:09 PM ET

Jamieson VeraLinn 4

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Digital Realty (DLR) Director Jamieson VeraLinn Receives 1,289-Unit Award

What Happened
Jamieson VeraLinn, a director of Digital Realty Trust, L.P. (DLR), was granted 1,289 long-term incentive units (recorded as a derivative award) on May 29, 2026. The units were granted at a $0.00 acquisition price (compensation award rather than a market purchase). These profits interest units can convert into common limited partnership units and are ultimately redeemable for cash based on fair market value or, at the General Partner’s election, for shares of the General Partner’s common stock.

Key Details

  • Transaction date: 2026-05-29; filing date: 2026-06-02 (filing appears to be within the typical two-business-day Form 4 deadline).
  • Award: 1,289 long-term incentive (profits interest) units; acquisition price reported as $0.00.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote F1: Profits interest units may convert into an equal number of common limited partnership units; common units are redeemable for cash based on fair market value or for GP common stock (subject to adjustments).
  • Footnote 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.
  • Remark: The change is also being reported concurrently on a Form 4 for the General Partner.

Context
This was a compensation grant (an award of derivative units), not an open-market purchase or sale. Derivative awards like profits interest units may convert into equity or cash later, so they do not represent an immediate purchase or sale of common stock. Such grants are common as long-term incentive compensation for directors and executives.