Jamieson VeraLinn 4
4 · DIGITAL REALTY TRUST, L.P. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Digital Realty (DLR) Director Jamieson VeraLinn Receives 153-Unit Award
What Happened
Jamieson VeraLinn, a director of Digital Realty Trust, L.P. (DLR), was granted 153 long-term incentive units (profits interest units) on 2026-06-30. The award is reported as a derivative acquisition (transaction code A) at $0.00 per unit, so there was no cash paid at grant. Per the filing, vested profits interest units may convert into common limited partnership units, which are 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: 2026-06-30; Form 4 filed 2026-07-02.
- Instrument: 153 profits interest long-term incentive units (derivative); transaction code A (award/acquisition).
- Reported price/value at grant: $0.00 per unit (total immediate cash $0).
- Shares/units owned after transaction: Not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
- Footnotes: F1 explains conversion mechanics of profits interest units into Common Units and potential redemption or stock conversion; F2 = N/A.
- Remarks: This change is also being reported concurrently on a Form 4 for the General Partner.
- Timeliness: No late-filing flag indicated; filing was two days after the transaction date.
Context
This was an equity compensation award (a derivative grant), not an open-market buy or sale. Such grants are common for directors as part of long-term incentive compensation and do not by themselves signal immediate buying or selling intent. If and when these units vest, convert, or are sold, those transactions will be reported separately.
Insider Transaction Report
- Award
Long-Term Incentive Units
[F1][F2]2026-06-30+153→ 14,696 total→ Common Units (153 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