Jamieson VeraLinn 4
4 · DIGITAL REALTY TRUST, INC. · Filed Jul 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, Inc. (DLR), was granted 153 long-term incentive units (reported as a derivative award) on 2026-06-30. The units were acquired at $0 per unit (reported value $0) and are recorded as profits interest units in Digital Realty Trust, L.P., the company’s operating partnership.
Key Details
- Transaction date: 2026-06-30; transaction type: Award/Grant (code A) of 153 units at $0.00.
- Reported value: $0 (derivative instrument — no cash paid at grant).
- Shares/units owned after transaction: not specified in this Form 4 filing.
- Footnote (F1): These are profits interest units in the Operating Partnership that may achieve parity with common limited partnership units and, once vested and pari-passu, can convert 1-for-1 into common units. Common units are redeemable for cash equal to the fair market value of an equivalent number of issuer shares or may be converted into issuer common stock.
- Filing note: This Form 4 was filed to report the same transaction that is also reported on a concurrent Form 4 for the Operating Partnership.
Context This is a standard equity compensation award to an insider (not a market purchase or sale). Profits interest units are derivative compensation that may convert into equity or cash under specified conditions; they do not necessarily reflect an immediate cash investment or liquidation event. No indication of late filing or of an immediate sale of any converted securities.
Insider Transaction Report
- Award
Long-Term Incentive Units
[F1][F2]2026-06-30+153→ 14,696 total→ Common Stock (153 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]N/A