DIGITAL REALTY TRUST, L.P.·4

Mar 17, 4:50 PM ET

Mercier Matt 4

Research Summary

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Digital Realty (DLR) CFO Matt Mercier Receives 2,964-Unit Award

What Happened

  • Matt Mercier, Chief Financial Officer of Digital Realty Trust, L.P. (DLR), was granted/received 2,964 long‑term incentive units (reported as a derivative award) on 2026-03-13. The filing shows $0 cash paid for the award (transaction code A), reflecting a profits‑interest/unit award rather than an open‑market purchase.

Key Details

  • Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely within required window).
  • Amount: 2,964 profits‑interest units; reported acquisition price: $0 (award/grant).
  • Shares owned after transaction: not specified in this filing.
  • Footnotes: F1–These are profits interest units convertible into common limited partnership units and ultimately redeemable for cash or exchangeable for General Partner common stock per the partnership agreement. F2–The units are fully vested and have no expiration date.
  • Remarks: This Form 4 reports the same transaction that is also reported on a concurrent Form 4 for the General Partner.

Context

  • These are derivative/unit awards (not an open‑market buy or sale). Profits‑interest units give the holder an economic interest tied to the issuer’s future value and can be converted/redeemed under specified terms; their grant does not necessarily indicate immediate cash value or a sale.