Lee Jeannie 4

What Happened

• Jeannie Lee, EVP and General Counsel of Digital Realty Trust, L.P. (DLR), was granted 5,324 long-term incentive (profits interest) units on March 13, 2026. The award is reported as a derivative acquisition at $0 (grant). These units can convert into common limited partnership units or be redeemed based on the General Partner's common stock value per the partnership agreement.

Key Details

• Transaction date: 2026-03-13; Form filed: 2026-03-17 (timely under Form 4 rules).
• Transaction type/code: A — Award/Grant of derivative units; amount: 5,324 units; reported price: $0.00.
• Vesting: Units vest in two equal annual installments beginning March 15, 2027; vested profits interest units have no expiration date. (See footnotes.)
• Shares/units owned after transaction: Not specified in the Form 4 attachment provided.
• Filing note: This Form 4 is filed to report a transaction also reported on a concurrent Form 4 for the General Partner.

Context

• These are grant/award units (not an open-market purchase or sale). Grants are common as compensation and do not by themselves indicate a buy/sell signal.
• The units are derivatives (profits interest units) that may convert to partnership common units or be redeemed for cash or common stock of the General Partner per the agreement. Vesting occurs over two years starting March 15, 2027.