Bolze Stephen R. 4

What Happened

• Stephen R. Bolze, a director of Digital Realty Trust, Inc. (DLR), received a grant of 1,289 Long-Term Incentive Units (profits interest units) on May 29, 2026. The award was reported as an acquisition at $0.00 per unit (derivative interest), so no cash was paid.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (Form 4 accession 0002102470-26-000010).
• Award: 1,289 Long-Term Incentive Units (profits interest units) recorded at $0.00 per unit.
• Shares/units owned after transaction: not disclosed in the provided Form 4.
• Footnote F1: These are profits interest units in Digital Realty Trust, L.P. They may initially lack full parity with common limited partnership units but can achieve full parity upon specified events and then convert 1-for-1 into Common Units; Common Units are redeemable for cash based on FMV or, at the issuer’s election, for shares of the issuer’s common stock.
• Footnote F2: Awards vest on the earlier of the first anniversary of the grant date or the day before the next annual meeting of stockholders; vested units that achieve parity have no expiration date.
• Remark: The filing notes the transaction is also being reported concurrently on a Form 4 for the Operating Partnership.

Context

• This is a grant of derivative units (profits interest), not a cash purchase or sale of stock. Such awards are a form of compensation and may convert into economic equity later if they achieve parity with common units.
• Grants are commonly part of compensation programs for executives and directors and do not by themselves signal an immediate buying or selling opinion by the insider.