DIGITAL REALTY TRUST, L.P.·4

Jun 2, 4:08 PM ET

Bolze Stephen R. 4

4 · DIGITAL REALTY TRUST, L.P. · Filed Jun 2, 2026

Research Summary

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Updated

Digital Realty (DLR) Director Stephen R. Bolze Receives 1,289-Unit Award

What Happened

  • Stephen R. Bolze, a director of Digital Realty Trust, L.P. (DLR), received a grant of 1,289 long-term incentive/profits interest units on 2026-05-29. The Form 4 reports these as a derivative award (code A) at $0.00 per unit (total reported value $0). The filing was made concurrently with a Form 4 for the General Partner.

Key Details

  • Transaction date: 2026-05-29; filing date (Form 4): 2026-06-02 (timely — within two business days).
  • Transaction type/code: Award/Grant (A); derivative instrument (profits interest units).
  • Quantity and price: 1,289 units at $0.00 reported per unit (no cash paid on grant).
  • Shares/units owned after transaction: not specified in the provided excerpt of the filing.
  • Footnotes: (1) These are profits interest units that may convert into an equal number of Common Units in the Issuer; Common Units can be redeemed for cash based on fair market value of the GP’s common stock or, at the GP’s election, converted into GP common shares. (2) Awards vest on the earlier of the first anniversary of the grant or the day before the next annual meeting; vested units have no expiration date.
  • Filing note: Statement says the transaction is also reported on a Form 4 for the General Partner.

Context

  • This is an equity award (not a market purchase or sale), so it represents compensation/retention rather than an immediate personal investment decision. Because these are profits interest units (derivative), they can later convert to common units or value tied to the GP’s common stock per the partnership agreement.

Insider Transaction Report

Form 4
Period: 2026-05-29
Transactions
  • Award

    Long-Term Incentive Units

    [F1][F2]
    2026-05-29+1,2892,032 total
    Common Units (1,289 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]Awards vest on the earlier of (i) the first anniversary of the grant date or (b) the day before the date of the next annual meeting of stockholders of the Company to occur following the grant date. The vested profits interest units have no expiration date.
Signature
/s/ Salini Nandipati, Attorney-in-Fact|2026-06-02

Documents

1 file
  • 4
    form4-06022026_080611.xmlPrimary