Bolze Stephen R. 4

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.