[Form 4] DIGITAL REALTY TRUST, INC. Insider Trading Activity
Rhea-AI Filing Summary
DIGITAL REALTY TRUST, INC. director Mark R. Patterson received a grant of 1,289 Long-Term Incentive Units on May 29, 2026 as equity compensation. These units are profits interest units in Digital Realty Trust, L.P. and are tied to the company’s common stock value. After this award, he holds 15,509 such units directly. The units can vest and later convert into an equal number of common partnership units, which are redeemable in cash or, at the issuer’s election, shares of common stock. The award vests on the earlier of the first anniversary of the grant date or the day before the next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant via Long-Term Incentive Units.
Director Mark R. Patterson was granted 1,289 Long-Term Incentive Units at a stated price of $0.00 per unit. This is characterized as a grant or award rather than an open-market purchase, so it functions as part of his compensation package.
The units are profits interests in Digital Realty Trust, L.P. that can, after vesting and meeting parity conditions, convert 1-for-1 into Common Units and then into cash or shares of common stock. With 15,509 units reported following the grant and no sales, this filing mainly updates his incentive position.
The award vests on the earlier of the first anniversary of the grant date or the day before the next annual stockholder meeting, so future company filings around that time may show vesting or conversions if conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Long-Term Incentive Units | 1,289 | $0.00 | -- |
Footnotes (1)
- Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock rights, specified extraordinary distributions or similar events. 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.
