Form 4: Digital Realty CEO Andrew Power Reports Charitable Gift

Digital Realty Trust's President and CEO, Andrew Power, reported the disposition of 1,150 Long-Term Incentive Units through a charitable gift.

Summary

• Andrew Power, President and CEO of Digital Realty Trust, Inc. (DLR), filed a Form 4.
• The filing reports a transaction that occurred on September 18, 2025.
• 1,150 Long-Term Incentive Units (LTIUs) were disposed of.
• These LTIUs were converted into Common Units in Digital Realty Trust, L.P. and subsequently transferred as a charitable gift.
• Following this transaction, Andrew Power beneficially owns 343,551 derivative securities (Long-Term Incentive Units).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (charitable gift) which is generally neutral in its financial implications, though it represents a reduction in direct beneficial ownership. The small number of units relative to the company's size and the nature of the gift do not suggest a significant positive or negative sentiment shift.

Positives

• The transaction involved a charitable gift, which can reflect positively on corporate social responsibility.

Negatives

• A disposition of 1,150 Long-Term Incentive Units reduces the reporting person's direct beneficial ownership.

Related Party Transactions

• The Long-Term Incentive Units are profits interest units in Digital Realty Trust, L.P. (Operating Partnership), of which the Issuer (Digital Realty Trust, Inc.) is the general partner. The conversion of LTIUs to Common Units and their subsequent disposition involves entities related to the Issuer.

Stakeholder Impact

• Shareholders: Minor reduction in the CEO's direct beneficial ownership, which is generally not a significant concern given the nature of the transaction (charitable gift) and the relatively small number of units.

Key Dates

Keywords

Digital Realty Trust, DLR, Andrew Power, Insider Transaction, Form 4, Long-Term Incentive Units, Charitable Gift, CEO, Beneficial Ownership