---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010809"
form_type: "8-K"
ticker: "DLR"
cik: "0001297996"
company_name: "DIGITAL REALTY TRUST, INC."
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:11:38.446732+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digital Realty terminates CRO Corey Dyer without cause; sells Dallas asset for $150M; raises $743M via ATM

## Summary
- CRO Corey Dyer terminated without cause, effective June 30, 2023, eligible for ~$1.3M cash severance.
- Closed sale of non-core Dallas data center for $150M net proceeds; proceeds to repay borrowings.
- Sold 7.82M shares at weighted avg $95.96 via ATM in Q2 2023 for gross $750M (net $743M).
- Entered forward equity sale agreements for 3.45M shares at initial forward price of ~$97.68.
- Proceeds from ATM and asset sale to reduce outstanding credit facility borrowings.

## SEC filing metadata
- accession: 0001558370-23-010809
- form_type: 8-K
- ticker: DLR
- cik: 0001297996
- company_name: DIGITAL REALTY TRUST, INC.
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297996/000155837023010809/0001558370-23-010809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000155837023010809/dlr-20230605x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010809
- JSON: https://secwatch.observer/filing/0001558370-23-010809.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010809.txt

## Key facts
- Executive change
  Corey Dyer was terminated as Chief Revenue Officer at DIGITAL REALTY TRUST, INC..
  - Action: terminated
  - Role: Chief Revenue Officer
  source text: On June 5, 2023, the company announced the termination of Corey Dyer as Chief Revenue Officer of the company without cause, effective June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297996/000155837023010809/0001558370-23-010809-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.