---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011812"
form_type: "8-K"
ticker: "DLR"
cik: "0001297996"
company_name: "DIGITAL REALTY TRUST, INC."
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:24:13.975638+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Digital Realty adopts 2025 Carried Interest Plan; CEO Power gets 4.5%, CFO Mercier 1.5% carry

## Summary
- Plan adopted Aug 27, 2025; awards are carried interest or promote percentages in strategic capital ventures.
- CEO Andrew Power awarded 4.5%; CFO Matthew Mercier awarded 1.5% carried interest/promote percentage.
- Awards vest upon combined service (4-year annual tranches) and performance condition (first Carried Interest Payment Date meeting hurdles).
- Accelerated vesting on termination without cause, for good reason, retirement, death, or disability; forfeiture for cause or voluntary quit.
- Individual annual payout capped at 3x (base salary + target bonus + target equity); plan subject to clawback and change-in-control provisions.

## SEC filing metadata
- accession: 0001558370-25-011812
- form_type: 8-K
- ticker: DLR
- cik: 0001297996
- company_name: DIGITAL REALTY TRUST, INC.
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297996/000155837025011812/0001558370-25-011812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000155837025011812/dlr-20250827x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011812
- JSON: https://secwatch.observer/filing/0001558370-25-011812.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011812.txt

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