AI English summary of an SEC filing — figures as filed
Digital Realty DLRThe company said its board approved the Digital Realty 2025 Carried Interest Plan on August 27, 2025, under which certain employees, including named executive officers, will be eligible to receive carried interest and/or appreciation interest awards tied to strategic capital Vehicles.
Key points
AI summaryThe company said its board approved the Digital Realty 2025 Carried Interest Plan on August 27, 2025, under which certain employees, including named executive officers, will be eligible to receive carried interest and/or appreciation interest awards tied to strategic capital Vehicles.
Digital Realty said it granted Andrew P. Power, President & Chief Executive Officer, a carried interest or promote percentage of 4.5% and Matthew Mercier, Chief Financial Officer, 1.5% on August 27, 2025. It said none of the named executive officers has been granted or holds appreciation interest awards.
The company said awards vest in full only when both a service condition and a performance condition are met, and that the service condition is satisfied for 25% of an award on each of the first 4 anniversaries. It also said participant payouts from any carry vehicle's distributions will not exceed 50%.
The company said total payments a participant can receive in any calendar year may not exceed 3 times the sum of annual base salary rate, target annual bonus and target annual equity award value at the time of payment. It said awards are subject to clawback or repayment under the company's clawback policy, where applicable.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
2025 Carried Interest Plan Approved
The company said its board approved the Digital Realty 2025 Carried Interest Plan on August 27, 2025, under which certain employees, including named executive officers, will be eligible to receive carried interest and/or appreciation interest awards tied to strategic capital Vehicles.
Source · Based on the filing body and exhibits
Named Executive Officer Grant Percentages
Digital Realty said it granted Andrew P. Power, President & Chief Executive Officer, a carried interest or promote percentage of 4.5% and Matthew Mercier, Chief Financial Officer, 1.5% on August 27, 2025. It said none of the named executive officers has been granted or holds appreciation interest awards.
Source · Based on the filing body and exhibits
Vesting Conditions and Payment Limits
The company said awards vest in full only when both a service condition and a performance condition are met, and that the service condition is satisfied for 25% of an award on each of the first 4 anniversaries. It also said participant payouts from any carry vehicle's distributions will not exceed 50%.
Source · Based on the filing body and exhibits
Individual Payment Limit and Clawback Terms
The company said total payments a participant can receive in any calendar year may not exceed 3 times the sum of annual base salary rate, target annual bonus and target annual equity award value at the time of payment. It said awards are subject to clawback or repayment under the company's clawback policy, where applicable.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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