Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-28

Digital Realty Trust, INC. (DLR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$21,071,498
Andrew Power total, FY2025
61st
CEO pay percentile vs peers
174:1
CEO-to-median pay ratio
89.7%
Say-on-pay support, latest vote
Companies that benchmark against DLR
25 companies name DLR as a compensation peer

Each company listed discloses DLR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named DLR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Andrew Power$978,846$0$14,174,684$0$3,700,000$0$2,217,967$21,071,498
President & Chief Executive Officer
Matthew Mercier594,71103,899,84601,065,0000379,7305,939,288
Chief Financial Officer
Jeannie Lee494,71202,115,9220850,0000296,5633,757,196
Executive Vice President, General Counsel and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Andrew Power$21,071,498$16,254,114$12,355,560+4,817,384
Matthew Mercier5,939,2883,933,1432,504,036+2,006,145
Jeannie Lee3,757,1963,155,230+601,966

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jean F.H.P. MandevilleDirector2026-05-28D284$191$54,366CommonForm 4 ↗
Dividend-equivalent accruals2026-05-2910,8388 insiders, 8 accrual rows
Jean F.H.P. MandevilleDirector2026-05-29A1,28900CommonForm 4 ↗
Dividend-equivalent accruals2026-06-303062 insiders, 2 accrual rows
Christine Beseda KornegayCHIEF ACCOUNTING OFFICER2026-07-01D531769,345CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 13 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jean F.H.P. MandevilleDirector2026-05-28D284$191$54,366CommonForm 4 ↗
Stephen R. BolzeDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
Mary Hogan PreusseDirector2026-05-29A1,81500Derivative, Class A CommonForm 4 ↗
Afshin MohebbiDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
VeraLinn JamiesonDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
Jean F.H.P. MandevilleDirector2026-05-29A1,28900CommonForm 4 ↗
Susan SwanezyDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
Mark R. PattersonDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
William G. LaPerchDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
Kevin J. KennedyDirector2026-05-29A1,28900Derivative, Class A CommonForm 4 ↗
Susan SwanezyDirector2026-06-30A15300Derivative, Class A CommonForm 4 ↗
VeraLinn JamiesonDirector2026-06-30A15300Derivative, Class A CommonForm 4 ↗
Christine Beseda KornegayCHIEF ACCOUNTING OFFICER2026-07-01D531769,345CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Andrew PowerPSU2025-01-019,50018,99937,998$3,974,971
Andrew PowerPSU2025-01-0111,20822,41544,8303,974,852
Jeannie LeePSU2025-01-011,3572,7135,426481,096
Jeannie LeeRSU2025-01-015,427962,370
Matthew MercierPSU2025-01-012,7495,49810,996974,960
Jeannie LeePSU2025-01-011,1502,3004,600481,206
Matthew MercierPSU2025-01-012,3304,6609,320974,965
Andrew PowerRSU2025-01-0129,8875,299,862
Matthew MercierRSU2025-01-0110,9961,949,921
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Andrew Power$5,299,862$7,949,823$060.0%
Jeannie Lee962,370962,302050.0%
Matthew Mercier1,949,9211,949,925050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jeannie LeePSU5,046$780,667
Matthew MercierRSU4,124638,024
Andrew PowerPSU46,8127,242,285
Matthew MercierRSU3,118482,386
Andrew PowerRSU8,0311,242,476
Jeannie LeeRSU5,427839,611
Jeannie LeeRSU2,749425,298
Jeannie LeeRSU2,492385,537
Jeannie LeeRSU2,079321,642
Jeannie LeeRSU1,432221,545
Andrew PowerRSU24,0413,719,383
Jeannie LeeRSU5,367830,329
Andrew PowerPSU39,7426,148,485
Andrew PowerRSU7,1541,106,795
Matthew MercierPSU7,0961,097,822
Andrew PowerRSU16,9542,622,953
Matthew MercierPSU8,3581,293,066
Jeannie LeePSU5,426839,456
Jeannie LeeRSU4,458689,697
Andrew PowerRSU21,2073,280,935
Jeannie LeeRSU56687,566
Matthew MercierRSU3,212496,929
Andrew PowerRSU29,8874,623,818
Matthew MercierRSU3,821591,147
Matthew MercierRSU57288,494
Matthew MercierRSU10,9961,701,191
Matthew MercierPSU10,9961,701,191
Andrew PowerPSU44,8306,935,649
Andrew PowerRSU28,0434,338,533
Andrew PowerRSU23,4063,621,142
Andrew PowerPSU18,9992,939,335
Matthew MercierRSU6,270970,032
Jeannie LeePSU5,944919,596
Matthew MercierPSU4,660720,949
Jeannie LeePSU2,300355,833
Andrew PowerRSU2,118327,676
Jeannie LeeRSU2,039315,454
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to attract, retain, and motivate leaders who drive sustained long-term value for our stockholders. A significant portion of target compensation for our named executive officers is closely aligned with our performance and tied directly to measurable financial, operational, and stockholder return results.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantSemler Brossy
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-29280,134,93532,164,890961,13389.7%Passed
20252025-06-06257,812,45537,402,568840,36787.33%Passed
20242024-06-07247,397,84929,626,141612,05489.31%Passed
20232023-06-08225,909,34129,250,936608,05588.54%Passed
20222022-06-03219,645,65427,835,569557,63488.75%Passed
20212021-06-03219,954,73626,589,856508,66089.21%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2989.7%a
20252025-06-0687.33%b
20242024-06-0789.31%c

a. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not be counted as votes cast on any of the matters and will have no effect on the approval of proposals 1, 2, 3, or 4.”.

b. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not be counted as votes cast on any of the matters and will have no effect on the approval of proposals 1, 2, 3, 4 or 5.”.

c. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not be counted as votes cast on any of the matters and will have no effect on the approval of proposals 1, 2 or 3.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)174 : 1
CEO total compensation$21,071,498
Median employee compensation$121,174
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mary Hogan PreusseIndependent · Board Chair · Talent and Compensation$150,000$329,983$0$0$0$479,983
Afshin MohebbiIndependent · Audit (Chair) · Talent and Compensation135,000229,892000364,892
Kevin J. KennedyIndependent · Talent and Compensation (Chair) · Nominating and Corporate Governance130,000229,892000359,892
William G. LaPerchIndependent · Audit · Nominating and Corporate Governance (Chair)129,627229,892000359,519
Mark R. PattersonIndependent · Talent and Compensation · Nominating and Corporate Governance115,000229,892000344,892
Jean F.H.P. MandevilleIndependent · Audit105,000229,892000334,892
Susan SwanezyIndependent · Audit · Talent and Compensation101,794229,892000331,686
VeraLinn JamiesonIndependent · Nominating and Corporate Governance99,665229,892000329,557
Andrew PowerEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$230,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)35,000 / 30,000 / 25,000
Stock ownership guideline$425,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$966,086
Equity awards (grant-date value)$1,939,227
All other compensation$0
Total cost of the board$2,905,313

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Digital Realty Trust, INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Digital Realty Trust, INC..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Welltower, Inc.2025Shankh Mitra$1,300,000$813,178,818$0$6,500,000$821,090,355
2Palo Alto Networks, Inc.2025Nikesh Arora1,000,00094,857,83801,200,00099,736,336
3ServiceNow2025William McDermott1,516,66743,481,65103,522,37551,550,957
4Autodesk, Inc.2026Andrew Anagnost1,040,00027,242,33001,717,56030,091,165
5Workday, Inc.2026Carl Eschenbach1,037,80822,982,99301,556,71226,031,706
6Equinix, Inc.2025Adaire Fox-Martin1,000,00021,416,9514322,654,885
7NetApp, Inc.2026George Kurian1,000,00019,552,87201,597,57522,157,635
8Digital Realty Trust, INC.2025Andrew Power978,84614,174,68403,700,00021,071,498
9Synopsys, Inc.2025Sassine Ghazi883,84613,019,6784,500,1081,194,83119,605,963
10Ventas, Inc.2025Debra Cafaro1,162,72012,015,05104,087,30317,501,073
11Realty Income Corporation2025Sumit Roy1,000,0009,149,49604,981,01216,251,931
12Prologis, Inc.2025Daniel Letter795,38512,500,990015,190,625
13American Tower Corporation2025Steven Vondran1,000,00011,528,74802,280,00014,854,505
14Crown Castle International Corporation2025Christian Hillabrant269,23112,147,0360823,52214,154,801
15Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
16Simon Property Group, Inc.2025David Simon1,250,0007,000,2610011,663,678
17Fortinet, Inc.2025Ken Xie597,00010,155,1020705,93711,458,039
18Alexandria Real Estate Equities2025Peter Moglia840,0006,106,50201,890,0008,844,053
19Arista Networks2025Jayshree Ullal300,0002,262,7850300,0002,872,145

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Digital Realty Trust, INC.378%PSU 60 · LTIP Units 40NoSemler Brossy
Alexandria Real Estate Equitiesnot disclosedPSU 50 · RSU 50Yes — Absolute TSRFTI Consulting, Inc.
American Tower Corporation114%PSU 70 · RSU 30Yes — Relative TSRMeridian Compensation Partners, LLC
Arista Networks100%PSU 50 · RSU 50NoAon
Autodesk, Inc.110.1%PSU 60 · RSU 40Yes — Relative TSR (rTSR) over three-year performance periodExequity LLP
Crown Castle International Corporation139.16%PRSU 60 · RSU 40NoFW Cook
Equinix, Inc.99%PSU 67 · RSU 33Yes — rTSRCompensia
Equity Residential114.45%PSU 100Yes — Performance of Company relative to weighted average TSR of companies in the FTSE Nareit Equity Apartments IndexFerguson Partners Consulting
Fortinet, Inc.103%RSU 50 · PSU 50YesCompensia, Inc.
NetApp, Inc.89.5%PSU 75 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
Palo Alto Networks, Inc.120%PSU 100NoMeridian Compensation Partners
Prologis, Inc.137.5%PSU 100NoPay Governance
Realty Income Corporation199%PSU 75 · RSU 25Yes — TSR ranking relative to MSCI US REIT IndexFPC
ServiceNownot disclosedPSU 60 · RSU 40Yes — rTSR vs. S&P 500Pay Governance, LLC
Simon Property Group, Inc.49.63%LTIP Units 75 · RSU 25Yes — TSR modifierSemler Brossy
Synopsys, Inc.66.4%PRSU 50 · RSU 25 · Option 25NoAon Reward Solutions
Ventas, Inc.352%PSU 70 · RSU 30Yes — TSR Relative to the Nareit Health Care IndexSemler Brossy
Welltower, Inc.200%not disclosedYes — TSR vs FTSE NAREIT Equity Health Care IndexFPC
Workday, Inc.101.8%RSU 75 · PSU 25NoSemler Brossy

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Digital Realty Trust, INC. in fiscal 2025?
The highest-paid executive at Digital Realty Trust, INC. in fiscal 2025 was Andrew Power, who served as President & Chief Executive Officer with total compensation of $21,071,498.
How does Digital Realty Trust, INC.'s chief executive pay compare to its disclosed peer group?
The filing shows that the CEO's pay was at the 61st percentile of the disclosed peer group.
What is Digital Realty Trust, INC.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 174:1.
How did shareholders vote on Digital Realty Trust, INC.'s executive compensation?
Shareholders provided 89.7% support in the latest vote on executive compensation.
How much does Digital Realty Trust, INC. spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 as $2,905,313.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Andrew PowerDEF 14A2026-04-170001308179-26-000296Section “Summary Compensation Table” · page 62. As printed: 21,071,498. Filing ↗machine: r2 · c14 · span 644147–644157
2Section 01, Matthew MercierDEF 14A2026-04-170001308179-26-000296Section “Summary Compensation Table” · page 62. As printed: 5,939,288. Filing ↗machine: r5 · c14 · span 648617–648626
3Section 01, Jeannie LeeDEF 14A2026-04-170001308179-26-000296Section “Summary Compensation Table” · page 62. As printed: 3,757,196. Filing ↗machine: r8 · c14 · span 652957–652966
4Section 03, Andrew Power PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r4 · c20 · span 690521–690527
5Section 03, Andrew Power PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r5 · c20 · span 694437–694443
6Section 03, Jeannie Lee PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r14 · c20 · span 729897–729902
7Section 03, Jeannie Lee RSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r12 · c28 · span 723031–723036
8Section 03, Matthew Mercier PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r10 · c20 · span 713984–713989
9Section 03, Jeannie Lee PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r13 · c20 · span 725986–725991
10Section 03, Matthew Mercier PSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r9 · c20 · span 710167–710172
11Section 03, Andrew Power RSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r3 · c28 · span 687563–687569
12Section 03, Matthew Mercier RSUDEF 14A2026-04-170001308179-26-000296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t283 · r8 · c28 · span 707419–707425
13Section 07, pay ratioDEF 14A2026-04-170001308179-26-000296Section “CEO Pay Ratio”. As printed: 174 : 1. Filing ↗machine: t340 · span 916391–916548
14Section 08, Mary Hogan PreusseDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 479,983. Filing ↗machine: t380 · r1 · c6 · span 1034519–1034526
15Section 08, Afshin MohebbiDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 364,892. Filing ↗machine: t380 · r6 · c6 · span 1038288–1038295
16Section 08, Kevin J. KennedyDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 359,892. Filing ↗machine: t380 · r3 · c6 · span 1036027–1036034
17Section 08, William G. LaPerchDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 359,519. Filing ↗machine: t380 · r4 · c6 · span 1036790–1036797
18Section 08, Mark R. PattersonDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 344,892. Filing ↗machine: t380 · r7 · c6 · span 1039036–1039043
19Section 08, Jean F.H.P. MandevilleDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 334,892. Filing ↗machine: t380 · r5 · c6 · span 1037543–1037550
20Section 08, Susan SwanezyDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 331,686. Filing ↗machine: t380 · r8 · c6 · span 1039794–1039801
21Section 08, VeraLinn JamiesonDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 329,557. Filing ↗machine: t380 · r2 · c6 · span 1035280–1035287
22Section 08, Andrew PowerDEF 14A2026-04-170001308179-26-000296Section “Director Compensation”. As printed: 0. Filing ↗
23Section 02, Jean F.H.P. Mandeville 2026-05-28Form 42026-06-010001219934-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Stephen R. Bolze 2026-05-29Form 42026-06-020002102470-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Mary Hogan Preusse 2026-05-29Form 42026-06-020001697749-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Afshin Mohebbi 2026-05-29Form 42026-06-020001206882-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, VeraLinn Jamieson 2026-05-29Form 42026-06-020001798457-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Jean F.H.P. Mandeville 2026-05-29Form 42026-06-020001219934-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Susan Swanezy 2026-05-29Form 42026-06-020001684062-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Mark R. Patterson 2026-05-29Form 42026-06-020001500081-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, William G. LaPerch 2026-05-29Form 42026-06-020001263157-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Kevin J. Kennedy 2026-05-29Form 42026-06-020001182379-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Susan Swanezy 2026-06-30Form 42026-07-020001684062-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, VeraLinn Jamieson 2026-06-30Form 42026-07-020001798457-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Christine Beseda Kornegay 2026-07-01Form 42026-07-020001392404-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
36Section 06, 2026 voteForm 8-K2026-06-010001104659-26-068907Item 5.07 · say-on-pay result. As reported: 89.7% (votes for as printed: 280,134,935). Filing ↗
37Section 06, 2025 voteForm 8-K2025-06-100001558370-25-008511Item 5.07 · say-on-pay result. As reported: 87.33% (votes for as printed: 257,812,455). Filing ↗
38Section 06, 2024 voteForm 8-K2024-06-110001558370-24-009057Item 5.07 · say-on-pay result. As reported: 89.31% (votes for as printed: 247,397,849). Filing ↗
39Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
40Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
41Section 09b board cost (computed)ComputedcomputedCash 966,086 + equity 1,939,227 + all other 0 = 2,905,313, summed across the director compensation table rows.machine: formula: Σ = 2,905,313
42Welltower, Inc., Section 10b CEO totalDEF 14A2026-04-100000766704-26-000014CEO total compensation as printed in Welltower, Inc.'s own proxy. As printed: 821,090,355. Filing ↗machine: t141 · r3 · c12 · span 1124520–1124531
43Palo Alto Networks, Inc., Section 10b CEO totalDEF 14A2025-11-070001308179-25-000624CEO total compensation as printed in Palo Alto Networks, Inc.'s own proxy. As printed: 99,736,336. Filing ↗machine: span 1766123–1766133
44ServiceNow, Section 10b CEO totalDEF 14A2026-04-060001373715-26-000039CEO total compensation as printed in ServiceNow's own proxy. As printed: 51,550,957. Filing ↗machine: r2 · c8 · span 2636904–2636914
45Autodesk, Inc., Section 10b CEO totalDEF 14A2026-05-060000769397-26-000030CEO total compensation as printed in Autodesk, Inc.'s own proxy. As printed: 30,091,165. Filing ↗machine: r2 · c42 · span 707592–707602
46Workday, Inc., Section 10b CEO totalDEF 14A2026-05-050001104659-26-055687CEO total compensation as printed in Workday, Inc.'s own proxy. As printed: 26,031,706. Filing ↗machine: r4 · c42 · span 1684714–1684724
47Equinix, Inc., Section 10b CEO totalDEF 14A2026-04-020001101239-26-000073CEO total compensation as printed in Equinix, Inc.'s own proxy. As printed: 22,654,885. Filing ↗machine: span 1101160–1101170
48NetApp, Inc., Section 10b CEO totalDEF 14A2026-07-280001193125-26-321210CEO total compensation as printed in NetApp, Inc.'s own proxy. As printed: 22,157,635. Filing ↗machine: r2 · c27 · span 1816914–1816924
49Digital Realty Trust, INC. (subject), Section 10b CEO totalDEF 14A2026-04-170001308179-26-000296CEO total compensation as printed in Digital Realty Trust, INC.'s own proxy. As printed: 21,071,498. Filing ↗machine: r2 · c14 · span 644147–644157
50Synopsys, Inc., Section 10b CEO totalDEF 14A2026-02-190000883241-26-000007CEO total compensation as printed in Synopsys, Inc.'s own proxy. As printed: 19,605,963. Filing ↗machine: r2 · c24 · span 1273671–1273681
51Ventas, Inc., Section 10b CEO totalDEF 14A2026-04-010000740260-26-000010CEO total compensation as printed in Ventas, Inc.'s own proxy. As printed: 17,501,073. Filing ↗machine: r2 · c42 · span 1775799–1775810
52Realty Income Corporation, Section 10b CEO totalDEF 14A2026-03-250000726728-26-000021CEO total compensation as printed in Realty Income Corporation's own proxy. As printed: 16,251,931. Filing ↗machine: r3 · c18 · span 1118130–1118140
53Prologis, Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115132CEO total compensation as printed in Prologis, Inc.'s own proxy. As printed: 15,190,625. Filing ↗machine: span 926776–926786
54American Tower Corporation, Section 10b CEO totalDEF 14A2026-04-080001053507-26-000088CEO total compensation as printed in American Tower Corporation's own proxy. As printed: 14,854,505. Filing ↗machine: span 1362503–1362513
55Crown Castle International Corporation, Section 10b CEO totalDEF 14A2026-04-060001051470-26-000039CEO total compensation as printed in Crown Castle International Corporation's own proxy. As printed: 14,154,801. Filing ↗machine: r3 · c42 · span 809142–809152
56Equity Residential, Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: t125 · r5 · c25 · span 1751090–1751100
57Simon Property Group, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038320CEO total compensation as printed in Simon Property Group, Inc.'s own proxy. As printed: 11,663,678. Filing ↗machine: t240 · r4 · c17 · span 1804893–1804903
58Fortinet, Inc., Section 10b CEO totalDEF 14A2026-04-290002077096-26-000106CEO total compensation as printed in Fortinet, Inc.'s own proxy. As printed: 11,458,039. Filing ↗machine: r4 · c14 · span 1588404–1588414
59Alexandria Real Estate Equities, Section 10b CEO totalDEF 14A2026-04-010001035443-26-000031CEO total compensation as printed in Alexandria Real Estate Equities's own proxy. As printed: 8,844,053. Filing ↗machine: r6 · c19 · span 3171042–3171051
60Arista Networks, Section 10b CEO totalDEF 14A2026-04-160001193125-26-158942CEO total compensation as printed in Arista Networks's own proxy. As printed: 2,872,145. Filing ↗machine: r3 · c33 · span 1052229–1052238
61Section 10a, Equity Residential reciprocityDEF 14A0001193125-26-155007Equity Residential names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, Fortinet, Inc. reciprocityDEF 14A0002077096-26-000106Fortinet, Inc. names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, NetApp, Inc. reciprocityDEF 14A0001193125-26-321210NetApp, Inc.'s most recent proxy was read; its disclosed peer group does not include Digital Realty Trust, INC.. Filing ↗
64Section 10a, Synopsys, Inc. reciprocityDEF 14A0000883241-26-000007Synopsys, Inc.'s most recent proxy was read; its disclosed peer group does not include Digital Realty Trust, INC.. Filing ↗
65Section 10a, Prologis, Inc. reciprocityDEF 14A0001193125-26-115132Prologis, Inc. names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, Ventas, Inc. reciprocityDEF 14A0000740260-26-000010Ventas, Inc. names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Autodesk, Inc. reciprocityDEF 14A0000769397-26-000030Autodesk, Inc.'s most recent proxy was read; its disclosed peer group does not include Digital Realty Trust, INC.. Filing ↗
68Section 10a, Arista Networks reciprocityDEF 14A0001193125-26-158942Arista Networks names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Equinix, Inc. reciprocityDEF 14A0001101239-26-000073Equinix, Inc. names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Realty Income Corporation reciprocityDEF 14A0000726728-26-000021Realty Income Corporation names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Welltower, Inc. reciprocityDEF 14A0000766704-26-000014Welltower, Inc. names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
72Section 10a, American Tower Corporation reciprocityDEF 14A0001053507-26-000088American Tower Corporation names Digital Realty Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Alexandria Real Estate Equities reciprocityDEF 14A0001035443-26-000031Alexandria Real Estate Equities's most recent proxy was read; its disclosed peer group does not include Digital Realty Trust, INC.. Filing ↗
74Section 10a, Workday, Inc. reciprocityDEF 14A0001104659-26-055687Workday, Inc.'s most recent proxy was read; its disclosed peer group does not include Digital Realty Trust, INC.. Filing ↗