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Form 8-K

sec.gov

8-K — DIGITAL REALTY TRUST, INC.

Accession: 0001193125-26-357083

Filed: 2026-08-19

Period: 2026-08-19

CIK: 0001297996

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — d145363d8k.htm (Primary)

EX-5.1 (d145363dex51.htm)

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8-K

8-K (Primary)

Filename: d145363d8k.htm · Sequence: 1

8-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 19, 2026

DIGITAL REALTY TRUST, INC.

DIGITAL REALTY TRUST, L.P.

(Exact name of registrant as specified in its charter)

Maryland

001-32336

26-0081711

Maryland

000-54023

20-2402955

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

601 West 2nd Street, Floor 32

Austin, Texas

78701

(Address of principal executive offices)

(Zip Code)

(737)

281-0101

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form

8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule

14a-12

under the Exchange Act (17 CFR

240.14a-12)

Pre-commencement

communications pursuant to Rule

14d-2(b)

under the Exchange Act (17 CFR

240.14d-2(b))

Pre-commencement

communications pursuant to Rule

13e-4(c)

under the Exchange Act (17 CFR

240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

symbol(s)

Name of each exchange

on which registered

Common Stock

DLR

New York Stock Exchange

Series J Cumulative Redeemable Preferred Stock

DLR Pr J

New York Stock Exchange

Series K Cumulative Redeemable Preferred Stock

DLR Pr K

New York Stock Exchange

Series L Cumulative Redeemable Preferred Stock

DLR Pr L

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule

12b-2

of the Securities Exchange Act of 1934 (§

240.12b-2

of this chapter).

Digital Realty Trust, Inc.:

Emerging growth company ☐

Digital Realty Trust, L.P.:

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Digital Realty Trust, Inc.: ☐

Digital Realty Trust, L.P.: ☐

Item 8.01.

Other Events.

In connection with Digital Realty Trust, Inc.’s (the “Company”) acquisition of Columbia Capital, the Company is registering the resale of certain shares of common stock that were issued as consideration in the transaction pursuant to a prospectus supplement being filed with the Securities and Exchange Commission on the date hereof. A copy of the legal opinion of Venable LLP regarding certain Maryland law issues concerning the shares of common stock that may be offered and sold pursuant to the prospectus supplement and the accompanying prospectus is filed herewith as Exhibit 5.1 and is incorporated herein by reference.

This Current Report shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

Exhibit

No.

Description

5.1

Opinion of Venable LLP.

23.1

Consent of Venable LLP (included in Exhibit 5.1).

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

Date: August 19, 2026

Digital Realty Trust, Inc.

By:

/s/ JEANNIE LEE

Jeannie Lee

Executive Vice President, General Counsel and Secretary

Digital Realty Trust, L.P.

By:

Digital Realty Trust, Inc.

Its general partner

By:

/s/ JEANNIE LEE

Jeannie Lee

Executive Vice President, General Counsel and Secretary

EX-5.1

EX-5.1

Filename: d145363dex51.htm · Sequence: 2

EX-5.1

Exhibit 5.1

August 19, 2026

Digital Realty Trust, Inc.

601 West 2nd Street

Floor 32

Austin, Texas 78701

Re:

Registration Statement on Form S-3 (Registration Nos. 333-293494 and 333-293494-01

Ladies and Gentlemen:

We have served as

Maryland counsel to Digital Realty Trust, Inc., a Maryland corporation (the “Company”), in connection with certain matters of Maryland law arising out of the issuance of 696,060 shares (the “Shares”) of common stock, $.01 par

value per share (the “Common Stock”), of the Company, covered by the above-referenced Registration Statement, and all amendments thereto (the “Registration Statement”), filed by the Company and Digital Realty Trust, L.P., a

Maryland limited partnership, with the United States Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “1933 Act”). The Shares were issued by the Company to the

stockholders of the Company named under the caption “Selling Stockholders” in the Prospectus Supplement (as defined herein) pursuant to the terms of the Purchase Agreement, dated as of May 8, 2026 (the “Purchase

Agreement”), by and among Digital Cloud Holding, LLC, a Delaware limited liability company, the Company, Columbia Capital GP, LLC, a Delaware limited liability company, the Seller Parties (as defined in the Purchase Agreement) and James B.

Fleming, Jr., as seller representative.

In connection with our representation of the Company, and as a basis for the opinion hereinafter

set forth, we have examined originals, or copies certified or otherwise identified to our satisfaction, of the following documents (hereinafter collectively referred to as the “Documents”):

1. The Registration Statement;

2. The Prospectus, dated February 17, 2026, as supplemented by a Prospectus Supplement, dated August 19, 2026 (the “Prospectus

Supplement”), filed with the Commission pursuant to Rule 424(b)(7) of the General Rules and Regulations promulgated under the 1933 Act;

3. The charter of the Company (the “Charter”), certified by the State Department of Assessments and Taxation of Maryland (the

“SDAT”);

4. The Ninth Amended and Restated Bylaws of the Company, certified as of the date hereof by an officer of the

Company;

Digital Realty Trust, Inc.

August 19, 2026

Page

2

5. A certificate of the SDAT as to the good standing of the Company, dated as of a recent

date;

6. Resolutions (the “Resolutions”) adopted by the Board of Directors of the Company relating to, among other matters,

the Purchase Agreement and the authorization of the issuance of the Shares pursuant to the terms thereof, certified as of the date hereof by an officer of the Company;

7. The Purchase Agreement;

8. A

certificate executed by an officer of the Company, dated as of the date hereof; and

9. Such other documents and matters as we have deemed

necessary or appropriate to express the opinion set forth below, subject to the assumptions, limitations and qualifications stated herein.

In expressing the opinion set forth below, we have assumed the following:

1. Each individual executing any of the Documents, whether on behalf of such individual or any other person, is legally competent to do so.

2. Each individual executing any of the Documents on behalf of a party (other than the Company) is duly authorized to do so.

3. Each of the parties (other than the Company) executing any of the Documents has duly and validly executed and delivered each of the

Documents to which such party is a signatory, and such party’s obligations set forth therein are legal, valid and binding and are enforceable in accordance with all stated terms.

4. All Documents submitted to us as originals are authentic. The form and content of all Documents submitted to us as unexecuted drafts do not

differ in any respect relevant to this opinion from the form and content of such Documents as executed and delivered. All Documents submitted to us as certified or photostatic copies conform to the original documents. All signatures on all Documents

are genuine. All public records reviewed or relied upon by us or on our behalf are true and complete. All representations, warranties, statements and information contained in the Documents are true and complete. There has been no oral or written

modification of or amendment to any of the Documents, and there has been no waiver of any provision of any of the Documents, by action or omission of the parties or otherwise.

5. The Shares were not issued and have not been transferred in violation of the restrictions on transfer and ownership set forth in Article VI

of the Charter.

Digital Realty Trust, Inc.

August 19, 2026

Page

3

Based upon the foregoing, and subject to the assumptions, limitations and

qualifications stated herein, it is our opinion that:

1. The Company is a corporation duly incorporated and existing under and by virtue

of the laws of the State of Maryland and is in good standing with the SDAT.

2. The issuance of the Shares has been duly authorized and the

Shares are validly issued, fully paid and nonassessable.

The foregoing opinion is limited to the laws of the State of Maryland and we do

not express any opinion herein concerning federal law or the laws of any other state. We express no opinion as to compliance with any federal or state securities laws, including the securities laws of the State of Maryland, or as to federal or state

laws regarding fraudulent transfers. To the extent that any matter as to which our opinion is expressed herein would be governed by the laws of any jurisdiction other than the State of Maryland, we do not express any opinion on such matter. The

opinion expressed herein is subject to the effect of judicial decisions which may permit the introduction of parol evidence to modify the terms or the interpretation of agreements.

The opinion expressed herein is limited to the matters specifically set forth herein and no other opinion shall be inferred beyond the matters

expressly stated. We assume no obligation to supplement this opinion if any applicable law changes after the date hereof or if we become aware of any fact that might change the opinion expressed herein after the date hereof.

This opinion is being furnished to you for submission to the Commission as an exhibit to the Company’s Current Report on Form 8-K relating to the issuance of the Shares (the “Current Report”), which is incorporated by reference in the Registration Statement. We hereby consent to the filing of this opinion as an exhibit to the

Current Report and the said incorporation by reference and to the use of the name of our firm therein. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section 7 of the 1933 Act.

Very truly yours,

/s/ Venable LLP

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Aug. 19, 2026

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