Business Context and Reporting Period
Company: Digital Realty Trust, Inc. and Digital Realty Trust, L.P.
Filing Type: Form 8-K (Current Report)
Date of Report: February 17, 2026
Event: Filing of a new automatic shelf registration statement (Form S-3ASR) to replace an expiring prior statement and updating the associated At-The-Market (ATM) Equity Sales Agreement.
Key Financial Metrics
This filing does not report operational financial metrics such as revenue, profit, cash flow, margins, or debt levels. The only financial data provided relates to the equity sales program:
- Total Common Stock Sold under Prior Agreement: $1,113,647,744.50 (aggregate gross sales price).
- Remaining Capacity Available for Sale: Up to $1,886,352,255.50.
Material Changes
The primary material change is the administrative replacement of the company's shelf registration statement:
- Termination: The Prior Registration Statement (filed March 16, 2023) was deemed terminated upon the effectiveness of the New Registration Statement on February 17, 2026.
- New Registration: A new automatic shelf registration statement (Registration Nos. 333-293494 and 333-293494-01) became effective to allow for future securities offerings.
- ATM Update: A prospectus supplement was filed to align the ATM Equity Sales Agreement with the new registration statement.
Guidance, Outlook, and Risks
Management Commentary: The filing is procedural and contains no management commentary regarding business outlook, strategic guidance, or operational risks.
Contingencies: The filing notes the validity of shares to be offered is supported by an opinion from Venable LLP.
Unusual Items: None reported. The filing is a standard regulatory update to maintain the company's ability to issue equity.
Investor Verification Checklist
- Verify the remaining $1.89 billion capacity under the ATM program to assess potential future dilution.
- Confirm the list of sales agents and forward purchasers (including major banks like J.P. Morgan, Morgan Stanley, and BofA) to understand the distribution network.
- Review the new Form S-3ASR (Nos. 333-293494) for any changes in terms compared to the prior statement.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-K or 10-Q for operational metrics.