Equinix (NASDAQ: EQIX) CLO turns RSU bonus into 559-share sale

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Equinix Inc. Chief Legal Officer Kurt Pletcher reported a mix of equity awards and sales. On March 11, 2026, he received a grant of 559 restricted stock units under the 2025 Annual Incentive Plan after performance criteria were met, which were then fully converted into 559 shares of common stock.

On March 12, 2026, he sold 559 shares of Equinix common stock in a series of open-market transactions pursuant to a Rule 10b5-1 trading plan, at weighted-average prices within disclosed ranges from $957.55 to $969.80 per share. After these trades, he directly owned 4,108.955 shares of Equinix common stock.

Insider Trade Summary 10b5-1

Net Seller: 559 shares ($539,819)

Net Sell 14 txns

Insider Pletcher Kurt

Role Chief Legal Officer

Sold 559 shs ($540K)

Type	Security	Shares	Price	Value
Sale	Common Stock	16	$958.0048	$15K
Sale	Common Stock	28	$959.004	$27K
Sale	Common Stock	20	$960.1291	$19K
Sale	Common Stock	46	$961.1728	$44K
Sale	Common Stock	37	$962.5967	$36K
Sale	Common Stock	16	$963.7176	$15K
Sale	Common Stock	32	$965.3438	$31K
Sale	Common Stock	36	$966.1606	$35K
Sale	Common Stock	164	$967.4416	$159K
Sale	Common Stock	101	$968.2977	$98K
Sale	Common Stock	63	$969.1412	$61K
Grant/Award	Restricted Stock Unit	559	$0.00	--
Exercise	Restricted Stock Unit	559	$0.00	--
Exercise	Common Stock	559	$0.00	--

Holdings After Transaction: Common Stock — 4,651.955 shares (Direct); Restricted Stock Unit — 559 shares (Direct)

Footnotes (1)

Shares sold pursuant to a 10b5-1 Trading Plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.55 to $958.48, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 through 12 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $958.59 to $959.455 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $959.625 to $960.4200 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $960.875 to $961.59 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.13 to $963.00 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $963.395 to $964.00 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $964.71 to $965.70 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $965.78 to $966.74 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $966.805 to $967.78 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.84 to $968.77 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.87 to $969.80 inclusive. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4. Restricted stock unit award expires upon reporting person's termination of service.

Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 04:14 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pletcher Kurt

(Last)

(First)

(Middle)

C/O EQUINIX INC.

ONE LAGOON DRIVE

(Street)

REDWOOD CITY

94065

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/11/2026		M		559	A	$0	4,667.955	D
Common Stock	03/12/2026		S⁽¹⁾		16	D	$958.0048⁽²⁾	4,651.955	D
Common Stock	03/12/2026		S⁽¹⁾		28	D	$959.004⁽³⁾	4,623.955	D
Common Stock	03/12/2026		S⁽¹⁾		20	D	$960.1291⁽⁴⁾	4,603.955	D
Common Stock	03/12/2026		S⁽¹⁾		46	D	$961.1728⁽⁵⁾	4,557.955	D
Common Stock	03/12/2026		S⁽¹⁾		37	D	$962.5967⁽⁶⁾	4,520.955	D
Common Stock	03/12/2026		S⁽¹⁾		16	D	$963.7176⁽⁷⁾	4,504.955	D
Common Stock	03/12/2026		S⁽¹⁾		32	D	$965.3438⁽⁸⁾	4,472.955	D
Common Stock	03/12/2026		S⁽¹⁾		36	D	$966.1606⁽⁹⁾	4,436.955	D
Common Stock	03/12/2026		S⁽¹⁾		164	D	$967.4416⁽¹⁰⁾	4,272.955	D
Common Stock	03/12/2026		S⁽¹⁾		101	D	$968.2977⁽¹¹⁾	4,171.955	D
Common Stock	03/12/2026		S⁽¹⁾		63	D	$969.1412⁽¹²⁾	4,108.955	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$0	03/11/2026		A		559		⁽¹³⁾	⁽¹⁴⁾	Common Stock	559	$0	559	D
Restricted Stock Unit	$0	03/11/2026		M			559	⁽¹³⁾	⁽¹⁴⁾	Common Stock	559	$0	0	D

Explanation of Responses:

1. Shares sold pursuant to a 10b5-1 Trading Plan.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.55 to $958.48, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 through 12 to this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $958.59 to $959.455 inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $959.625 to $960.4200 inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $960.875 to $961.59 inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.13 to $963.00 inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $963.395 to $964.00 inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $964.71 to $965.70 inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $965.78 to $966.74 inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $966.805 to $967.78 inclusive.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.84 to $968.77 inclusive.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.87 to $969.80 inclusive.

13. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.

14. Restricted stock unit award expires upon reporting person's termination of service.

	/s/ Samantha Lagocki, POA	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Equinix (EQIX) Chief Legal Officer Kurt Pletcher report?

Kurt Pletcher reported receiving 559 restricted stock units that converted into 559 common shares, then selling 559 shares in multiple open-market trades under a Rule 10b5-1 trading plan, while retaining 4,108.955 shares directly.

How many Equinix (EQIX) shares did the CLO sell and at what prices?

The Chief Legal Officer sold 559 Equinix common shares in several open-market transactions. Weighted-average sale prices fell within SEC-disclosed ranges between $957.55 and $969.80 per share, reflecting execution across multiple trades rather than a single transaction.

Was the Equinix (EQIX) insider stock sale pre-planned under Rule 10b5-1?

Yes. Footnotes state the shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans are established in advance, making the timing of these sales more routine and less indicative of a discretionary market-timing decision by the insider.

What equity award did Equinix (EQIX) grant its Chief Legal Officer in March 2026?

Under the 2025 Annual Incentive Plan, Equinix granted the CLO 559 fully vested restricted stock units on March 11, 2026. The Compensation Committee determined performance criteria were achieved, resulting in 100% of the award being granted and then converted into common shares.

How many Equinix (EQIX) shares does the CLO hold after the reported transactions?

Following the March 2026 award, conversion, and subsequent sales, the Chief Legal Officer directly owns 4,108.955 shares of Equinix common stock, according to the Form 4 data summarizing his post-transaction holdings.

What is the nature of the restricted stock unit award reported by Equinix (EQIX)?

The award consists of restricted stock units that were fully vested upon grant under the 2025 Annual Incentive Plan. Footnotes note the award expires upon the reporting person’s termination of service, linking continued eligibility to ongoing service with Equinix.