Equinix executive plans $318K stock sale
Rhea-AI Filing Summary
EQUINIX, INC. (EQIX) officer Michael Shane Paladin filed a Rule 144 notice indicating an intent to sell up to 307 shares of Equinix common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares relate to restricted stock vesting under a registered plan dated September 2, 2026. The filing also reports that Paladin sold 203 shares of Equinix common stock over the past three months for $206,189.52.
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Key Figures
Shares covered by current Rule 144 notice: 307 shares
Aggregate market value of securities to be sold: $317,748.07
Shares sold in past three months: 203 shares
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6 metrics
Shares covered by current Rule 144 notice
307 shares
Potential sale of Equinix common stock related to restricted stock vesting under a registered plan dated September 2, 2026
Aggregate market value of securities to be sold
$317,748.07
Value associated with the 307 shares of Equinix common stock in the Rule 144 notice
Shares sold in past three months
203 shares
Equinix common stock sold for the account of Shane Paladin during the past three months
Aggregate price of past three months’ sales
$206,189.52
Total consideration for 203 Equinix shares sold on September 2, 2026
Date of restricted stock vesting
September 2, 2026
Date tied to restricted stock vesting under a registered plan for the shares in the notice
Form 144 signature date
September 4, 2026
Date Michael Shane Paladin signed the Form 144 notice
Key Terms
Rule 144, Restricted Stock, Registered Plan, Executive Financial Services
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Restricted Stock Vesting Under a Registered Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Registered Plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
What does the Form 144 filing by Equinix (EQIX) officer Shane Paladin disclose?
It discloses that Michael Shane Paladin, an officer of Equinix, filed a Rule 144 notice for the potential sale of 307 shares of Equinix common stock related to restricted stock vesting under a registered plan, using Morgan Stanley Smith Barney LLC Executive Financial Services.
What Equinix (EQIX) stock sales has Shane Paladin made in the past three months?
Over the past three months, 203 shares of Equinix common stock were sold for an aggregate amount of $206,189.52, with the sale date listed as September 2, 2026.
On which market is the Equinix (EQIX) stock involved in Shane Paladin’s Form 144 listed?
The common stock referenced in the filing is listed on NASDAQ, as indicated in the securities information section of the Form 144 notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.