STOCK TITAN

Equinix (EQIX) Executive Chairman corrects Form 4 after RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Equinix Inc. insider filing shows an amended Form 4 for the company’s Executive Chairman and director. On January 15, 2025, 1,075 shares of common stock were acquired at $0 upon the vesting and settlement of restricted stock units (transaction code M), bringing directly held common stock to 21,021 shares.

The related restricted stock unit award vests in three equal installments of 33.33% each on January 15, 2025, January 15, 2026, and January 15, 2027, subject to continued service, and expires upon termination of service. Following this vesting, 2,150 restricted stock units remain beneficially owned. The amendment states it is filed solely to correct an inadvertent administrative error in the previously reported number of derivative securities beneficially owned.

Positive

  • None.

Negative

  • None.
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*
Meyers Charles J

(Last) (First) (Middle)
ONE LAGOON DRIVE
4TH FLOOR

(Street)
REDWOOD CITY CA 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)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/17/2025
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)
Code V Amount (A) or (D) Price
Common Stock 01/15/2025 M 1,075 A $0 21,021 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0 01/15/2025 M 1,075 (1) (2) Common Stock 1,075 $0 2,150(3) D
Explanation of Responses:
1. Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2025 and an additional 33.33% of the RSUs will each vest on January 15, 2026 and January 15, 2027.
2. Restricted stock unit award expires upon reporting person's termination of service.
3. This amount was previously reported incorrectly due to an administrative error.
Remarks:
This amendment is being filed solely to correct an inadvertent error in Column 9, line 5 of Table II of the original filing regarding the number of shares beneficially owned by the reporting person following vesting of the reported transaction.
/s/ Samantha Lagocki, POA 01/20/2026
** 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.

FAQ

What insider transaction did Equinix (EQIX) report in this amended Form 4?

The filing reports that on January 15, 2025, the Executive Chairman acquired 1,075 shares of Equinix common stock at $0 per share through the vesting and settlement of restricted stock units (transaction code M).

Why was this Equinix (EQIX) Form 4/A filed as an amendment?

The document states it is being filed solely to correct an inadvertent error in Column 9, line 5 of Table II of the original filing concerning the number of derivative securities beneficially owned after the reported vesting transaction.

How many Equinix (EQIX) common shares does the reporting person hold after the transaction?

After the January 15, 2025 transaction, the reporting person beneficially owns 21,021 shares of Equinix common stock in direct ownership, as shown in Table I.

What is the vesting schedule for the Equinix (EQIX) restricted stock units in this filing?

The restricted stock units vest based on continued service, with 33.33% vesting on January 15, 2025, and an additional 33.33% vesting on each of January 15, 2026 and January 15, 2027.

How many Equinix (EQIX) restricted stock units remain after the reported vesting?

Following the January 15, 2025 vesting transaction, the filing shows 2,150 restricted stock units beneficially owned by the reporting person in Table II.

What happens to the Equinix (EQIX) restricted stock unit award if service ends?

The footnotes explain that the restricted stock unit award expires upon the reporting person's termination of service with Equinix or its subsidiaries.

What is the reporting person’s role at Equinix (EQIX) in this Form 4/A?

The reporting person is identified as a Director and Executive Chairman of Equinix Inc., and the form is filed for one reporting person.

Equinix Inc

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