Equinix (EQIX) HR chief sells 1,568 shares, gains 3,027 performance RSUs

Rhea-AI Filing Summary

Equinix Inc.’s Chief People Officer Brandi Galvin Morandi reported mixed equity activity. On February 18, 2026, she sold 1,568 shares of common stock in multiple open-market transactions under a Rule 10b5-1 trading plan to raise funds for required withholding taxes tied to vesting RSUs.

After these sales, she directly held about 10,674.456 common shares. On February 17, 2026, she acquired common stock through the conversion of several restricted stock unit awards and received a new grant of 3,027 performance-based RSUs that vest over time through 2028, subject to continued service and previously certified performance targets.

Insider Trade Summary

Net Seller: 1,568 shares ($1,464,240)

Net Sell 19 txns

Insider MORANDI BRANDI GALVIN

Role Chief People Officer

Sold 1,568 shs ($1.46M)

Type	Security	Shares	Price	Value
Sale	Common Stock	57	$926.9463	$53K
Sale	Common Stock	404	$927.9347	$375K
Sale	Common Stock	147	$929.5957	$137K
Sale	Common Stock	120	$930.4533	$112K
Sale	Common Stock	154	$932.5533	$144K
Sale	Common Stock	86	$933.832	$80K
Sale	Common Stock	40	$936.36	$37K
Sale	Common Stock	200	$938.4847	$188K
Sale	Common Stock	80	$939.775	$75K
Sale	Common Stock	80	$941.555	$75K
Sale	Common Stock	120	$942.70	$113K
Sale	Common Stock	80	$943.86	$76K
Exercise	Restricted Stock Unit	687	$0.00	--
Exercise	Restricted Stock Unit	778	$0.00	--
Grant/Award	Restricted Stock Unit	3,027	$0.00	--
Exercise	Restricted Stock Unit	1,514	$0.00	--
Exercise	Common Stock	687	$0.00	--
Exercise	Common Stock	778	$0.00	--
Exercise	Common Stock	1,514	$0.00	--

Holdings After Transaction: Common Stock — 11,905.456 shares (Direct); Restricted Stock Unit — 0 shares (Direct)

Footnotes (1)

1. 32.243 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 13, 2026. Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $926.29 to $927.26, 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 4 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 $927.34 to $928.00 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $929.31 to $930.31 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $930.37 to $930.56 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $932.25 to $933.22 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $933.35 to $934.29 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.00 to $938.91 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $939.47 to $940.08 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.53 to $941.58 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.60 to $942.89 inclusive. On February 14, 2023, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service. Restricted stock unit award expires upon reporting person's termination of service. On March 7, 2024 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2024. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2025, 25% will vest on February 15, 2026 and the remaining 25% will vest on February 15, 2027, subject solely to continued service. On March 11, 2025 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2025. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2026, 25% will vest on February 15, 2027 and the remaining 25% will vest on February 15, 2028, subject solely to continued service.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

MORANDI BRANDI GALVIN

(Last) (First) (Middle)

C/O EQUINIX, INC.

ONE LAGOON DRIVE

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		M		687	A	$0	9,670.456(1)	D
Common Stock	02/17/2026		M		778	A	$0	10,448.456	D
Common Stock	02/17/2026		M		1,514	A	$0	11,962.456	D
Common Stock	02/18/2026		S(2)		57	D	$926.9463(3)	11,905.456	D
Common Stock	02/18/2026		S(2)		404	D	$927.9347(4)	11,501.456	D
Common Stock	02/18/2026		S(2)		147	D	$929.5957(5)	11,354.456	D
Common Stock	02/18/2026		S(2)		120	D	$930.4533(6)	11,234.456	D
Common Stock	02/18/2026		S(2)		154	D	$932.5533(7)	11,080.456	D
Common Stock	02/18/2026		S(2)		86	D	$933.832(8)	10,994.456	D
Common Stock	02/18/2026		S(2)		40	D	$936.36	10,954.456	D
Common Stock	02/18/2026		S(2)		200	D	$938.4847(9)	10,754.456	D
Common Stock	02/18/2026		S(2)		80	D	$939.775(10)	10,674.456	D
Common Stock	02/18/2026		S(2)		80	D	$941.555(11)	10,594.456	D
Common Stock	02/18/2026		S(2)		120	D	$942.7(12)	10,474.456	D
Common Stock	02/18/2026		S(2)		80	D	$943.86	10,394.456	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	02/17/2026		M			687	(13)	(14)	Common Stock	687	$0	0	D
Restricted Stock Unit	$0	02/17/2026		M			778	(15)	(14)	Common Stock	778	$0	777	D
Restricted Stock Unit	$0	02/17/2026		A		3,027		(16)	(14)	Common Stock	3,027	$0	3,027	D
Restricted Stock Unit	$0	02/17/2026		M			1,514	(16)	(14)	Common Stock	1,514	$0	1,513	D

Explanation of Responses:

1. 32.243 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 13, 2026.

2. Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $926.29 to $927.26, 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 4 through 12 to this Form 4.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $927.34 to $928.00 inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $929.31 to $930.31 inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $930.37 to $930.56 inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $932.25 to $933.22 inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $933.35 to $934.29 inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.00 to $938.91 inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $939.47 to $940.08 inclusive.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.53 to $941.58 inclusive.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.60 to $942.89 inclusive.

13. On February 14, 2023, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service.

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

15. On March 7, 2024 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2024. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2025, 25% will vest on February 15, 2026 and the remaining 25% will vest on February 15, 2027, subject solely to continued service.

16. On March 11, 2025 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2025. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2026, 25% will vest on February 15, 2027 and the remaining 25% will vest on February 15, 2028, subject solely to continued service.

	/s/ Samantha Lagocki, POA	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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