[Form 4] EQUINIX INC Insider Trading Activity

Rhea-AI Filing Summary

Equinix EVP of Global Operations Abdel Raouf reported multiple equity transactions in company stock. On February 18, 2026, he completed open-market sales of 1,169 shares of common stock at weighted average prices ranging from about $932 to $948 per share under a Rule 10b5-1 trading plan to raise funds for required withholding taxes tied to restricted stock unit (RSU) vesting. After these sales, he directly owned 8,871.409 common shares.

On February 17, 2026, Raouf also reported RSU-related activity. He acquired common shares through the exercise or conversion of RSUs in several transactions totaling 2,673 common shares, and received a new grant of 3,279 performance-based RSUs. Footnotes explain that these performance RSUs vest in tranches through February 2028, subject to continued service and previously certified AFFO, revenue, and EBITDA performance targets.

Insider Trade Summary

Net Seller: 1,169 shares ($1,099,479)

Net Sell 18 txns

Insider Abdel Raouf

Role EVP, Global Operations

Sold 1,169 shs ($1.10M)

Type	Security	Shares	Price	Value
Sale	Common Stock	43	$932.944	$40K
Sale	Common Stock	85	$934.4514	$79K
Sale	Common Stock	8	$935.395	$7K
Sale	Common Stock	144	$937.7856	$135K
Sale	Common Stock	115	$938.8585	$108K
Sale	Common Stock	175	$940.1241	$165K
Sale	Common Stock	231	$941.0378	$217K
Sale	Common Stock	155	$942.0449	$146K
Sale	Common Stock	43	$943.465	$41K
Sale	Common Stock	77	$944.963	$73K
Sale	Common Stock	93	$948.30	$88K
Exercise	Restricted Stock Units	515	$0.00	--
Exercise	Restricted Stock Units	518	$0.00	--
Grant/Award	Restricted Stock Unit	3,279	$0.00	--
Exercise	Restricted Stock Unit	1,640	$0.00	--
Exercise	Common Stock	515	$0.00	--
Exercise	Common Stock	518	$0.00	--
Exercise	Common Stock	1,640	$0.00	--

Holdings After Transaction: Common Stock — 9,997.409 shares (Direct); Restricted Stock Units — 0 shares (Direct); Restricted Stock Unit — 3,279 shares (Direct)

Footnotes (1)

1. 30.7510 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 $932.32 to $933.10, inclusive. The reporting person undertakes to provide to 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 11 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 $934.205 to $934.66 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $937.12 to $938.06 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.36 to $939.25 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $939.49 to $940.485 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $940.535 to $941.43 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.73 to $942.6825 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.895 to $943.81 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $944.69 to $945.29 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^*

Abdel Raouf

(Last) (First) (Middle)

C/O EQUINIX. INCE.

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)
	EVP, Global Operations

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		515	A	$0	7,882.409(1)	D
Common Stock	02/17/2026		M		518	A	$0	8,400.409	D
Common Stock	02/17/2026		M		1,640	A	$0	10,040.409	D
Common Stock	02/18/2026		S(2)		43	D	$932.944(3)	9,997.409	D
Common Stock	02/18/2026		S(2)		85	D	$934.4514(4)	9,912.409	D
Common Stock	02/18/2026		S(2)		8	D	$935.395	9,904.409	D
Common Stock	02/18/2026		S(2)		144	D	$937.7856(5)	9,760.409	D
Common Stock	02/18/2026		S(2)		115	D	$938.8585(6)	9,645.409	D
Common Stock	02/18/2026		S(2)		175	D	$940.1241(7)	9,470.409	D
Common Stock	02/18/2026		S(2)		231	D	$941.0378(8)	9,239.409	D
Common Stock	02/18/2026		S(2)		155	D	$942.0449(9)	9,084.409	D
Common Stock	02/18/2026		S(2)		43	D	$943.465(10)	9,041.409	D
Common Stock	02/18/2026		S(2)		77	D	$944.963(11)	8,964.409	D
Common Stock	02/18/2026		S(2)		93	D	$948.3	8,871.409	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 Units	$0	02/17/2026		M			515	(12)	(13)	Common Stock	515	$0	0	D
Restricted Stock Units	$0	02/17/2026		M			518	(14)	(13)	Common Stock	518	$0	518	D
Restricted Stock Unit	$0	02/17/2026		A		3,279		(15)	(13)	Common Stock	3,279	$0	3,279	D
Restricted Stock Unit	$0	02/17/2026		M			1,640	(15)	(13)	Common Stock	1,640	$0	1,639	D

Explanation of Responses:

1. 30.7510 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 $932.32 to $933.10, inclusive. The reporting person undertakes to provide to 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 11 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 $934.205 to $934.66 inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $937.12 to $938.06 inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.36 to $939.25 inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $939.49 to $940.485 inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $940.535 to $941.43 inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.73 to $942.6825 inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.895 to $943.81 inclusive.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $944.69 to $945.29 inclusive.

12. 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.

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

14. 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.

15. 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
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