Equinix (EQIX) director gains 302 shares as restricted stock units vest

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Equinix director Fidelma Russo exercised restricted stock units to acquire 302 shares of common stock. The units converted at a price of $0.00 per share, reflecting a compensation-related equity award rather than an open-market purchase or sale.

After this derivative exercise, Russo directly holds 640 shares of Equinix common stock. The related restricted stock unit award vests on the earlier of May 21, 2026 or the regular stockholder meeting in the following calendar year, provided she remains in continuous service, and expires upon termination of service.

Insider Trade Summary

302 shares exercised/converted

Mixed 2 txns

Insider RUSSO FIDELMA

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	302	$0.00	--
Exercise	Common Stock	302	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 640 shares (Direct, null)

Footnotes (1)

The Restricted Stock Units shall vest on the earlier of (i) May 21, 2026 or (ii) if the reporting person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the reporting person remains in continuous Service through such vesting date. Restricted stock unit award expires upon reporting person's termination of service.

Key Figures

Shares acquired via RSU exercise: 302 shares Exercise price per share: $0.00 per share Shares held after transaction: 640 shares

3 metrics

Shares acquired via RSU exercise 302 shares Restricted stock units converted to common stock on May 21, 2026

Exercise price per share $0.00 per share Conversion of restricted stock units into common stock

Shares held after transaction 640 shares Total Equinix common stock directly owned by Fidelma Russo post-transaction

Key Terms

Restricted Stock Units, derivative security, continuous Service, termination of service

4 terms

Restricted Stock Units financial

"The Restricted Stock Units shall vest on the earlier of (i) May 21, 2026..."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

continuous Service financial

"provided that, in either case, the reporting person remains in continuous Service through such vesting date."

termination of service financial

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

Form 4 Insider Transactions: What Each Field Means →

05/21/2026 - 06:59 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^*

RUSSO FIDELMA

(Last)

(First)

(Middle)

C/O EQUINIX, INC

ONE LAGOON DRIVE

(Street)

REDWOOD CITY

CALIFORNIA

94065

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		M		302	A	$0	640	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 Units	$0	05/21/2026		M			302	⁽¹⁾	⁽²⁾	Common Stock	302	$0	0	D

Explanation of Responses:

1. The Restricted Stock Units shall vest on the earlier of (i) May 21, 2026 or (ii) if the reporting person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the reporting person remains in continuous Service through such vesting date.

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

	/s/ Samantha Lagocki, POA	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Equinix (EQIX) director Fidelma Russo report?

Director Fidelma Russo reported exercising restricted stock units that converted into 302 shares of Equinix common stock. This was a derivative exercise at $0.00 per share, reflecting equity compensation rather than an open-market stock purchase or sale.

How many Equinix (EQIX) shares does Fidelma Russo hold after this Form 4?

Following the reported derivative exercise, Fidelma Russo directly holds 640 shares of Equinix common stock. The increase reflects 302 shares received upon conversion of restricted stock units, as disclosed in the Form 4 insider transaction details.

What type of security did Fidelma Russo exercise in the Equinix (EQIX) filing?

She exercised restricted stock units, a type of derivative security that settles in common stock. In this case, 302 restricted stock units converted into 302 shares of Equinix common stock at an exercise price of $0.00 per share, indicating equity compensation.

What are the vesting terms of Fidelma Russo’s restricted stock units at Equinix (EQIX)?

The restricted stock units vest on the earlier of May 21, 2026 or the date of the regular stockholder meeting in the calendar year after the grant, provided Russo remains in continuous service. The award expires upon her termination of service with the company.

Does the Equinix (EQIX) Form 4 show any stock sales by Fidelma Russo?

The Form 4 does not report any open-market stock sales by Fidelma Russo. It shows a derivative exercise of 302 restricted stock units into common shares at $0.00 per share, with no indicated sales or tax-withholding dispositions in this particular filing.