EQIX insider vests 824 RSUs; 322 shares used for taxes

Rhea-AI Filing Summary

Michael Shane Paladin, Chief Customer & Revenue Officer at Equinix, Inc. (EQIX), reported vesting and tax-withholding activity on 10/07/2025. A grant of 824 restricted stock units converted to 824 shares at no cash price when they vested, and the company withheld 322 shares to satisfy tax withholding at an indicated price of $787.08 per share. After these transactions, the reporting person beneficially owned 1,530 shares. The RSU award vests 35% on 10/07/2025 with additional tranches of 21.67% vesting each March 1 and September 1 until fully vested, and the award lapses on termination of service.

Positive

• 824 RSUs vested and converted to shares, reinforcing executive alignment with shareholders
• Disclosure shows scheduled vesting cadence (35% then 21.67% tranches), providing transparency on future dilution timing

Negative

• 322 shares were withheld for taxes at $787.08, reducing net share accumulation
• RSU award expires upon termination, which limits long-term retention if service ends

Insights

Equity Compensation Analyst

Executive received 824 RSUs; 322 shares withheld for taxes.

The reporting officer had 824 restricted stock units vest on 10/07/2025, which converted into 824 common shares at no purchase price, a standard outcome of RSU vesting. The company withheld 322 shares to cover tax obligations at the indicated price of $787.08 per share.

This transaction increases the officer's held common shares to 1,530 and preserves typical tax compliance. Watch subsequent scheduled vesting tranches on March 1 and September 1 for future share increases if service continues.

Corporate Governance Specialist

Vesting schedule and withholding terms are disclosed; no unusual transfer codes.

The disclosure shows service-based vesting with a defined timetable (35% on 10/07/2025, then 21.67% each March and September). Shares withheld to satisfy taxes are reported under a withholding code, consistent with standard equity-plan administration.

Investors can note that the award expires on termination of service; the reported activity does not indicate sale of additional shares beyond withholding and therefore does not represent liquidity-taking by the officer at this time.

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
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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^*

Paladin Michael Shane

(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 Customer & Rev Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

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	10/07/2025		M		824	A	$0	824	D
Common Stock	10/07/2025		F		322(1)	D	$787.08	502	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	10/07/2025		M			824	(2)	(3)	Common Stock	824	$0	1,530	D

Explanation of Responses:

1. Shares withheld by Equinix to satisfy tax withholding requirements on vesting of restricted stock units

2. Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 35% of the RSUs vesting on October 7, 2025 and an additional 21.67% of the RSUs vesting every March 1st and September 1st until fully vested.

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

	/s/ Samantha Lagocki, POA	10/08/2025
	** 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 did Equinix (EQIX) insider Michael Shane Paladin report on 10/07/2025?

He reported 824 restricted stock units vesting into 824 shares and 322 shares withheld for taxes at $787.08, resulting in 1,530 shares beneficially owned.

Why were 322 shares disposed according to the Form 4?

The 322 shares were withheld by Equinix to satisfy tax withholding requirements on RSU vesting.

What is the vesting schedule for the RSUs reported by the executive?

The RSUs vest 35% on 10/07/2025 and an additional 21.67% every March 1 and September 1 until fully vested.

Did the reporting person sell shares in this filing?

No sale was reported; shares were acquired via RSU vesting and a portion were withheld for taxes rather than sold on the open market.

How many shares does the reporting person beneficially own after the transaction?

The reporting person beneficially owns 1,530 shares following the reported transactions.