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Equinix (EQIX) CEO Fox-Martin sells stock to pay RSU tax

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Equinix, Inc. CEO and President Adaire Fox-Martin reported equity compensation activity and related share sales. On January 15, 2026, 2,630 and 2,531 restricted stock units vested and were converted into the same number of shares of Equinix common stock at an exercise price of $0, increasing her direct holdings. On January 16, 2026, she sold an aggregate of 2,670 shares of common stock in multiple market transactions at weighted average prices ranging from about $796.29 to $806.591 per share, leaving 14,857.418 shares of common stock owned directly after the reported transactions. According to the footnotes, these sales were made under a Rule 10b5-1 trading plan to raise funds to pay required withholding taxes arising from the RSU vesting.

Positive

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Insider Fox-Martin Adaire
Role CEO and President
Sold 2,670 shs ($2.15M)
Type Security Shares Price Value
Sale Common Stock 40 $796.29 $32K
Sale Common Stock 80 $797.54 $64K
Sale Common Stock 160 $799.8975 $128K
Sale Common Stock 600 $802.3076 $481K
Sale Common Stock 247 $803.5557 $198K
Sale Common Stock 273 $804.5778 $220K
Sale Common Stock 651 $805.6325 $524K
Sale Common Stock 619 $806.591 $499K
Exercise Restricted Stock Units 2,630 $0.00 --
Exercise Restricted Stock Units 2,531 $0.00 --
Exercise Common Stock 2,630 $0.00 --
Exercise Common Stock 2,531 $0.00 --
Holdings After Transaction: Common Stock — 17,487.418 shares (Direct); Restricted Stock Units — 2,630 shares (Direct)
Footnotes (1)
  1. 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 $797.43 to $797.65, 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 3 through 8 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 $799.68 to $800.22 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $802.02 to $802.74 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.10 to $804.10 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.11 to $805.02 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $805.15 to $806.15 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $806.35 to $807.24 inclusive. 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. Restricted stock unit award expires upon reporting person's termination of service. 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, 2026 and an additional 33.33% of the RSUs will each vest on January 15, 2027 and January 15, 2028.
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*
Fox-Martin Adaire
(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
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 01/15/2026 M 2,630 A $0 14,996.418 D
Common Stock 01/15/2026 M 2,531 A $0 17,527.418 D
Common Stock 01/16/2026 S(1) 40 D $796.29 17,487.418 D
Common Stock 01/16/2026 S(1) 80 D $797.54(2) 17,407.418 D
Common Stock 01/16/2026 S(1) 160 D $799.8975(3) 17,247.418 D
Common Stock 01/16/2026 S(1) 600 D $802.3076(4) 16,647.418 D
Common Stock 01/16/2026 S(1) 247 D $803.5557(5) 16,400.418 D
Common Stock 01/16/2026 S(1) 273 D $804.5778(6) 16,127.418 D
Common Stock 01/16/2026 S(1) 651 D $805.6325(7) 15,476.418 D
Common Stock 01/16/2026 S(1) 619 D $806.591(8) 14,857.418 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 01/15/2026 M 2,630 (9) (10) Common Stock 2,630 $0 2,630 D
Restricted Stock Units $0 01/15/2026 M 2,531 (11) (10) Common Stock 2,531 $0 5,060 D
Explanation of Responses:
1. 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.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $797.43 to $797.65, 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 3 through 8 to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $799.68 to $800.22 inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $802.02 to $802.74 inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.10 to $804.10 inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.11 to $805.02 inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $805.15 to $806.15 inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $806.35 to $807.24 inclusive.
9. 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.
10. Restricted stock unit award expires upon reporting person's termination of service.
11. 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, 2026 and an additional 33.33% of the RSUs will each vest on January 15, 2027 and January 15, 2028.
/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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Equinix (EQIX) CEO Adaire Fox-Martin report in this Form 4?

The Form 4 reports that Adaire Fox-Martin, CEO and President of Equinix, Inc., had restricted stock units vest and convert into common shares on January 15, 2026, and then sold a portion of those shares on January 16, 2026 in market transactions.

How many Equinix (EQIX) shares did the CEO acquire from RSU vesting?

On January 15, 2026, two blocks of restricted stock units vested: 2,630 RSUs and 2,531 RSUs, each converting into the same number of Equinix common shares at an exercise price of $0 per share.

How many Equinix (EQIX) shares did the CEO sell and at what prices?

On January 16, 2026, the CEO sold a total of 2,670 shares of Equinix common stock in multiple transactions, with weighted average sale prices reported at $796.29, $797.54, $799.8975, $802.3076, $803.5557, $804.5778, $805.6325, and $806.591 per share.

Why were the Equinix (EQIX) shares sold by the CEO?

A footnote explains that the shares were sold pursuant to a Rule 10b5-1 trading plan in order to raise funds to pay the required withholding tax associated with the vesting of restricted stock units.

How many Equinix (EQIX) shares does the CEO hold after these transactions?

Following the reported transactions, the CEO directly owned 14,857.418 shares of Equinix common stock, as disclosed in the ownership column of Table I.

What are the vesting terms of the reported Equinix RSU awards?

For one RSU award, 33.33% vested on January 15, 2025 and an additional 33.33% will vest on January 15, 2026 and January 15, 2027. For the other award, 33.33% vested on January 15, 2026, with additional 33.33% tranches scheduled to vest on January 15, 2027 and January 15, 2028, subject to continued service.

How is the Equinix CEO s ownership categorized in this Form 4 filing?

The Form 4 identifies Adaire Fox-Martin as a Director and an Officer of Equinix, Inc., with the title CEO and President, and reports all listed holdings and transactions as direct (D) ownership.