[Form 4] EQUINIX INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix Inc. director Gary Hromadko exercised 302 restricted stock units into 302 shares of common stock. These units vested based on his board service and converted at no cash exercise price. Following this equity award conversion, he directly holds a total of 142,687 shares of Equinix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
302 shares exercised/converted
Mixed
2 txns
Insider
HROMADKO GARY
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 — 142,687 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
RSUs exercised: 302 units
Common shares received: 302 shares
Post-transaction holdings: 142,687 shares
+2 more
5 metrics
RSUs exercised
302 units
Restricted Stock Units converted to common stock on May 21, 2026
Common shares received
302 shares
Shares of Equinix common stock issued from RSU conversion
Post-transaction holdings
142,687 shares
Direct Equinix common stock owned after the RSU exercise
Exercise price
$0.00 per unit
RSUs converted to common stock at zero exercise price
Transaction code
M
Exercise or conversion of derivative security reported on Form 4
Key Terms
Restricted Stock Units, derivative security, continuous Service
3 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"