Equinix (EQIX) director Rebecca Kujawa converts 170 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix Inc. director Rebecca J. Kujawa reported a compensation-related equity event rather than an open-market trade. She exercised 170 Restricted Stock Units into 170 shares of Common Stock, and her direct holdings after the transaction are 170 Common shares.
The filing describes this as an exercise or conversion of a derivative security, with no reported sales or tax-withholding dispositions. Footnotes explain that the RSUs vest based on continued service as a director, and the award expires if her service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
170 shares exercised/converted
Mixed
2 txns
Insider
Kujawa Rebecca J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 170 | $0.00 | -- |
| Exercise | Common Stock | 170 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 170 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: 170 units
Common shares acquired: 170 shares
Shares held after transaction: 170 shares
+1 more
4 metrics
RSUs exercised
170 units
Restricted Stock Units converted to Common Stock
Common shares acquired
170 shares
Shares received from RSU exercise
Shares held after transaction
170 shares
Direct Common Stock ownership post-transaction
Transaction date
May 21, 2026
Date of RSU conversion
Key Terms
Restricted Stock Unit, derivative security, vest, continuous Service
4 terms
Restricted Stock Unit financial
"The Restricted Stock Units shall vest on the earlier of (i) May 21, 2026..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
vest financial
"The Restricted Stock Units shall vest on the earlier of (i) May 21, 2026..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous Service financial
"provided that, in either case, the reporting person remains in continuous Service through such vesting date."
FAQ
What insider transaction did Equinix (EQIX) director Rebecca J. Kujawa report?
Rebecca J. Kujawa reported exercising 170 Restricted Stock Units into 170 shares of Equinix Common Stock. This was recorded as an exercise or conversion of a derivative security, not an open‑market purchase or sale.
What are the vesting terms of Rebecca J. Kujawa’s Restricted Stock Units at Equinix (EQIX)?
The RSUs vest on the earlier of May 21, 2026 or the date of the regular stockholder meeting in the following calendar year, provided she remains in continuous service as a director through the applicable vesting date.
What happens to Equinix (EQIX) Restricted Stock Units if Rebecca J. Kujawa’s service ends?
According to the footnote, the Restricted Stock Unit award expires upon termination of Rebecca J. Kujawa’s service. If she ceases to serve, unvested RSUs from this award would terminate rather than convert into Common Stock.