Equinix (EQIX) chair sells stock to cover RSU tax withholding
Rhea-AI Filing Summary
Equinix, Inc. executive chairman and director Charles J. Meyers reported multiple equity award and share transactions. On January 15, 2026, several restricted stock unit (RSU) awards were converted into common stock at an exercise price of $0, covering 3,725, 1,075 and 121 underlying shares, with vesting tied to continued service through dates extending to January 15, 2028.
On January 16, 2026, Meyers executed a series of open-market sales of Equinix common stock under a Rule 10b5-1 trading plan to raise funds for RSU-related tax withholding, selling blocks ranging from 40 to 633 shares at weighted-average prices between about $797.65 and $806.47 per share. Following these transactions, he directly owned 13,253.046 shares of Equinix common stock.
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FAQ
Who is the insider in the Equinix (EQIX) Form 4 filing?
The Form 4 reports transactions by Charles J. Meyers, who is listed as a director and Executive Chairman of Equinix, Inc.
What equity awards vested or were converted for Charles J. Meyers at Equinix (EQIX)?
On January 15, 2026, restricted stock unit awards covering 3,725, 1,075 and 121 shares of Equinix common stock were converted at an exercise price of $0, with vesting schedules tied to continued service through dates up to January 15, 2028.
What stock sales did Charles J. Meyers report for Equinix (EQIX)?
On January 16, 2026, Meyers reported several open-market sales of Equinix common stock, with trade sizes between 40 and 633 shares and weighted-average prices such as $797.65, $800.16, and up to about $806.47 per share.
Were the Equinix (EQIX) insider stock sales part of a Rule 10b5-1 plan?
Yes. A footnote states that the shares were sold pursuant to a Rule 10b5-1 trading plan to raise funds to pay required withholding taxes arising from the vesting of RSUs.
How many Equinix (EQIX) shares did Charles J. Meyers own after the reported transactions?
After the transactions reported in this Form 4, Charles J. Meyers is shown as directly owning 13,253.046 shares of Equinix common stock.
What are the key vesting terms for the Equinix (EQIX) RSUs in this Form 4?
Footnotes explain that each RSU grant vests in 33.33% installments on annual dates including January 15, 2024, 2025, 2026, 2027 and 2028, and that awards generally require continuous service; the RSU award expires upon the reporting person’s termination of service.