[Form 4] Equinix, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kurt Pletcher, Chief Legal Officer of Equinix, Inc. (EQIX), reported acquiring 142 restricted stock units on 09/02/2025 with a reported price of $0, which resulted in 142 common shares recorded as beneficially owned. On 09/03/2025 the reporting person sold a series of common shares totaling 58.5 shares across multiple transactions at weighted-average prices reported in a set of price ranges from about $751.29 up to $770. Following these transactions, the beneficially owned common shares reported decreased from 2,086.213 to 2,027.713 shares. Footnotes disclose that 0.213 shares were acquired under the Employee Stock Purchase Plan and that the Form 4 filer can provide detailed per-trade pricing on request.

Positive

• 142 restricted stock units were reported acquired at $0, reflecting compensation vesting
• Comprehensive footnotes provide weighted-average price ranges and offer to supply per-trade details on request
• Form 4 filed and signed, showing compliance with Section 16 reporting requirements

Negative

• Immediate disposition of 58.5 shares the day after RSU conversion reduced beneficial ownership
• Sales executed across many price ranges, which may complicate precise per-share pricing without further detail

Insights

Securities Analyst

TL;DR: Insider received RSUs and executed modest, staged share sales the next day, reducing reported holdings by 58.5 shares.

The filing shows a routine compensation-related issuance (142 RSUs converted to common stock at $0) and a sequence of small-market sales totaling 58.5 shares at high execution prices reflecting the market level. The disclosure includes weighted-average price ranges and an offer to provide per-trade detail, which supports transparency. For investors this is a straightforward Form 4 reporting of compensation vesting and subsequent disposals rather than an operational or financial development for the company.

Corporate Governance Expert

TL;DR: Filing is a standard Section 16 disclosure showing compensation vesting and immediate partial disposition of shares.

The report identifies the reporting person as an officer (Chief Legal Officer) and documents the conversion of 142 RSUs and multiple sales on the following day. The form includes appropriate explanatory footnotes, a statement offering detailed trade breakdowns, and a power-of-attorney signature. From a governance perspective, the filing demonstrates compliance with insider reporting rules and provides required transparency on timing and pricing ranges of the disposition.

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

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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^*

Pletcher Kurt

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		M		142	A	$0	2,086.213(1)	D
Common Stock	09/03/2025		S		1	D	$751.6412(2)	2,085.213	D
Common Stock	09/03/2025		S		1	D	$752.8136(3)	2,084.213	D
Common Stock	09/03/2025		S		1	D	$753.8695(4)	2,083.213	D
Common Stock	09/03/2025		S		1	D	$755.321(5)	2,082.213	D
Common Stock	09/03/2025		S		2	D	$756.4755(6)	2,080.213	D
Common Stock	09/03/2025		S		1	D	$757.3008(7)	2,079.213	D
Common Stock	09/03/2025		S		6	D	$758.5456(8)	2,073.213	D
Common Stock	09/03/2025		S		2	D	$759.5269(9)	2,071.213	D
Common Stock	09/03/2025		S		4	D	$760.6134(10)	2,067.213	D
Common Stock	09/03/2025		S		10	D	$761.5782(11)	2,057.213	D
Common Stock	09/03/2025		S		8.5	D	$762.5093(12)	2,048.713	D
Common Stock	09/03/2025		S		3.5	D	$763.4901(13)	2,045.213	D
Common Stock	09/03/2025		S		6	D	$764.6378(14)	2,039.213	D
Common Stock	09/03/2025		S		4.5	D	$765.4738(15)	2,034.713	D
Common Stock	09/03/2025		S		2	D	$766.5519(16)	2,032.713	D
Common Stock	09/03/2025		S		1	D	$767.2998(17)	2,031.713	D
Common Stock	09/03/2025		S		4	D	$770	2,027.713	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	09/02/2025		M			142	(18)	(19)	Common Stock	142	$0	142	D

Explanation of Responses:

1. 0.213 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $751.29 to $752.23, 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 17 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 $752.375 to $753.35 inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $753.565 to $754.075 inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $754.92 to $755.90 inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $755.97 to $756.92 inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $756.98 to $757.905 inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $757.985 to $758.985 inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $759.02 to $760.02 inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $760.04 to $761.035 inclusive.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $761.045 to $762.04 inclusive.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $762.05 to $763.05 inclusive.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $763.055 to $764.04 inclusive.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $764.07 to $765.07 inclusive.

15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $765.10 to $766.06 inclusive.

16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $766.13 to $767.12 inclusive.

17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.26 to $767.49 inclusive.

18. 143 shares (12.5% of the total shares awarded) scheduled to vest on March 1, 2025 and an additional 12.5% each 6 months thereafter until fully vested, subject solely to continued service

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

	/s/ Samantha Lagocki, POA	09/04/2025
	** 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 EQIX insider Kurt Pletcher acquire on 09/02/2025?

The filing reports acquisition of 142 restricted stock units on 09/02/2025 recorded at a price of $0, resulting in 142 common shares.

How many shares did Kurt Pletcher sell and when?

He sold a total of 58.5 common shares on 09/03/2025 in multiple transactions, reducing reported holdings from 2,086.213 to 2,027.713 shares.

What prices were the sold shares executed at?

The Form reports weighted-average sale prices and footnotes listing transaction price ranges from approximately $751.29 up to $770; the filer offers to provide per-trade breakdowns upon request.

Is the reporting person an officer of EQIX?

Yes. The Form lists the reporting person as an officer with the title Chief Legal Officer.

Does the filing disclose Employee Stock Purchase Plan activity?

Yes. Footnote 1 discloses that 0.213 shares were acquired under the Equinix Employee Stock Purchase Plan on 08/14/2025.

Who signed the Form 4?

The form is signed by /s/ Samantha Lagocki, POA on 09/04/2025, indicating a power-of-attorney filed on behalf of the reporting person.