Equinix (EQIX) CFO reports RSU vesting and tax-driven stock sales
Rhea-AI Filing Summary
Equinix Inc. Chief Financial Officer Keith D. Taylor reported RSU vesting and related share sales. On January 15, 2026, restricted stock units covering 1,782, 1,095, and 1,145 shares of common stock were converted at an exercise price of $0 per share, increasing his directly held common stock up to 28,424.057 shares.
On January 16, 2026, he sold multiple small blocks of Equinix common stock pursuant to a Rule 10b5-1 trading plan to raise funds to pay required withholding taxes tied to RSU vesting. The reported weighted average sale prices ranged from $797.63 to $806.78 per share. After these sales, he directly owned 26,373.057 shares of Equinix common stock.
The filing also notes ongoing vesting schedules for several RSU awards, with portions scheduled to vest annually on January 15 of 2026, 2027, and 2028, conditioned on continued service, and that the RSU awards expire upon termination of service.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did Equinix (EQIX) report for its CFO?
The Equinix (EQIX) Chief Financial Officer Keith D. Taylor reported the conversion of several restricted stock unit (RSU) awards into common stock on January 15, 2026 and subsequent sales of common shares on January 16, 2026. These transactions involved both the receipt of shares at an exercise price of $0 and open-market sales at weighted average prices between $797.63 and $806.78 per share.
How many Equinix (EQIX) shares does the CFO hold after these transactions?
After the reported RSU conversions and stock sales, Chief Financial Officer Keith D. Taylor directly owns 26,373.057 shares of Equinix Inc. common stock. This figure reflects his holdings following the last reported sale on January 16, 2026.
At what prices did the Equinix (EQIX) CFO sell common stock?
On January 16, 2026, the Equinix CFO sold multiple blocks of common stock at weighted average prices of approximately $797.63, $799.8375, $802.3213, $803.6575, $805.2462, $806.3605, and $806.78 per share. Footnotes state that each reported price represents a weighted average for multiple trades within narrow price ranges.
Why were Equinix (EQIX) shares sold by the CFO on January 16, 2026?
According to the footnotes, 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 (RSUs). This indicates the sales were linked to tax obligations arising from equity compensation vesting.
What RSU awards vested for the Equinix (EQIX) CFO in January 2026?
On January 15, 2026, restricted stock units covering 1,782, 1,095, and 1,145 shares of Equinix common stock became deliverable at an exercise price of $0 per share. Footnotes describe these RSUs as vesting in three annual tranches of approximately 33.33% each, conditioned on continuous service.
What are the future vesting terms of the Equinix (EQIX) CFO’s RSU awards?
The RSU footnotes state that for three separate awards, 33.33% vested on January 15 of 2024, 2025, or 2026, with the remaining 33.33% portions scheduled to vest on January 15 of the following one or two years (2025–2028), subject to the CFO’s continued service. Each RSU award expires upon the reporting person’s termination of service.