Equinix CBO sells 150 shares after RSU vesting
Equinix Inc chief business officer Jonathan Lin reported RSU vesting and related share sales.
Rhea-AI Filing Summary
Equinix Inc chief business officer Jonathan Lin reported RSU vesting and related share sales. On June 1, 2026, he exercised 273 Restricted Stock Units, receiving the same number of common shares at a conversion price of $0.00 per share.
On June 2, 2026, he sold a total of 150.25 shares of Equinix common stock in multiple open-market transactions, including sales at $1,070.47 per share, under a pre-arranged Rule 10b5-1 Trading Plan to raise funds to pay required withholding taxes tied to the RSU vesting. Following these transactions, he directly holds 10,910.597 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
17 txns
Insider
Lin Jonathan
Role
Chief Business Officer
Sold
150.25 shs ($159K)
Approx. gross sale proceeds
$159K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 0.5 | $1,049.285 | $524.64 |
| Sale | Common Stock | 8 | $1,052.4582 | $8K |
| Sale | Common Stock | 11 | $1,053.6426 | $12K |
| Sale | Common Stock | 5 | $1,054.6921 | $5K |
| Sale | Common Stock | 14.25 | $1,056.0056 | $15K |
| Sale | Common Stock | 18.25 | $1,056.9625 | $19K |
| Sale | Common Stock | 8 | $1,058.0457 | $8K |
| Sale | Common Stock | 13 | $1,058.9619 | $14K |
| Sale | Common Stock | 14.5 | $1,060.0029 | $15K |
| Sale | Common Stock | 11 | $1,062.1582 | $12K |
| Sale | Common Stock | 12.25 | $1,063.2345 | $13K |
| Sale | Common Stock | 2 | $1,064.9006 | $2K |
| Sale | Common Stock | 3 | $1,066.5465 | $3K |
| Sale | Common Stock | 29 | $1,069.199 | $31K |
| Sale | Common Stock | 0.5 | $1,070.47 | $535.24 |
| Exercise | Restricted Stock Unit | 273 | $0.00 | $0.00 |
| Exercise | Common Stock | 273 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 819 contracts (Direct);
Common Stock — 10,910.597 shares (Direct)
Footnotes (16)
- F1. Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,052.095 to $1053.095, 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 14 to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,053.14 to $1,054.10 inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,054.33 to $1,055.315 inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,055.36 to $1,056.32 inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,056.3675 to $1,057.20 inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,057.73 to $1,058.16 inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,058.79 to $1,059.04 inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,060.00 to $1,060.58 inclusive.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,061.37 to $1,062.35 inclusive.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,062.49 to $1,063.255 inclusive.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,064.39 to $1,065.205 inclusive.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,066.195 to $1,067.15 inclusive.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,069.16 to $1,069.44 inclusive.
- F15. Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on June 1, 2025 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested.
- F16. Restricted stock unit award expires upon reporting person's termination of service.
Key Figures
Shares sold: 150.25 shares
Example sale price: $1,070.47/share
RSUs exercised: 273 units
+3 more
6 metrics
Shares sold
150.25 shares
Total common shares sold in open-market trades on June 2, 2026
Example sale price
$1,070.47/share
Price for one reported open-market sale of Equinix common stock
RSUs exercised
273 units
Restricted Stock Units converted into common stock on June 1, 2026
RSU conversion price
$0.00/share
Conversion price for RSUs into Equinix common stock
Post-transaction holdings
10,910.597 shares
Direct Equinix common stock held after June 2, 2026 sales
Net share change
-150.25 shares
Net sell shares from buy/sell activity in this Form 4
Key Terms
Rule 10b5-1 Trading Plan, Restricted Stock Unit, weighted average price, withholding tax, +1 more
5 terms
Rule 10b5-1 Trading Plan regulatory
"Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Unit financial
"The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on June 1, 2025"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
withholding tax financial
"in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
vesting period financial
"Vesting is dependent upon continuous active service as an employee or director of the Company throughout the vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Equinix (EQIX) executive Jonathan Lin report in this Form 4?
Jonathan Lin reported vesting of 273 Restricted Stock Units and related sales of 150.25 Equinix common shares. The sales were open-market transactions executed under a Rule 10b5-1 Trading Plan to fund required tax withholding from the RSU vesting.
What is the vesting schedule for Jonathan Lin’s Equinix (EQIX) RSUs?
The Restricted Stock Units vest if service continues, with 16.67% vesting on June 1, 2025 and an additional 16.67% vesting every six months thereafter until fully vested. The RSU award expires upon termination of the reporting person’s service.
How many Equinix (EQIX) RSUs did Jonathan Lin convert to common stock?
Jonathan Lin converted 273 Restricted Stock Units into 273 shares of Equinix common stock. The RSUs had a conversion price of $0.00 per share, reflecting their nature as equity-based compensation rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
