Equinix (EQIX) director granted 241 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CALDWELL NANCI reported acquisition or exercise transactions in this Form 4 filing.
Equinix director Nanci Caldwell received a grant of 241 restricted stock units (RSUs) tied to Equinix common stock. The RSUs were awarded on May 13, 2026 as compensation, with no cash paid per unit. All 241 underlying shares are reported as held directly after the grant.
The RSUs vest on the earlier of May 13, 2027 or the date of the regular stockholder meeting held in the calendar year after the grant, provided Caldwell remains in continuous service as a director through that date. The award expires if her service with the company terminates before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CALDWELL NANCI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 241 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 241 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units shall vest on the earlier of (i) May 13, 2027 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 granted: 241 units
Price per RSU: $0.00 per unit
Shares underlying RSUs: 241 shares
+2 more
5 metrics
RSUs granted
241 units
Restricted stock units awarded to director on May 13, 2026
Price per RSU
$0.00 per unit
Stated transaction price for the RSU grant
Shares underlying RSUs
241 shares
Equinix common stock underlying the RSU award
Holdings after transaction
241 shares
Total shares underlying RSUs reported following the grant
Vesting date
May 13, 2027
RSUs vest on this date or earlier stockholder meeting, if in service
Key Terms
Restricted Stock Unit, continuous Service, termination of service, grant, award, or other acquisition
4 terms
Restricted Stock Unit financial
"The Restricted Stock Units shall vest on the earlier of (i) May 13, 2027..."
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.
continuous Service financial
"...provided that, in either case, the reporting person remains in continuous Service through such vesting date."
termination of service financial
"Restricted stock unit award expires upon reporting person's termination of service."
grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Equinix (EQIX) report for Nanci Caldwell?
Equinix reported that director Nanci Caldwell received a grant of 241 restricted stock units. These RSUs represent potential shares of Equinix common stock, awarded as compensation, and are not an open-market purchase or sale of existing shares.
When do Nanci Caldwell’s Equinix (EQIX) RSUs vest?
The RSUs vest on the earlier of May 13, 2027 or the date of Equinix’s regular stockholder meeting held in the calendar year after the grant. Vesting requires that Caldwell remain in continuous service as a director through the applicable vesting date.
What happens to Nanci Caldwell’s Equinix (EQIX) RSUs if her board service ends?
The restricted stock unit award expires upon termination of Nanci Caldwell’s service. If her service with Equinix ends before the vesting date, the RSUs do not vest and effectively lapse, meaning the underlying shares are not delivered.
Is Nanci Caldwell’s Equinix (EQIX) RSU grant an open-market stock purchase?
No, the RSU grant is a compensation award, not an open-market purchase. The Form 4 shows transaction code “A” for a grant or award, with 241 RSUs granted at a stated price of $0.00 per unit to the director.