Equinix (EQIX) CPO sells 630 shares under 10b5-1, receives RSU grant

Rhea-AI Filing Summary

Equinix Chief People Officer Brandi Galvin Morandi reported a small, pre-planned share sale and related equity award activity. On March 11, 2026, she received 630 restricted stock units as a fully‑vested bonus under the 2025 Annual Incentive Plan, after the Compensation Committee confirmed that performance criteria were fully attained. Those RSUs were immediately converted into 630 shares of common stock, increasing her direct holdings to 11,024.456 shares. On March 12, 2026, she sold 630 common shares in an open‑market transaction at $961.19 per share pursuant to a Rule 10b5‑1 trading plan, leaving her with 10,394.456 directly held shares. The RSU award expires upon termination of her service.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider MORANDI BRANDI GALVIN

Role Chief People Officer

Sold 630 shs ($606K)

Approx. gross sale proceeds $606K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Common Stock	630	$961.19	$606K
Grant/Award	Restricted Stock Unit	630	$0.00	$0.00
Exercise	Restricted Stock Unit	630	$0.00	$0.00
Exercise	Common Stock	630	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 10,394.456 shares (Direct)

Footnotes (3)

1. F1. Shares sold pursuant to a 10b5-1 Trading Plan.
2. F2. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.
3. F3. Restricted stock unit award expires upon reporting person's termination of service.

FAQ

What insider transactions did Equinix (EQIX) report for Brandi Galvin Morandi?

Equinix reported that Chief People Officer Brandi Galvin Morandi received 630 fully‑vested restricted stock units, converted them into 630 common shares, and then sold 630 shares the next day under a Rule 10b5‑1 trading plan.

How many Equinix (EQIX) shares did the CPO sell and at what price?

Brandi Galvin Morandi sold 630 shares of Equinix common stock at a price of $961.19 per share. The sale occurred on March 12, 2026 and was executed under a pre‑arranged Rule 10b5‑1 trading plan.

What equity award did Equinix (EQIX) grant to its Chief People Officer?

Under the 2025 Annual Incentive Plan, Equinix granted Brandi Galvin Morandi 630 fully‑vested restricted stock units on March 11, 2026. The grant followed the Compensation Committee’s determination that the plan’s performance criteria were 100% attained.

How many Equinix (EQIX) shares does the CPO hold after these transactions?

After the reported transactions, Brandi Galvin Morandi directly holds 10,394.456 shares of Equinix common stock. This reflects the conversion of 630 restricted stock units into shares and the subsequent sale of 630 shares the following day.

Were the Equinix (EQIX) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states that the 630 Equinix common shares sold on March 12, 2026 were “sold pursuant to a 10b5‑1 Trading Plan,” indicating the transaction was pre‑scheduled rather than timed discretionarily.

What happens to the Equinix (EQIX) restricted stock unit award if service ends?

The filing explains that the restricted stock unit award expires upon the reporting person’s termination of service. This means the RSUs are tied to ongoing service with Equinix and lapse if her service relationship ends.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/13/2026 - 04:06 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

MORANDI BRANDI GALVIN

(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 People Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		M		630	A	$0	11,024.456	D
Common Stock	03/12/2026		S(1)		630	D	$961.19	10,394.456	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 Unit	$0	03/11/2026		A		630		(2)	(3)	Common Stock	630	$0	630	D
Restricted Stock Unit	$0	03/11/2026		M			630	(2)	(3)	Common Stock	630	$0	0	D

Explanation of Responses:

1. Shares sold pursuant to a 10b5-1 Trading Plan.

2. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.

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

	/s/ Samantha Lagocki, POA	03/13/2026
	** 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.