Equinix (NASDAQ: EQIX) director receives 241 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kujawa Rebecca J reported acquisition or exercise transactions in this Form 4 filing.
Equinix Inc. director Rebecca J. Kujawa received a grant of 241 Restricted Stock Units tied to Equinix common stock. These RSUs vest on the earlier of May 13, 2027 or the regular stockholders’ meeting in the following calendar year, as long as she remains in continuous service. The award expires if her service with the company ends before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kujawa Rebecca J
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
Shares underlying RSUs: 241 shares
Vesting date latest: May 13, 2027
+1 more
4 metrics
RSUs granted
241 units
Restricted Stock Units granted on May 13, 2026
Shares underlying RSUs
241 shares
Equinix common stock underlying the RSU award
Vesting date latest
May 13, 2027
Latest possible vesting date, subject to earlier meeting-based vesting
Post-transaction RSU holdings
241 units
Total Restricted Stock Units held following this grant
Key Terms
Restricted Stock Unit, continuous Service, termination of service
3 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."
FAQ
What insider transaction did Equinix (EQIX) report for Rebecca J. Kujawa?
Equinix reported that director Rebecca J. Kujawa received a grant of 241 Restricted Stock Units. These RSUs represent rights to receive Equinix common shares in the future, subject to vesting conditions tied to continued board service and specific future dates.
How many Restricted Stock Units were granted to the Equinix (EQIX) director?
Rebecca J. Kujawa was granted 241 Restricted Stock Units. Each RSU represents one share of Equinix common stock upon vesting, so the award provides potential ownership of 241 shares if all vesting conditions are fully satisfied over time.
When do Rebecca J. Kujawa’s Equinix (EQIX) RSUs vest?
The RSUs vest on the earlier of May 13, 2027 or the date of Equinix’s regular stockholders’ meeting held in the calendar year after the grant. Vesting requires that she remain in continuous service as a director through the applicable vesting date.
What happens to the Equinix (EQIX) RSU award if the director’s service ends?
The RSU award expires if Rebecca J. Kujawa’s service with Equinix terminates before vesting. This means unvested Restricted Stock Units are forfeited upon termination of service and will not convert into Equinix common shares for the departing director.
Is the Equinix (EQIX) RSU grant to Rebecca J. Kujawa a market purchase or sale?
No, the RSU grant is a compensation-related award, not a market trade. It was reported with transaction code A, indicating a grant or award, and does not involve an open-market buy or sell of Equinix common stock by the director.