Equinix officer sells 307 shares at $1,035
Equinix’s chief customer and revenue officer disclosed a small open‑market sale and retains a direct share position.
Rhea-AI Filing Summary
Equinix Inc. (EQIX) reports that Chief Customer & Revenue Officer Michael Shane Paladin sold shares of common stock on September 4, 2026. He sold 307 shares in an open-market or private transaction at an average price of $1,035.01 per share, and now directly holds 2,450.485 shares of Equinix common stock. No Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 307 shares
Net Sell
1 txn
Insider
Paladin Michael Shane
Role
Chief Customer & Rev Officer
Sold
307 shs ($318K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 307 | $1,035.01 | $318K |
Holdings After Transaction:
Common Stock — 2,450.485 shares (Direct)
Key Figures
Shares sold: 307 shares
Sale price per share: $1,035.01 per share
Shares held after transaction: 2,450.485 shares
+1 more
4 metrics
Shares sold
307 shares
Common stock sold by Michael Shane Paladin on September 4, 2026
Sale price per share
$1,035.01 per share
Average price for the 307 shares sold on September 4, 2026
Shares held after transaction
2,450.485 shares
Direct holdings of Equinix common stock by Michael Shane Paladin after the sale
Number of reported transactions
1 transaction
Single sale of common stock reported in this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market or private transaction
2 terms
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this sale"
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.
open-market or private transaction financial
"He sold 307 shares in an open-market or private transaction"
FAQ
What insider transaction did EQIX report for Michael Shane Paladin?
Equinix reported that Michael Shane Paladin, Chief Customer & Revenue Officer, sold 307 shares of common stock on September 4, 2026 in an open-market or private transaction.
Was the EQIX insider sale made under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan applies to this reported sale by Michael Shane Paladin.
How large was the EQIX insider sale in this Form 4?
The filing reports a single transaction in which 307 shares of Equinix common stock were sold on September 4, 2026, leaving the officer with 2,450.485 shares held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.